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You only live once - Live well


Perhaps travel cannot prevent bigotry, but by demonstrating that all peoples cry, laugh, eat, worry, and die, it can introduce the idea that if we try and understand each other, we may even become friends.

Don't go around saying the world owes you a living. The world owes you nothing. It was here first. If you don't like something, change it. If you can't change it, change your attitude. Change will not come if we wait for some other person or some other time. We are the ones we've been waiting for. We are the change that we seek.

It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change. All changes, even the most longed for, have their melancholy; for what we leave behind us is a part of ourselves; we must die to one life before we can enter another.

Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.

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Take up one idea. Make that one idea your life - think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success.

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    In Malta, it is possible to incorporate a closed and a public limited company. The minimum share capital of a public company is €46600 and €1200 for a private company. At the time of incorporation, at least 25 per cent of the capital of a public limited company and 20 per cent of the capital of a private limited company must be paid up.
    Taxation
    Profits earned by a resident company, whether in Malta or abroad, are subject to income tax at the rate of 35%. However, Malta does not impose tax on dividends, interest and royalties remitted abroad (no withholding tax) and Malta has no transfer pricing or thin capitalisation rules.
    (transfer pricing-the sale of goods or services to interdependent persons at intracompany, non-market prices. They allow the redistribution of the total profits of a group of persons in favour of persons in lower tax states. This is the simplest and most common scheme of international tax planning aimed at minimising taxes paid;
    thin capitalisation – when the company’s activities are financed by borrowed funds).
    Value Added Tax is levied on the sale of goods, works and services in Malta. The VAT rate on the island is 18%. Some goods are subject to preferential rates of 5% (e.g. printed publications, hotel services) and 0% (medicines and foodstuffs). There is no property tax and there is no turnover tax on the transfer of shares in companies owned by non-residents. Malta also has no exchange control legislation and a Maltese company can conduct its economic activities in any currency in the world.

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  • ThomasIllum

    In the context of international asset management, choosing the right jurisdiction to register funds and trusts is a critical decision. Europe offers many attractive options, each with its own unique advantages and peculiarities. In this part of the article, we present an analysis of the best European countries for opening funds and trusts, taking into account aspects such as tax policy, legal stability, financial infrastructure and asset protection.
    The best countries for opening trusts and foundations are Switzerland and Luxembourg. The legislation of these countries provides unprecedented protection for beneficiaries, the registration of trusts is the most flexible, and risks are minimised. Let us remind you that according to the Global Competitiveness Index, Switzerland is among the 10 best countries for financial investments. This country is the largest centre of trust administration, and in 2007 Switzerland ratified the Hague Convention on trust legislation.

    posted by ThomasIllum Monday, 26 August 2024 22:45 Comment Link
  • ThomasIllum

    Costs of business registration and further maintenance of the company
    When choosing a country for business registration, it is important to be aware in advance of the minimum required authorised capital for different types of companies, the average salary for hiring employees, the cost of office rent, the cost of banking services, etc.
    No foreign jurisdiction on blacklists
    Blacklists are maintained by international organisations as well as individual countries. For example, if a jurisdiction is included in the EU blacklist or is considered offshore, it complicates the country’s financial relations with the EU. In this case, European banks will be forced to conduct additional checks when dealing with companies registered in EU blacklisted countries.
    Fast and convenient air connections to the country of residence
    This factor is also very important. For example, you decide to open a company in Hong Kong, Singapore or Seychelles and the remoteness of these jurisdictions may create certain difficulties for the entrepreneur.

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    posted by semikarakorsk Monday, 26 August 2024 21:06 Comment Link

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About Us

Genie Computing Ltd was established in 2002 by two of the current Directors Ryan Francis & Daryl Hickman.

Its core business activities include desktop and notebook computer sales and repairs, business and public sector IT consultancy, and software engineering.

Opening Hours

Monday 9.30am - 5.00pm
Tuesday 9.30am - 5.00pm
Wednesday 9.30am - 5.00pm
Thursday 9.30am - 5.00pm
Friday 9.30am - 5.00pm
Saturday Closed
Sunday Closed

How To Find Us

 

Genie Computing Ltd

Unit 3A

Del Guerra Court

Tonyrefail

CF39 8ES