Best management location for US LLC

[MarkusCostigan]

No formal ruling, it's clearly written on the CFR website. That's the Bible in Malta for taxes. Google non dom company Malta CFR and you will see it.

And by the way, I have confirmed it with my lawyer and how to work around it. Malta has lots of tax benefits but it does not want to shout and sell itself like dubai. You need a good law firm to get yourself around it. Keep the locals happy and you are good.

So since a US LLC is considered non-dom, there would be no need to open a branch (overseas company) since the money is not remitted to Malta? Is it enough to pay the famous 5k per year?

Are you sure that Malta treats US LLC as non-dom company and not as personal income?

 

[JustAnotherNomad]

Are you sure that Malta treats US LLC as non-dom company and not as personal income?

That would only be relevant if the member was tax resident in Malta.

 

[A1988]

So since a US LLC is considered non-dom, there would be no need to open a branch (overseas company) since the money is not remitted to Malta? Is it enough to pay the famous 5k per year?

Are you sure that Malta treats US LLC as non-dom company and not as personal income?

Yes correct, Malta does not treat any LLC or any company as tax transparent unless incorporated in malta, so a US LLC qualifies as a non dom company.

You pay flat 5k a year as minimum tax and you are good. You can also pay 5k a year jointly with your spouse so it allows an excellent opportunity to optimise.

Malta also works well with gibraltar, you can be a shareholder and director as maltese resident and pay nil. So it qualifies as non dom company in malta and non resident company in Gibraltar.

 

[A1988]

Are you currently using this? How much are you paying for the director?

Yes I am using it, yes I am a resident of malta and director as well.