AEMI license in Malta

Published:
March 3, 2023
beautiful shot gozo island malta winter

Malta sets excellent basis for activities of firms in field of e-money, thus, more and more AEMI are opening in this jurisdiction. Jurisdiction has a good economy and political stability, a profitable IT infrastructure and convenient laws for company owners on blockchain and other fiscal and technical services. Also, an important advantage of such a permit as an AEMI license in Malta is state location in EU, so enterprises licensed in the jurisdiction can operate throughout Europe.

AEMI, which is established on the territory of this island, offers the latest range of services for digital transactions that regular banks do not always carry out. To buy a company with AEMI license in Malta is a perfect decision because such structure is very flexible and adapts perfectly to the constantly changing European regulations and rules. It is one of the first countries in Europe to pass new regulatory laws for AEMI and create specific blockchain and digital-currency frameworks.

Authorized electronic money institution license in Malta: advantages

  1. Clear and loyal regulatory framework.
  2. Favorable tax conditions.
  3. English-speaking workers with relevant education and qualifications in the local labor-market.
  4. Authorized e-money license in Malta provides opportunity to work throughout Europe.
  5. Proximity to 2 areas that are of interest to e-money companies – online casinos and digital games.
  6. The low costs required to maintain a firm and keep it running.
  7. Rapid approval – approximately 3-4 months after application.

Requirements for AEMI license in Malta

A firm that wants to get AEMI license in Malta must submit an application along with properly completed supporting documents:

  • a transaction program that defines the types of services planned to be provided;
  • a copy of the Memorandum and Articles of Association;
  • commercial plan. All information should be here to set up the starting capital and security mechanisms;
  • supervision mechanisms to combat money laundering and counter terrorism.

Ready-made AEMI license in Malta: taxes

Like all businesses that are residents of this jurisdiction, AEMI license in Malta for sale is subject to corporate income-tax of 35%. But this indicator also depends on the conditions of the general system of taxes of the jurisdiction. According to it, the tax, which is paid by the firm on the island during the final distribution of dividends, is credited to the shareholder as a tax credit against the tax liabilities of the shareholders. So, when the dividends are distributed, the shareholder will be entitled to recover the upfront taxes that were received from the distribution firm. In summary, the full conditional tax exemption makes firms set up in Malta very tax-efficient vehicles with the ability to recoup some of the money from shareholders. The tax reduction ratio is typically 6/7, which reduces the tax collection to just 5%.

Buy authorized e-money institution in Malta

All regulatory frameworks of the jurisdiction that govern deals of AEMIs take as a basis the provisions of the banking legislation (section 371 of the Laws of Malta), which transfers the Cryptocurrency Directive. Pursuant to section 2 of Banking Law, e-money establishments are any persons, not a credit company, that issue payment means in e-form. However, AEMI companies are not allowed to give loans or run other banking operations.

Cryptocurrencies, according to the Law on Monetary Value, are funds that are stored in e-form, and are issued after receipt of monetary means in an amount that is not less than the cost of issuing currency. Virtual money is accepted for payment by firms not being issuer.

AEMI in Malta for sale is a ready-made solution, by resorting to which, an entrepreneur gets the opportunity to quickly start a business at minimal cost. ELI Deal specialists are ready to provide you with professional assistance in licensing-process and selecting a ready-made company that already has a permit. Thus, you’ll be able to buy AEMI license in Malta, rationalizing your own costs as much as possible and enlisting the support of experienced professionals.

Related insights

Obtaining residence permit and citizenship in Turkey when buying a property

Dreaming of life under the Turkish sun? A Turkish Residency Permit is your ticket to a carefree holiday. Residency allowance not only legalizes your stay for a year or more but also opens doors for work, depending on the type of document obtained. Learn who can get the coveted status, under what terms, and what…

Read more 03.06.2024

NIE NUMBER in Spain: Definition, Types, Procedure and Papers

Provided that you are a non-citizen, buying a property in Spain is possible with the NIE. It is your unique number as a non-citizen. It’s vital for various activities, from buying housing to making a bank account. However, it’s important to note that the NIE alone doesn’t grant lawful residency. This article will guide you…

Read more 28.05.2024

How to Purchase a Property in Spain

Buying a property in another state offers numerous chances, from generating rental income to becoming a resident or even a citizen. With a diverse range of places to choose from, finding the ideal house in Spain is within reach. While the acquiring procedure may appear daunting at first, this guide provides a clear and concise…

Read more 28.05.2024

Gaming license in Portugal

The gaming industry in Portugal has seen substantial growth, prompting both local entrepreneurs and global investors to explore opportunities in this lucrative market. Understanding the legal framework for obtaining a gaming license in Portugal is essential for those interested in documenting this sector. This comprehensive guide covers the essentials of the gaming-license process, the associated…

Read more 27.05.2024

Buying A House In Spain In 2024

Acquiring housing requires careful navigation of legal procedures and a keen awareness of the accommodation market. Before investing, in-depth investigation is vital to avoid scams, understand taxation, and stay ahead of market changes.  This guide provides valuable insights for a smooth transition to homeownership in Spain, whether you’re interested in coastal areas or major cities….

Read more 27.05.2024

Buying an apartment in Spain: Is it a good idea

Acquiring a property in Spain can be an appealing choice for numerous international investors. The country boasts stunning beaches, a pleasant climate, and a rich culture that draws people from various backgrounds. In this article, we will delve into the reasons why investing in an apartment in Spain is a wise decision. Embracing the Mediterranean…

Read more 21.05.2024

How does the Process of Buying a Property in Turkey Work?

Turkey, with its rich cultural heritage, stunning landscapes, and booming real-estate field, has become an increasingly popular destination for possession investing. Whether you’re looking for a holiday home, a retirement retreat, or a lucrative investing possibility, guiding the method of Purchasing Property in Turkey can be an exciting yet daunting task. In this comprehensive guide,…

Read more 13.05.2024

Crypto license in the Dominican Republic

Crypto has significantly altered the economic landscape globally, offering innovative ways to transact and invest. As these digital assets gain traction, various countries are establishing adjustment substructures to oversee their use and protect investors. The Dominican Republic, known for its progressive policy to technology and finance, has also begun to navigate the complex terrain of…

Read more 24.04.2024

5 Best jurisdictions for Gaming license

In the vibrant realm of online-gaming, selecting a jurisdiction for achieving gaming permission transcends a mere adjustment formality; it’s a crucial decision impacting field access, tax obligations, and the brand’s prestige. A wise choice can unlock doors to profitable fields, build trust among players and partners, and ensure a stable legal framework conducive to growth….

Read more 17.04.2024

In which countries is it better to buy Real Estate in 2024?

In the ever-evolving landscape of global real-estate acquisition, the question of where to invest money is crucial. While the past may offer some insights, the future is where depositors aim to position themselves for success. Now, in 2024, various factors come into play when determining the best countries for real-estate acquisition. From economic solidity to…

Read more 16.04.2024

Top 6 Best Offshore Jurisdictions for crypto:

In recent years, the cryptocurrency field has witnessed exponential growth, attracting investors and enthusiasts alike from all corners of the globe. However, navigating the legal landscape surrounding cryptocurrencies can be complex, with adjustments varying significantly from one lawfulment to another. For those looking to establish a crypto-related business or simply seeking a favorable adjustment circumstances…

Read more 08.04.2024

What is important to know when buying Property in Turkey?

Whether you’re considering purchasing a holiday home, an investment in property, or relocating permanently, buying real estate in Turkey can be a rewarding venture. However, like any possessions purchase, it requires careful consideration and research to ensure a smooth transaction and avoid potential pitfalls. In this guide, we’ll explore the key factors to keep in…

Read more 21.03.2024