Good Day everyone,
in 10/2017 I incorporated a Malta Ltd. + Holding. Shareholder of Ltd. is Holding and Shareholder of Holding is my FZE in UAE. I'am resident of UAE.
I incorporated with the help of regional agent. First of all we tried to open Satabank account in 12/2017 but they left us in never ending support and ticket loop until we got the official news that they had problems with MFSA.
Meanwhile tried to open LeuPay but still the same. Only MyPOS accepted Ltd. + Holding. We don't know why because LeuPay and MyPOS are subsidiary companies of Satabank.
So now my big question. Is the 6/7 full imputation tax rate possible with EMI like MyPOS? I read many times that the local tax department is more like a Turkish bazar and they try to scam you with things like you don't have local IBAN so you don't get 6/7 full imputation tax rate and things like this.
My regional agent say it's possible but I'am not sure if he want to scam me.
Please be informed that I meanwhile know that Malta is heavy to get bank account and expensive too. But 1 Year ago I didn't know this and now before I use the companies and pay 35% Tax first I want to know if there is chance to get 6/7 tax refund.
Anybody have experience with this case?
If nothing help I will cancel/sell Malta companies and incorporate in Cyprus.
Before some people ask we need EU company for payment gateways and daily business with SEPA payments.
Thank's for help!
in 10/2017 I incorporated a Malta Ltd. + Holding. Shareholder of Ltd. is Holding and Shareholder of Holding is my FZE in UAE. I'am resident of UAE.
I incorporated with the help of regional agent. First of all we tried to open Satabank account in 12/2017 but they left us in never ending support and ticket loop until we got the official news that they had problems with MFSA.
Meanwhile tried to open LeuPay but still the same. Only MyPOS accepted Ltd. + Holding. We don't know why because LeuPay and MyPOS are subsidiary companies of Satabank.
So now my big question. Is the 6/7 full imputation tax rate possible with EMI like MyPOS? I read many times that the local tax department is more like a Turkish bazar and they try to scam you with things like you don't have local IBAN so you don't get 6/7 full imputation tax rate and things like this.
My regional agent say it's possible but I'am not sure if he want to scam me.
Please be informed that I meanwhile know that Malta is heavy to get bank account and expensive too. But 1 Year ago I didn't know this and now before I use the companies and pay 35% Tax first I want to know if there is chance to get 6/7 tax refund.
Anybody have experience with this case?
If nothing help I will cancel/sell Malta companies and incorporate in Cyprus.
Before some people ask we need EU company for payment gateways and daily business with SEPA payments.
Thank's for help!
