2018.06.01-DBI-Guide-Malta-March
MSI Global Alliance public balance sheets showcase a highly- In 2016, foreign direct investment in industrialised, service-based economy Malta stood at €161.4 billion, an increase with services representing 80%. of €9.5 billion compared to the previous Malta has a total population of over year. 460,000 inhabitants (2016). Other economic sectors include foreign trade, manufacturing, tourism and financial services. Mata has a strong Malta is a unitary parliamentary republic. labour market participation and one of Economic activity is primarily undertaken The current President, Marie Louise the smallest unemployment figures in by self-employed individuals (sole trader) Coleiro Preca, is the Head of State, whilst the EU. During the past months, or through partnerships, companies, Joseph Muscat, the current Prime significant increases were attributed to branches of foreign companies or Minister, is the Head of Government. the following sectors: cooperatives. The Maltese Parliament is the fintech and financial services. constitutional legislative body and is professional, scientific and composed of the House of technical activities, 1. Limited liability company Representatives made up of 67 the arts, entertainment and 2. Partnership representatives, including the Prime recreation, 3. Branch of foreign company Minister, Ministers, Leader of Opposition wholesale and retail, and all other members of parliament. transportation and The legal form most commonly chosen The President of Malta promulgates laws accommodation by international investors to set up passed by the Parliament business in Malta is a Private Limited Italy, United Kingdom and Germany are Liability Company (Ltd). A Malta Ltd must The President is appointed by a the country’s main import partners, have a registered office in Malta and a resolution of the House of while Germany, Libya and France are the minimum issued share capital of Representatives for a five-year term main export countries (2014).
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