{"id":461,"date":"2023-10-19T11:25:50","date_gmt":"2023-10-19T11:25:50","guid":{"rendered":"https:\/\/companyincorporationmalta.com\/?p=461"},"modified":"2024-03-23T16:49:50","modified_gmt":"2024-03-23T16:49:50","slug":"set-up-a-maltese-trust","status":"publish","type":"post","link":"https:\/\/companyincorporationmalta.com\/set-up-a-maltese-trust\/","title":{"rendered":"Set Up a Maltese Trust"},"content":{"rendered":"\n

Malta allows for the incorporation of both trusts and foundations. Our trust\u00a0experts in Malta<\/a><\/strong>\u00a0are well-versed in the country’s legal and regulatory framework regarding trusts. They can provide a comprehensive understanding of the relevant laws, regulations, and requirements that need to be met when establishing a trust. If you are planning to\u00a0set up a trust in Malta<\/strong>, the services of our agents are at your disposal.\u00a0<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
 Quick Facts<\/th>\n <\/th>\n<\/tr>\n<\/thead>\n
Legal framework <\/td>\n Governed by the Trusts and Trustees Act in Malta.<\/td>\n<\/tr>\n
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Types of trusts <\/p>\n<\/td>\n

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– Discretionary trusts;<\/span><\/span><\/span><\/p>\n

– Charitable trusts;<\/span><\/span><\/span><\/p>\n

– Fixed interest trusts;<\/span><\/span><\/span><\/p>\n

– Unit trusts; <\/span><\/span><\/span><\/p>\n

– Spendthrift trusts;<\/span><\/span><\/span><\/p>\n

– Accumulation and maintenance trusts. <\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

Trustee requirements <\/td>\n\n

Can be an individual or a corporate entity to set up a trust in Malta.<\/p>\n<\/td>\n<\/tr>\n

 Registration<\/td>\n With the Malta Financial Services Centre.<\/td>\n<\/tr>\n
Duration of trusts <\/td>\n\n

According to the Maltese Trusts and Trustees Act, it can stay in effect for a maximum of 125 years from its creation date. <\/p>\n<\/td>\n<\/tr>\n

Trust property <\/td>\n\n

Assets can include: real estate, investments, and more. If you are interested in setting up a trust in Malta, the services of our agents are at your disposal.  <\/p>\n<\/td>\n<\/tr>\n

Protector role <\/td>\n\n

Optional role to oversee trustee actions. <\/p>\n<\/td>\n<\/tr>\n

Tax incentive <\/td>\n\n

The money a trust must pay as income tax is a set amount of Lm200 (about US$600) each year. <\/p>\n<\/td>\n<\/tr>\n

 Tax returns <\/td>\n\n

Trusts are not required to file tax returns.  <\/p>\n<\/td>\n<\/tr>\n

Succession planning <\/td>\nTrusts commonly used for wealth transfer and protection. <\/td>\n<\/tr>\n
 Anti-Money Laundering Compliance<\/td>\n\n

Trustees must adhere to AML regulations. <\/p>\n<\/td>\n<\/tr>\n

Family trusts <\/td>\n\n

Common for preserving family wealth and assets. <\/p>\n<\/td>\n<\/tr>\n

Residence of trusts <\/td>\n\n

Trusts can be established for residents or non-residents. <\/p>\n<\/td>\n<\/tr>\n

Professional advice <\/td>\n\n

We offer proper trust establishment and management. If you are interested in setting up a trust in Malta, please get in touch with us.  <\/p>\n<\/td>\n<\/tr>\n

Benefits of Maltese trusts <\/td>\n\n

– Asset protection;<\/p>\n

– Tax efficiency;<\/p>\n

– Estate planning.  <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n

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