Malta has been steadily establishing a name for itself as an International Financial Services Centre over recent years and,being fully conscious of this fact, the Government has been constantly updating and improving its' fiscal legislation in order to strengthen its' position in the International Financial services sector.

With the setting up of the Malta Financial Services Authority, the regulatory autonomous body that supervises and ensures strict adherence to the legislative parameters, Malta is ensuring that the advantages offered are consistent with its international obligations whilst offering significant fiscal benefits to foreign investors. This has resulted in a great increase in the number of Foreign Companies registering in Malta and a surge in the demand for financial services from professional financial services providers.

Malta has recently greatly improved the facilities offered to prospective foreign investors with the enactment of legislation creating even stronger regulatory safeguards whilst increasing tax benefits. The present tax policies are both internationally competitive and very attractive to investors and to small and medium as well as large businesses.

Other advantages that Malta can offer include:

  • Political stability
  • Excellent communication facilities
  • The use of English as the official business language
  • A strategic position in the centre of the Mediterranean centred between Europe and North Africa
  • Traditional friendliness
  • An all year round pleasant and mild climate
  • A very high standard of all professional classes be it Lawyers, Bankers, Accountants, Economists and Financial Experts.
  • Highly competitive fees

With the recently introduced legislation, International Trading Companies (ITC's) can now be set up in Malta. These are trading or service companies that generate profits outside Malta. However non-resident shareholders or Maltese companies wholly owned by non-resident shareholders are only taxed at the maximum effective rate of 4.17% on dividends with full credit being given for the Malta tax paid by the company. Apart from the obvious tax advantages,the ITC can have nominee shareholders and directors,thereby ensuring full anonymity of the beneficial owners of the company.

Another type of company introduced is the International Holding Company (IHC).These are onshore companies and their main aim is to "hold" Shares in one or more overseas companies. They may also own and manage their own assets held outside Malta.

Apart from the establishment of the financial services centre measures have also been taken to ensure that Double Taxation treaties have been concluded with as many countries as possible .In fact no fewer than 30 such treaties have been negotiated to date. Moreover Professional Secrecy Legislation has been introduced providing reassurance to Foreign Investors through high levels of personal and commercial protection.

Furthermore a system of advance rulings by The Commissioner of Inland Revenue in Malta provides a guarantee of one's tax position for a minimum of 5 years which is renewable for further 5 year period. This guarantee clears all doubts regarding one's tax position and sets one's mind at rest on international tax issues prior to opting to direct one's business to Malta.

The above are only a few of the reasons why Malta is today a Financial Centre of considerable importance internationally and the interest shown by Foreign investors has increased so heavily. The professionalism and seriousness of financial service practitioners in Malta has helped to build a very good rapport with foreign entrepreneurs and a strong feeling of trust and dependability has been steadily created.

Exalco Financial Services Limited has built up such a reputation over the years and it is proud to have established long term relations with its clientele over a considerable length of time. Many of the prestigious names in its list of current clients have been transacting business with the Exalco Group of Companies well before the Exalco Financial Services Limited was set up and through the steady build-up of trust in dealings and negotiations with the Group over the years they have felt confident in making use of the financial services being offered by the company.

Exalco Financial Services Limited is an authorised Company under the relevant Maltese legislation which has some very important advantages for the user such as, tax savings, confidentiality guarantees, total exemption from exchange controls and other benefits.

We offer the full package of Financial Services at very reasonable charges, including:-

  • Formation and management of companies-Offshore and Onshore
  • Accounting and Auditing
  • Tax and financial consultancy
  • General office administration fax/telex/secretarial services
  • Bank Letter of Credit facilities
  • Registration of International Trading and Holding Companies
  • Ship Registration under the Malta Flag
  • Marketing
  • Real Estate
  • International Trade

Exalco Financial Services Limited provides a very personalised and efficient service to clients, tailor-made to individual requirements.

EXALCO (FINANCIAL SERVICES) LIMITED'S EXPERTISE IN THE VARIED SECTORS OF FINANCIAL SERVICES IS DUE TO THE FACT THAT EVERY MEMBER OF THE BOARD IS AN ACTIVE PROFESSIONAL PRACTITIONER IN A PARTICULAR SECTOR OF FINANCE SUCH AS:

  • LEGAL MATTERS - DR.ANDREW BORG CARDONA LL.D
  • TRADE AND COMMERCE - MR.ALEXANDER MONTANARO
  • INSURANCE AND COMMERCIAL LAW - DR.DAVID HARDING LL.D.
  • TAX CONSULTANCY ,ACCOUNTING AND AUDITING - MR.ADRIAN MILLER FCCA,FIA,CPAA
  • ACCOUNTING AND FINANCIAL CONTROL - MR.JOHN BASON AND MR JEAN MARC MONTANARO BSc Business Admin (Cardiff), ACCA.