Malta has a stable economy and political environment. It also has dedicated legislation, real tax efficiency, and a modern legal and business climate. Malta’s financial market is sound and open to foreign competition. The overall freedom to start and operate a business here is relatively well protected by the national regulatory environment.
Malta has enacted a fiscal and legislative framework with specific emphasis on sectors such as e−commerce, e−gaming, and banking. In May of 2004, Malta officially became a member of the European Union (EU). This is beneficial to international companies. This allows any Maltese−registered company to freely trade under the ‘passport’ system; any license issued by the Maltese government is automatically recognized in the other EU member states.