Repatriation of Maltese Persons established in a field of Excellence

Special Tax Rates

An individual who has been granted this special tax status will be subject to tax at a flat rate of 15% on income derived from a qualifying contract of employment, and applies for a consecutive period of 5 years.

Conditions to satisfy

• The individual is established in a field of excellence and returns as an ordinary resident in Malta, provided that he had been ordinarily resident in Malta for at least 20 years, but has not been ordinarily resident in Malta for 10 consecutive years prior to the return in Malta;
• The individual receives income, being emoluments payable under a qualifying contract of employment, and received in respect of work or duties carried out in Malta;
• He is protected as an employee under Maltese Law, has adequate and specific competence, and is in possession of educational and/or professional qualifications;
• The individual fully discloses for tax purposes and declares emoluments received in respect of income from a qualifying contract of employment.

Minimum Tax Requirements

Beneficiaries who are granted a certificate after an application to Malta Enterprise and who receive employment income of a minimum of €75,000 may benefit from such special tax, and thus minimum tax payable is of €11,250 annually.

Tax implications

Income received from a qualifying contract of employment will be taxed at a flat rate of 15%. Any other income, that is chargeable to tax in Malta, will be subject to tax at the rate of 35%.

Annual compliance

Filing an annual income tax return

Need more information? Contact us and our Tax team experts will be able to assist you!