Hi guys, after countless interviews with experts it is still not clear what is the best solution to manage a company as Self Sufficient in Malta.
The business we are talking about is a social network / community where users can sponsor their posts (facebook, twitter, etc. style).
First of all, the most IMPORTANT question:
How self sufficient Maltese can be a director of a foreign company? Is this a problem for Malta or I lose the status of self sufficient? Or is it enough that the work of administrator is not carried out in Malta?
Some options:
1. LLC Delaware. I was really inclined to this solution, until after the last interview with an accountant I was told that being a resident of Malta using a Delaware LLC would violate EU anti-abuse legislation and could run into important problems. Is this true?
2. Open a Maltese LTD where I carry out the role of director WITHOUT SALARY owned by a Foreign Holding. Even here, some say that since the work is done in Malta as a resident administrator, theoretically, a self sufficient cannot do it.
3. I have been advised by others to only own the foreign holding as self sufficient, this will own the Maltese trading which is administered by another person other than me. Very expensive solution, I would like to avoid.
The solution that I'd prefer remains the LLC USA, if is possible.
Thanks to everyone who can give me some clarity. Advice welcome.
The business we are talking about is a social network / community where users can sponsor their posts (facebook, twitter, etc. style).
First of all, the most IMPORTANT question:
How self sufficient Maltese can be a director of a foreign company? Is this a problem for Malta or I lose the status of self sufficient? Or is it enough that the work of administrator is not carried out in Malta?
Some options:
1. LLC Delaware. I was really inclined to this solution, until after the last interview with an accountant I was told that being a resident of Malta using a Delaware LLC would violate EU anti-abuse legislation and could run into important problems. Is this true?
2. Open a Maltese LTD where I carry out the role of director WITHOUT SALARY owned by a Foreign Holding. Even here, some say that since the work is done in Malta as a resident administrator, theoretically, a self sufficient cannot do it.
3. I have been advised by others to only own the foreign holding as self sufficient, this will own the Maltese trading which is administered by another person other than me. Very expensive solution, I would like to avoid.
The solution that I'd prefer remains the LLC USA, if is possible.
Thanks to everyone who can give me some clarity. Advice welcome.
