Expanding into
Malta
Expanding into Malta can bring many opportunities. The country is characterised by a skilled and international workforce, favourable employment and tax laws, and a durable infrastructure network that prides itself on being a strong maritime link between European, African, and Asian markets. Tourism, electronics, construction, and information technology services are the leading sectors of the Maltese economy.


Get the Support You Need
Global Expansion is a step to make for any business, regardless of your goal. But the opportunities that can come with an expansion can be stimulating as well as intimidating and confusing, especially when you consider all of the registration procedures that need to be done and the documentation required.
Going at it without the proper support can increase the costs, time and risks involved.
The legwork and potential red tape can be worked through more efficiently and cost-effectively with the support of a Professional Employer Organisation (PEO) such as Bradford Jacobs, primarily through our Employer of Record (EOR) framework.
It can be best utilised when businesses are just beginning their expansion process and require more information before incorporating an entity and fully establishing themselves in the Maltese market.
Hiring Staff
in Malta
Malta’s open market economy is highly industrialised and service based. It has been classified as a high-income country (World Bank, 2015) and an innovation-driven economy (World Economic Forum, 2014). Geographically, Malta is ideally placed in the Mediterranean Sea and acts as a crossroads between Europe, Africa, and the Middle East. Its robust infrastructure includes a world-renowned reputation as a flag of quality for its ports.
Malta sees its economy soar to the top of European ranks. The European Commission predicted, in its Winter Economic Forecast, that the country will have the second-largest European growth rate in 2023. They add that Malta would see an annual economic growth of 3.1%, surpassing Europe’s average by 2.3%.
Malta saw extraordinary results in 2022, with a growth of 6.6%, the third-largest in Europe. The performance has been credited mainly to solid growth in the service and tourism sectors, the latter recovering swiftly from the pandemic. Despite the Maltese Government’s efforts to subsidise energy prices, inflation in Malta stands at 6.1%.
The country has its eyes on the future, embracing innovation, sustainability, and digitalisation – the administration is increasing investments in attracting opportunities in information technology, financial services, tourism, and manufacturing to the archipelago.
Small and Medium-Sized Companies (SMEs) play a significant role in Malta’s economy. They account for 95% of all Maltese companies while providing 140,000 people jobs! In 2022, 33,442 SMEs were operating in the country – with 30,903 micro-sized enterprises employing between 0-9 people.
On February 1, 2023, a new €2 million grant scheme opened to help SMEs purchase equipment and machinery through European Funds. This new program will make it simpler and easier to apply funds and help businesses become more efficient.
This opportunity perfectly aligns with Malta’s government strategy of digitalising companies and making them stronger and more resilient.
According to a Malta Chamber of SMEs’ “Business Performance Survey”, 6% of SMEs plan to take their business overseas in 2023, while 39% reported that 2022 was better than 2019 (pre-pandemic).
TIN for non-Maltese nationals is issued by the IRD once they complete a registration form.
Entities registering with the Maltese Registry of Companies are automatically registered with the IRD and issued a TIN.
Main Customers: Germany (14%), Italy (9.5%), France (6%), Japan (5.7%), Singapore (4.6%), Hong Kong (4.3%), the USA (4.2%), and the UK (4.1%).
Main Suppliers: Italy (23%), Canada (7%), France (7%), Spain (6,2%), Germany (5.6%), China (5.4%) and the UK (5.1%).
Hiring Staff
in Malta
Malta sees its economy soar to the top of European ranks. The European Commission predicted, in its Winter Economic Forecast, that the country will have the second-largest European growth rate in 2023. They add that Malta would see an annual economic growth of 3.1%, surpassing Europe’s average by 2.3%.
Malta saw extraordinary results in 2022, with a growth of 6.6%, the third-largest in Europe. The performance has been credited mainly to solid growth in the service and tourism sectors, the latter recovering swiftly from the pandemic. Despite the Maltese Government’s efforts to subsidise energy prices, inflation in Malta stands at 6.1%.
The country has its eyes on the future, embracing innovation, sustainability, and digitalisation – the administration is increasing investments in attracting opportunities in information technology, financial services, tourism, and manufacturing to the archipelago.
On February 1, 2023, a new €2 million grant scheme opened to help SMEs purchase equipment and machinery through European Funds. This new program will make it simpler and easier to apply funds and help businesses become more efficient.
This opportunity perfectly aligns with Malta’s government strategy of digitalising companies and making them stronger and more resilient.
According to a Malta Chamber of SMEs’ “Business Performance Survey”, 6% of SMEs plan to take their business overseas in 2023, while 39% reported that 2022 was better than 2019 (pre-pandemic).
TIN for non-Maltese nationals is issued by the IRD once they complete a registration form.
Entities registering with the Maltese Registry of Companies are automatically registered with the IRD and issued a TIN.
Main Customers: Germany (14%), Italy (9.5%), France (6%), Japan (5.7%), Singapore (4.6%), Hong Kong (4.3%), the USA (4.2%), and the UK (4.1%).
Main Suppliers: Italy (23%), Canada (7%), France (7%), Spain (6,2%), Germany (5.6%), China (5.4%) and the UK (5.1%).
The Main Sectors of the Maltese Economy
The country focuses on the following key sectors, which all have a significant impact on the country’s economy:
The Main Sectors of the Maltese Economy
The country focuses on the following key sectors, which all have a significant impact on the country’s economy:

Commercial Laws in
Malta
Commercial Laws in
Malta
