There are 5 Companies in Malta
that provide Blockchain Services!

Malta is a well-known country for hosting a good number of companies in the gaming industry, IT departments, and fintech services, as well as other companies that are looking for IT professionals to help them with the management of the data that has been collected over the years. It is common to find local companies in international operations, and an international IT brand having a branch in Malta. This is due to their technology development through the years, when they have a high demand for technical talent, mostly software developers, professionals have benefited from this growth.

Due to the high demand and limited supply of native IT professionals in the country, salaries and benefits are improving, and they are higher than in other Maltese industries. A recent survey showed that Malta is one of the top 3 destinations for expats, and this can be due to having over 300 days of summer, a rich culture, and a multicultural population.

This country also joined the European Union on the 1st of May 2004 with the “Maltese European Union membership referendum”, where they decided to become part of the EU with 54% of the votes. Also, this country has a minimum wage of €221.78, for workers 18 years of age and older, which is a strong point for having a competitive job market and also to reduce production costs when working with IT companies from Malta.

Why Should Somebody Work With Companies From Malta?

This country is having a strong and steady growth in the Information Technology industry, especially for the gaming industry, offering a good number of opportunities for careers in this field. There’s also a good trend for the Cryptocurrency sector. The prediction is that they will have a very strong growth over the following years, which is very good news for IT companies in Europe looking to outsource their fintech or crypto services.

There’s a high demand for IT professionals, and this means the competitiveness is high, which is good for companies because they will be able to offer better quality services to their European and local partners. The ease of doing business in Malta is a very good point for working with companies from Malta because they are also under the European laws. Becoming a member of the European Union 21 years ago, it will be easy to make deals with this country due to the union agreements.

The government started to help the initial growth of Malta’s IT industry in the 1990s when the country understood that the ICT industry was crucial for its economic development and also for a diversified economy. Malta is a country where you can do all the bureaucratic processes online because they understand that this could help the people and also the creation of new deals with the country’s companies. Malta is especially interesting for the Gaming and Fintech industries because of its fiscal benefits, a strategic location in the center of the Mediterranean, and very close to other European countries. A lot of big companies are working here for these reasons, some of them are HP, Microsoft, and Cisco.

It is also an interesting scenario for companies from the UK, Germany, or Sweden because of their differences in purchasing power, a big advantage for companies from these countries as they can have a profitable deal working with companies from Malta, while still having the safety and warranty of making deals with other European countries, with all the advantages that this has.

What Should Somebody Be Aware of When Working With IT Companies From Malta?

Due to the offshore nature of Malta, it is very difficult to make deals with local banks, because they are used to being suspicious about anyone, since the country is a prime target for money laundering. This is something that has to be pointed out.

Another thing that needs to be pointed out is that Bureaucracy can be strong sometimes, coming from any country in Europe. It can take up to 6 months to get a bank account opened for a company and 2-3 months to do the paperwork for establishing a company in Malta.

Another point that is important to talk about is that the unfortunate downsides of the relaxed lifestyle of Malta are that people often disregard other people’s time. In terms of business, this can mean companies requesting to meet in person, and not discussing through email or a call. Also, their personal culture makes them generally kind, but people from Malta tend to be really stubborn, this also can be applied in the business environment, if someone refuses a deal, it is better to try to suggest another option and not continue trying to convince because this can be found as bad education even if it is in a formal and good way.

It is important to point out that is difficult to establish a company in this country in terms of viability because the registration and maintenance fees in Malta are expensive, so it can be difficult to find maintain a company in this country without a big profit, that also means that the ones that you can find here are probably reliable, but we will talk about this in the following section.

It is difficult to find bad points for working with companies from Malta, but here we tried to do a brief resume of the most significant ones.

How Reliable Are IT Companies From Malta?

Companies from Malta are generally very reliable for the following reasons: They are under the law and European agreements like the other European countries that are in the European Union, it is expensive to maintain a company in Malta for the registration and maintenance fees, so the company needs to be especially profitable to keep working and earning money, there’s a long process for registering a company in Malta, especially with the banks, because of their nature as an offshore country many people try to use it as a money laundering, so they will look suspicious at everyone trying to do some process with a bank in Malta.

Also, Malta has the same law as the other countries of the EU, so cybercrime has its punishments, making it safer for companies from outside of Malta to work with them and know that everything will go well. Other crimes are very small in percentage, so we can say that Malta is a safe country, but there’s a problem with corruption that needs to be pointed out.

How is the IT Industry in Malta in Relation to the Neighboring Regions/Countries?

Malta is surrounded by Italy in the north, Tunisia and Libya in the south. We will talk about this country’s IT industry.

To start with the north, Italy has the fourth-largest market for IT in Europe, but it still suffers from structural problems, and this industry in Italy it’s not as big as in other countries in Europe. It is not a really mature market, but still the fourth largest in Europe.

Tunisia has been growing in this sector according to the National Computer Center, and it has over 1,300 IT companies. In the data from 2024, the market of this country is still small, but it is growing within its capacities. There is not much data about Libya because the country’s situation is quite unstable due to a civil war going on since the 2010s.

Tech Industry in Malta in 2025

In 2022, the main government’s focus for tech development was to build bridges between the local workforce and foreign tech companies and entrepreneurs through a government-led initiative. Challenges remained, like the shortage of skilled professionals able to enroll in the industry and provide consistent results. In 2025, Malta’s tech industry is flourishing with major investment from the government in AI and blockchain, and contributing 7% to the country’s GDP.

Conclusion

Malta’s companies are a good choice for outsourcing services and products because of their balance between prices, profitability, and safety for a business, which is difficult to find in countries outside of Europe with the same balance. Even if it has its weak points, these were difficult to find because this is a good destination for outsourcing services and products, and taking advantage of its strong and good points, such as taxation.

Also, it is needed to look for the best practices of this island and its particular way of being to carry on successful business deals.

Blockchain Service gives companies the ability to develop, host, and use their own blockchain apps, smart contracts, and other features on the blockchain infrastructure built by a vendor via cloud-based solutions.

Blockchain is one of the most rapidly evolving IT technologies. There are over 83 Million blockchain wallet users worldwide, according to Buy Bitcoin Worldwide report.

Blockchain boosts business competitiveness without investing in research, planning, or infrastructure and the advantages to choose blockchain service providers for your company are: 

• Improved safety
• Increased accountability
• Real-time tracking
• Automation
• Enhanced productivity

It's not simple to pick the best blockchain service providers to deal with. There are several things to think about:

• Location
• Price
• Team size
• Previous experience
• Turnover time
• Communication means

Blockchain technology solves urgent problems in a variety of industries, including healthcare, logistics, manufacturing, and information technology. Businesses across a range of sectors may undergo substantial transformations by combining blockchain with disruptive technologies like AI, Big Data, and Cloud.

There are almost 1,900 blockchain service providers on our platform which offer a wide variety of solutions that will enhance your ecosystem's scalability, security, and transparency. Explore their profiles and feel free to get in touch with them.

Is Blockchain Still a Trend?

Blockchain was initially created for Bitcoin, but in recent years it serves other purposes beyond cryptocurrency. It has the capabilities to provide increased safety, and minimize fraud. The security and transparency are ensured because every transaction in the Blockchain industry is grouped into blocks, then they are connected into a secure chain, creating a tamper-proof record. 

The Blockchain industry has applications in multiple areas like cryptocurrency, asset management, IoT, cross-border payments, and more. Additionally, it has the potential to define the world of tech through its:

• Interoperability and cross-chain solution

• Decentralized Finance (DeFi) 

• NFTs in intellectual property 

• Sustainability & green blockchain

• Integration with IoT

Blockchain applications have prioritized personal privacy, made it possible for smart contracts, the integration of IoT, and can be leveraged by the government, showing its potential for the future tech world.

What is a Blockchain Developer?

A Blockchain Developer is a software developer who works with Blockchain technologies for programming, developing, and testing software and systems. There are two main types of Blockchain Developers:

• Core Blockchain Developer - develops and maintains the architecture of Blockchain systems

• Blockchain Software Developer - builds applications onto existing Blockchain platforms

Some of the responsibilities of of a Blockchain Developer are:

• Keeps the data related to digital transactions secure

• Uses programming languages for building applications

• Works in the development and deployment of smart contracts

• Engages in the design and creation of Blockchain network architecture

• Troubleshot the issues in the Blockchain network

What is the Cost of Hiring Blockchain Developers in Different Countries?

The cost is dependent on the country, in Europe for example expect to pay at least $30-70 / hour for blockchain development services. TechBehemoths lists hundreds of blockchain development companies from all over the world. You can easily filter the companies by price or region.

The hourly rate it’s just one criterion to keep in mind when you look for a blockchain service provider for your business needs. There are many other aspects to consider like company location, services, team size, portfolio, etc.

TechBehmoths has an advanced matching system to help you find the right blockchain service provider for your projects.