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Malta's location is ideal for conducting international business and it offers various advantages: Malta has had an important strategic value for several thousands of years due to its geographical location at the crossroads of modern civilization. Malta served as a European outpost for the Northern part of Africa, the Middle East and Southeast Europe (Greece, Rumania and the territory of the previous Yugoslavia). Until recently, political power related considerations were dominant because whoever ruled Malta also controlled the Mediterranean region; today, financial and business factors are what render Malta increasingly interesting. Indeed, it is an ideal base for doing business in the afore-mentioned regions, not only because of Malta's location but also because historically Malta has always cultivated close business relations in those areas.

Malta is a stable two party parliamentary democracy and is one of the European Union member states. Indeed it is the southernmost border of the EU and despite its size it has a pivotal role to play in the region. Malta boasts an excellent educational system and has a labour pool of skilled, loyal, conscientious, flexible and English speaking people. The salary level is about one third of the one prevailing in Central Europe.

Malta is the rising star in financial services and this sector of the economy already counts for 13% of GDP and is growing exponentially. It is no coincidence that all financial services legislation in Malta has been adopted unanimously in Parliament, and the standard of this legislation and indeed of the regulatory authority (MFSA - Malta Financial Services Authority) overseeing financial services business in Malta is of the highest order.

Malta's financial services sector is highly professional; most management staff were educated or gained professional experience in the UK. HSBC has taken over one of the big banks in Malta and other known banking institutions also have a presence of sorts, thereby ensuring that international banking services are first-class and guaranteed. The well-known Fidelity Group, the UBS Bank of Switzerland, amongst others, have registered their mutual funds in Malta and at the same time listed the respective units at the Malta stock exchange. This is another proof of the high quality standards of this financial centre. It is also emerging as a very valuable Mutual Fund jurisdiction...an alternative within the EU to the traditional fund jurisdictions.

We are pleased to supply additional information upon request. We assist in the registration, administration and management of companies, trusts and eventually also commercial foundations; in the registration and licensing of retail and specialised Mutual Funds; in the provision of purely back-office administration services to Fund Service Providers; in the procedure for the issue of Residence Permits; and in the establishment of production or service facilities. As experts of the Maltese market (over 15 years), we maintain first-class relations with the authorities, lawyers, accountants and management consultants.