Malta’s geographic position at the centre of the Mediterranean makes it an ideal strategic aero hub. Malta is a member of the European Union and it is close to the Middle East and North African Region.
Its membership in the EU and a good network of Air Services Agreements, (presently there are 55) places Malta in an attractive position for the location of an aviation cluster. The Global Competitiveness Report 2010-2011 ranked Malta’s banking system at the tenth in its global rankings. A solid and stable banking sector guarantees adequate financing for the aviation sector.
The Maltese Government firmly believes that Malta has the necessary potential to create a successful aviation cluster. The Maltese Government has undertaken to commit all the necessary investment to support the aviation industry in Malta.
Transport Malta, as the competent authority, has pursued and achieved the legal reform thereby introducing incentives and benefits for foreign investors and international registrants. The aviation sector is regulated by the Civil Aviation Directorate, within Transport Malta. The directorate is both efficient, and accessible on a 24/7 basis. CAD staff have technical expertise and an excellent command of the English language.
Malta’s diverse industries offer a range of services including aircraft and engine maintenance, repair and overhaul, software development, aircraft management, aircraft maintenance training and ancillary sup-port services.
Malta’s tax system, plus its extensive network of double taxation treaties, offers significant fiscal efficiency to investors and companies establishing here. It has been recognized as one of the main drivers in creating an attractive environment for foreign investors.
Its full imputation tax system and other tax incentives makes it desirable for companies to locate to Malta, especially aircraft leasing companies and air services operators.