WELCOME TO MALTA
Malta is internationally recognised as a jurisdiction providing excellence in financial services and enjoys an extensive network of double tax agreements with more than seventy countries.
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ABOUT MALTA
Malta is situated at the strategic heart of the Mediterranean within easy reach of Europe, Africa, the Middle East, and Asia. It is an independent republic, a full member of the Commonwealth and the European Union, including the Eurozone, and has its own combined civil and common law-based system while also being subject to all EU Directives.
Malta is internationally recognised as a jurisdiction providing excellence in financial services. It offers an attractive cost and tax-efficient base for clients looking for an EU-compliant, yet flexible, domicile. It has its own efficient taxation regime and enjoys an extensive network of double-taxation agreements with more than seventy countries from Australia to the USA. Malta is a corner-stone of efficient structuring options for our EU and world-wide clients and offers itself as an excellent jurisdiction for companies and individuals seeking to protect their wealth.
FURTHER INFORMATION
If you would like further details on our products or services, please contact us on the details below:
STM MALTA TRUST & COMPANY MANAGEMENT LIMITED
San Gwakkin Building
Level 1
Triq is-Salib tal-Imriehel
Zone 4
Central Business District
Birkirkara, CBD4020
Malta
Tel: 00356 213 33210
info@stmmalta.com
Available SERVICES and Companies in MALTA
With a number of QROPS providers to choose from, clients and their advisers need to ensure they choose an established, quality service provider with the commitment and longevity to administer funds for the entire term of the pension. As a company listed on the London Stock Exchange, and with schemes in the key jurisdictions of Malta and Gibraltar, STM are world leaders in the field of pensions.
STM provide pension solutions to companies and individuals resident in Malta and to internationally-mobile individuals through STM Malta Trust and Company Management Ltd.
One of the more recent newcomers to the QROPS arena and, with the added benefit of being a member of the EU, Malta has a wide number of double-taxation agreements, coupled with a sound financial services framework, good corporate governance, and solid regulation.
VAT is not applicable to Trustee services in Malta. Withholding tax of up to 35% is levied on countries that either have no DTA or a limited/remittance-based agreement. Up to 25% pension commencement lump-sum can be taken from age 55 from UK transferred funds. Further information can be obtained upon request.
We provide a complete pension transfer solution for both EU and non-EU residents alike, making the most of over 70 double-taxation agreements Malta has in place with other countries.
Our range of products available from Malta include:
QROPS & QNUPS
Packaged QROPS products utilising our own in-house life assurance company (STM Life)
QNUPS – available to UK or non-UK residents
EURBS – available in other EU countries
US QROPS for those resident in the United States
US Expat Plan
Occupational Pension Schemes within Malta
We employ numerous technical specialists and invest in product development to ensure the delivery of innovative and global solutions to both clients and intermediary partners.
Deborah Schembri
BA (Hons) Accty., Dip. Tax., FIA, CPA, MIM, MBA (Henley)
Role: Managing Director
Division: STM Malta Trust & Company Management Limited (Pensions and Trust & Company Management)
Speciality: Personal Pension Schemes and Trust & Company Management
Telephone: 00356 21 333 210
Email: info@stmmalta.com
As pioneers in the field of QROPS, STM are now working with leading pensions lawyers to open up the transfer of pensions in a number of EU countries.
QROPS is a UK proposition, however STM have now made the breakthrough with transfers from Dutch and Irish pension funds, and a number of other EU countries are likely to follow over the course of the next twelve months.
If you have clients with Dutch or Irish pensions and they are no longer resident in either of those countries, there are significant advantages to be gained by transferring to an STM Retirement Plan.
Potential advantages include:
Greater investment choice
Reduced pension administration costs
Consolidation of pension schemes
Income tax savings
Tax savings on death
Benefits passed to loved ones on death
Currency options to help mitigate exchange rate risk
Please feel free to contact us to learn more about pension transfers to an STM EU Retirement Benefit Scheme (EURBS).
Deborah Schembri
BA (Hons) Accty., Dip. Tax., FIA, CPA, MIM, MBA (Henley)
Role: Managing Director
Division: STM Malta Trust & Company Management Limited (Pensions and Trust & Company Management)
Speciality: Personal Pension Schemes and Trust & Company Management
Telephone: 00356 21 333 210
Email: info@stmmalta.com
PRODUCT INFORMATION FOR FINANCIAL ADVISERS
