• 20 Years
    experience
    More than 20 years experience in handling international business
    from Malta and a well structured powerful network not limited only
    to this Mediterranean Island but also across North Africa, the Middle East,
    Europe, Switzerland and Asia, makes us a competent and serious partner.
  • Network
    of specialists
    Our expertise guarantees your sustainable business development and we will support you personally
    in all questions related to the set up and management of your Maltese company or your
    international company structure.
  • We make your goals ours !
    Through an intensive dialog we develop solutions together for the best
    possible ways to protect your private or business income in the long term,
    find new markets or optimize your supply chain.
  • We grow with you
    We are looking forward towards a mutually beneficial business
    relationship which should result in easier administration of
    your Maltese business and an efficient cost structure within
    your international setup.

Maltese Trusts

A trust is an obligation, which binds a person or persons ( trustees) to deal with property over which they have control ( the trust property) for the benefit persons ( the beneficiaries), or for a charitable purpose in accordance with the terms of the trust. The beneficiaries can be any born or unborn persons, minor or incapable, and also the trustees or settlers (founder of the trust) themselves, as long as they are not resident in Malta at the time of incorporation of a Maltese  trust.

The procedure of setting up a trust in Malta is relatively straight forward, and recognizes all main forms of trusts, which one normally find in other jurisdictions. A Maltese trust, which is regulated by the Trust and Trustees act, chapter 331  of 2004( act) is often used as an efficient vehicle for  asset and family wealth protection, estate, wealth  or tax planning, discretion purposes, or as a commercial tool for testamentary usage. The act incorporates the Hague Convention on the law applicable to the trusts and is in full compliance with all European regulations. The MFSA, (Malta Financial Services Authority) an autonomous public authority of Malta, is responsible for the authorization of licenses, regulation and supervision of trustees in Malta. The MFSA also supervises the banking sector and financial institutions, and investment services business.

Income attributable to a trust is not charged tax in the hands of the trustee, if it is distributed to a beneficiary. In case all beneficiaries are not resident in Malta, and the income does not arise in Malta too, there is no taxation in Malta. Under certain circumstances a holder of a foreign resident permit can be beneficiary of a Maltese trust with the same benefits too.

 A trust remains valid for 100 years, except it is for a charitable purpose.

Trustees and Maltese trusts have to be duly licensed by the MFSA

There is the option to convert a Maltese trust into a Maltese foundation if desired so, with continuity of existence, which gives Malta as a location for a trust a great advantage towards other jurisdictions, where such circumstances would cease the trust, which could lead to undesirable tax charges. 

for Maltese trustee, and foundation  services, SSCI partners up with well established partners, specialized in this sector, and fully licensed, supervised and authorized by the MFSA, the Maltese regulator for Financial Services.