- Global residence programme
- Malta residence programme
- Malta retirement programme
- Ordinary residency in Malta
- Grant of Citizenship for Exceptional Services
- Qualifying Employment in Aviation Rule
- Qualifying Employment in Innovation and Creativity (Personal Tax) (Amendment) Rules, 2019
- Qualifying Employment in Maritime and Offshore Oil & Gas Industry Rule
- Direct international tax
- Indirect international tax
- Global mobility services
- Transfer pricing
- Estate planning
- Wealth advisory
- Trust and trustee services
- Regulatory and legal
- Medical cannabis licensing in Malta
- Corporate services
- Ship and aircraft registration
- Company formation
- Financial regulatory services
- VAT
- 2018 Amendments of the Income Tax Act
- Family trusts
According to official data released today by the National Statistics Office (NSO), Malta’s debt for 2019 amounted to €5,695 million or 43.1% of gross domestic product (GDP). Such a figure is almost half the average of the Eurozone (84.1%).
The surplus decreased of €166.1 million from the previous year, with the new figure for 2019 being €71 million (corresponding to 0.5% of the GDP). The government debt amounted to €5,695.6 million or 43.1% of the GDP.
When comparing 2019 with 2018, the country’s total revenue increased by €273.4 million, while the total expenditure increased by €439.5 million. Increases in revenue were registered in the current taxes on the income and wealth sector (€68.3 million), market output (€31.5 million), and net social contributions (€6 million).
The general government balance was equivalent to a surplus of 0.5% of the GDP - a decrease of 1.4 percentage from the 1.9% surplus registered in 2018.