Malta, under the single regulator of the Malta Financial Services Authority (MFSA), provides a secure, regulated environment for QROP administrators, while maintaining flexibility in respect of investments and withdrawals and all within a flexible tax environment.
As Pillar II pension schemes, QROP schemes established in Malta may apply to HMRC for formal acceptance of the scheme as a QROPS. Upon approval by HMRC as a QROPS, the Maltese scheme could accept funds or assets transferred from existing UK pension schemes.
Acumum can assist QROP schemes in the preliminary discussions with the MFSA as well as assisting in the setting up and licensing of your QROP scheme.
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