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About Us
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Financegates.com is an experienced
guide to the world of finance. Our goal is to provide tools
and information that help consumers make best financial
decisions. FinanceGates.com operates a portfolio of
internet-based personal finance channels including banking,
mutual funding, stock brokerage, insurance and e-payments.
MISSION
FinanceGates.com offers a new level of the financial Internet services:
systematized, convenient and safe way of getting the best financial information and services from one source.
COMPETENCIES
The FinanceGates.com operates on the basic competencies:
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FinanceGates.com as a Business Integrator. We have selected all leading
financial institutions information in one place to help people spending less
time and money on search and choosing procedures. With FinanceGates you can
completely satisfy your financial needs by getting up-to date information,
selling or buying financial services as well.
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FinanceGates.com as a Market Expert. All world-known specialists are gathered
around Financegates.com brand to help you being efficient in the complex and
rapidly changing world of finance.
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FinanceGates.com as an Innovator. We have gathered all popular financial
information services and improved them by adding brand new functionality.
BENEFITS FOR CLIENTS
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You can quickly and easily select financial service by any important criteria -
be it profitability or cost, period or company's financial data (revenue,
assets, profit etc)
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Make profit in a second - order financial service via FinanceGates.com!
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Find all up-to-date financial information in News, Reviews and Education
sections on FinanceGates.com
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Our Financial Catalogue covers all main banks credit and deposit rates,
investment funds yields and insurance companies' quotes. Save time on data
search and selection doubts with FinanceGates.com!
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Our Financial Community unites all world-leading financial specialists which
could help you to solve financial questions and problems. It takes a couple of
minutes to our gurus to find solution for you!
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Every beginner could find a useful financial case or success story in our
Education section. With FinanGates.com education has become easy and thrilling!
FUTURE PROSPECTS
FinanceGates.com belongs to InternetGates Holding. InternetGates.com integrates a wide range of resources,
dedicated to different aspects of human life.
SECURITY
As information is the cornerstone of
our ability to provide superior service, our most important asset is our customers' trust.
Our top priority is to keep customer's information secure
and use it in accordance with our customer's wishes.
GRATITUDE
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International InternetGates.com has been operating for several years. Vast
market research has been carried out and we are grateful to internationally
acknowledged consulting firms: PriceWaterhouseCoopers, Deloitte&Touche and
McKinsey and to all those who contribute to our formation and development.
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Our sincere appreciation to:
Sam Walton for being an example of making great success through strong belief
and attention to details, Peter Druker for deep understanding of management
strategies Amir Hartman, John Syphonys and John Kador for the successful
concept of Internet economy, Grady Meants and David Schnaider for for finding
out the true origins of B2B revolution on time.
Thanks to people who played a significant role in formation of our
outlook such as: Rolf Jensen, Frederick P. Brooks, Jhon Milton Fogg,
Colin Barrow, Amir Hartman, John Sifonis, John Kador, Edward Yourdon,
Kjell Nordstrom&JonasRidderstrale, Grady Means, David Schneider, David Ogilvy,
Al Ries, Jack Trout, Stephen E. Rivkin, Philip Kotler, Jullian Sivulka, Tom Hopkins,
Don Failla, John O'Shaughnessy, William Wells, John Burnett, Sandra Moriarty, Paul Temporal,
Martin Trott, Frank Bettger, Naresh K. Malhotra, Robert T. Kiyosaki & Sharon L. Lechter,
Joe Girard & Stanley H. Brown, Thomas Gad, Lee Iacocca, . Northcote Parkinson, Adrian Slywotzky,
David J. Morrison, Bob Andelman, Bruce Ahlstrand, Joseph Lampel, Henry Mintzberg, Peter Doyle,
Richard L. Daft, Ron Rubin, Stuart Avery Gold, Jeanie Daniel Duck, Jim Collins, Francis G. Rodgers,
Bryan Burrough & John Helyar.
This list is not completed. We are very grateful to all the rest.
COMPANY INFORMATION
Our main office is situated in
Malta. On the one hand, the Maltese Islands are one of the
most charming destinations in the Mediterranean offering a
unique experience. Blessed with year-round sunshine and set in
crystal clear waters, Malta and its sister islands of Gozo and
Comino, can be a fascinating setting for a truly memorable
life. The climate is warm, healthy and generally mild. Rain
falls for only very short periods averaging about 600 mm (21
inches) in a whole year. The temperature averages 15C in
winter (November - April) and 32C in summer (May - October).
The sun shines for an average 6.46 hours each day in winter
and 10.11 hours in summer. The hottest period is from mid-July
to mid-September. The islands' numerous cultural, artistic and
natural treasures are there to be discovered and are all
within easy access from all locations. Malta sits in the
Mediterranean Sea on the crossroads of Europe, Africa and
Asia, approximately 90km south of Sicily and 290km from the
coast of Africa and with its 400,000 inhabitants attracts 1,5
mil tourists every year. To name the main reasons,
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A pleasant climate and a hospitable English-speaking people
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A peaceful and safe way of life & high standard of living
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A rich cultural and historical heritage
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Tax benefits
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Easy repatriation of capital & income out of Malta
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Favourable, tax-friendly procedure for moving your possessions to Malta
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Favourable double-taxation agreements with key countries
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A highly respected jurisdiction for incorporating low-tax companies
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Excellent banking centre with the presence of major international banks
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Excellent access by Sea and the Malta International Airport
On the other hand, Malta is a perfect
business center. Malta's official languages are Maltese and
English, the latter being spoken fluently by almost every
Maltese citizen. Business correspondence is mainly in English.
Most of the population is also conversant in Italian and a
good number can communicate in French, German and Arabic. The
Maltese economy has registered growth in recent years. Malta
is an open economy, with the EU being its main trading
partner. Inflation is low by international standards, and the
local currency is relatively stable vis-a-vis major foreign
currencies. Malta's economic strategy aims to sustain growth
in the IT industry, tourism, market services and commercial
sectors, in particular, the Financial Services. Malta has
established a comprehensive legislative and regulatory
framework for financial services activities and international
business which have incorporated the latest European standards
and EU Directives. Malta has a state of the art
telecommunications system incorporating a fully automated
digitalised transmission system and satellite facilities. This
allows direct access to all countries of the world. Moreover,
the Maltese government tends to create the world leading
center for IT gaming and betting. As a result of these
efforts, the attractiveness of Malta raised as a venue for
betting operations due to the tax-friendly environment in
which they are allowed to operate:
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Betting transactions are taxable at 0.5% on turnover.
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No licence fees
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No application fee
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Effective corporate tax rate of 4.17%
Maltese
betting operations are highly regulated and are carried out
through an International Trading Company (ITC) set up for the
purpose. ITCs are subject to the corporate tax rate of 35%.
However, this is effectively reduced to 4.17% as non-resident
shareholders are entitled to a rebate of 30.83% of the tax
paid on distribution of dividends. To finalize the above given
information, the Maltese government's economic strategy has
placed Malta firmly in the e-commerce and e-leisure markets,
exploiting a number of Malta's advantages:
Tax advantages:
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low taxation of gaming (0.5% on turnover),
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a low-tax onshore tax regime (ITCs),
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a network of double taxation agreements.
Other advantages:
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a sound legal and financial system,
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a sound ICT infrastructure,
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legislation on betting and e-commerce,
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strong regulatory bodies,
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a graduate-working force skilled in languages and IT,
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low-cost business accommodation,
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good telecommunications,
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low transaction costs
As a member of European
Union (since May 2004), Malta waits for the boost in the
development of its economy from the current stage.
|
Num. |
Jurisdiction |
GDP ($ bln.) |
Population, thous. |
GDP per capita, $ |
Total number of banks, units. |
Total assets, $ bln. |
Average assets, $ mil. |
| 1 |
Malta |
3.6 |
392 |
9,184 |
17 |
8.9 |
525.4 |
And
the Maltese government is to create the world e-commerce
center in Malta, as Luxembourg was created as a world holding
center (40%), and Switzerland - as a banking center.
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