Malta signs a double taxation treaty with Ukraine

On the 4th of September 2013, Malta and Ukraine signed a double taxation treaty which provides for a reduced withholding tax of 5% on dividends and 10% on interest and royalties when such income is paid by a Ukranian resident to a Maltese resident. Certain conditions apply for the reduced rates to be applicable. Malta does not withhold any tax on payments of dividends, interest and royalties irrespective of the country of residence of the beneficiary. The treaty will enter into force upon the exchange of the ratification instruments and its provisions will apply as from January 1 of the year following its entry into force.

For further details and information on this treaty, please contact the firm’s tax partner Stephen Balzan at