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Canadian moved to Malta with a work permit have an online side busines

malteser

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Aug 7, 2019
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Hey guys, I'm a software consultant, got hired by a Maltese company as an employee and moved to Malta from Canada few weeks ago. I let go of my Canadian residency with the help of a tax lawyer (rented my properties, sold cars, memberships etc and closed my online business).

I'm supposed to receive my work permit next week and then get the maltese id.

What's the best course of action to open my side business and benefit from the tax savings?

Should I simply open a self employed business in Malta and signup for revolut/transferwise for business?