Malta's business climate and economy has been transformed since it voted to join the EU in 2004. In recent years it has enjoyed one of the highest GDP growth rates in Europe. It is classified as an advanced economy by the International Monetary Fund, a high-income country by the World Bank and an innovation-driven economy by the World Economic Forum.
The strengths of the Maltese economy are (a) its strategic location, being situated in the middle of the Mediterranean Sea at a crossroads between Europe, North Africa and the Middle East, (b) its fully developed open market economy, (c) a multilingual population and (d) its low corporate tax rates. Industry sector strengths are in shipping, tourism, online financial services (especially banking and gaming) and electronics manufacturing.
The role of Gowling WLG's Malta team is two-fold. Outbound, our role is to assist our clients from outside Malta in selecting the most suitable legal advisers in the area to help them with their business on Malta. Our comprehensive knowledge of the region's law firms and legal market will ensure you get the advice you need.
Inbound, our role is to apply our extensive experience to assist clients headquartered in Malta with establishing their business operations internationally - whether through an acquisition or by establishing a greenfield operation - and looking after their ongoing legal needs.
Members of our Malta team regularly visit their clients and contacts in Valletta.
To learn more about how we can help your business succeed, please contact Julian Henwood.