Malta Securitisation License

Tax Neutrality

Malta applies specific tax rules to securitisation vehicles that eliminate tax leakage, ensuring the vehicle achieves full tax neutrality on its securitisation transactions. These rules also ensure that originators who are not Maltese tax residents face no Maltese tax liability.

Extensive Double Tax Treaty Network

Malta has over 65 Double Tax Treaties in place worldwide, providing securitisation vehicles with significant advantages in managing cross-border tax obligations and reducing withholding tax exposure.

Interest Payment Exemption

No Maltese tax is payable on interest payments made by a securitisation vehicle to securities holders who are not resident in Malta, do not have a permanent establishment in Malta, and are not owned or controlled by an individual ordinarily resident and domiciled in Malta.

Dividend Exemption

Dividends paid by a Malta securitisation vehicle to its shareholders are fully exempt from Maltese tax, making profit distribution straightforward and cost-efficient.

Securities Transfer Exemption

No Maltese tax applies on the transfer of securities issued by a securitisation vehicle, provided the transferor is not resident in Malta and is not owned or controlled by an individual ordinarily resident and domiciled in Malta.

Stamp Duty Exemption

A securitisation vehicle established as a Maltese company qualifies for a full stamp duty exemption where more than 90% of its business interests are located outside Malta.

No Regulatory Authorisation Required

Securitisation vehicles are specifically exempt from any licensing or authorisation requirements under Maltese law, including activities that would ordinarily require authorisation under the Investment Services Act or the Banking Act.