This scheme was introduced to attract top expertise and skills in the financial services, remote gaming and aviation sectors, to thus attract and recruit the highest qualified, experienced and senior professionals available globally.

The beneficial tax rules in HQP are mainly applicable to senior employees filling positions with companies licensed by the MFSA (Malta Financial Services Authority), the MGA (Malta and Gaming Authority) or the Authority for Transport in Malta (TM),

Such senior employees may opt to pay tax at the Flat Rate of 15% on employment income derived in respect of work or duties carried out in Malta (or in respect of any period spent outside Malta in connection with such work or duties).