The Highly Qualified Persons (HQP) Rule is a tax incentive programme designed to attract top-level professionals to Malta’s key sectors, including financial services, remote gaming, aviation, and technology. By offering a flat 15% tax rate on income derived from qualifying employment, the HQP Rule allows eligible professionals to enjoy significant tax savings while living and working in a dynamic EU member state.

This initiative is ideal for executives, specialists, and key decision-makers looking for professional opportunities in Malta, coupled with an advantageous tax environment.

Who Can Benefit from the HQP Rule?

The HQP Rule targets non-domiciled individuals working in highly skilled roles within eligible industries. To qualify, applicants must meet the minimum annual income threshold and hold employment in one of the following sectors:

• Financial services, banking, and investment management
• Remote gaming and online betting
• Aviation, including aircraft leasing and maintenance
• Technology, IT, and digital innovation

Typical positions include executives, directors, senior managers, and professionals with technical expertise that contribute to the development of these industries.

Key Benefits of the HQP Rule

• Flat 15% Tax Rate: A reduced tax rate applies to income derived from qualifying employment, providing significant savings compared to standard rates.
• Duration of Benefits: Non-EU nationals can benefit from the tax relief for up to five years, with an option to extend for an additional five years. EU/EEA nationals can benefit for four years, with a potential five-year extension.
• Family Coverage: Spouses and dependents can also benefit from residency status, ensuring a seamless relocation experience for families.
• Double Taxation Relief: Beneficiaries can take advantage of Malta’s extensive double tax treaty network, preventing double taxation on the same income.

Eligibility Requirements

To qualify for the HQP Rule, applicants must meet the following criteria:

• Minimum Annual Income Threshold: Applicants must meet or exceed the minimum salary requirement set by the Maltese government, which is periodically updated.
• Employment in a Qualifying Role: The employment contract must be in a recognised sector and approved role under the HQP scheme.
• Tax Compliance: Beneficiaries must comply with Malta’s tax regulations, including the timely filing of annual tax returns.
• Residence in Malta: Applicants must reside in Malta but cannot be domiciled in the country.

How FACT Supports You

At FACT, we ensure that your HQP application is handled efficiently and with precision. Our services include:

1. Eligibility Assessment: We review your role, salary, and industry to confirm your eligibility for the HQP Rule.
2. Document Preparation: Our team gathers the necessary documents, including employment contracts, proof of income, and residence details.
3. Application Submission: We handle the application submission to the relevant authorities, ensuring compliance with all requirements.
4. Post-Approval Support: Once approved, we assist with annual tax filings, extensions, and any updates required to maintain your HQP status.

Why Choose Malta’s HQP Rule?

The HQP Rule not only provides significant tax benefits but also allows professionals to enjoy a high standard of living in a stable and business-friendly environment. Malta’s robust infrastructure, bilingual workforce, and strategic location in the EU make it an attractive destination for career advancement and personal growth.

Start Your HQP Application with FACT

With our expertise, FACT simplifies the application process and ensures that you gain the full benefits of the HQP Rule. Contact us today to begin your journey towards tax savings and professional success in Malta.