A foreign company registered in Malta, is subject to a 35% tax on profits, and can obtain an Advance Revenue Ruling confirming that the special tax treatment applies in accordance with the nature of the income. Relief from double taxation is provided where no proof of foreign tax suffered is available, a company may then claim a flat foreign tax credit of 25% of the net income, provided a certificate from a Maltese auditor ascertains that the income arose outside Malta.