News
Deduction (Embellishment Project) Rules, 2017
By means of LN 274 of 2017, the Government has issued new rules which provide for a additional deduction for income tax purposes in respect of expenditure incurred by a person carrying on a ...
Malta Budget 2018
The Minister of Finance has yesterday delivered the Budget for the year 2018. For our budget summary please click on Malta Budget 2018. For further information, please contact th ...
VAT reform towards a single EU VAT area
The European Commission has on the 4th October 2017 published a communication to the European Parliament, the Council and the European Economic and Social Committee on the “Follow-up t ...
Voluntary Occupational Pension Schemes
By means of LN 228 of 2017, entitled ‘Voluntary Occupational Pension Scheme Rules’, the Malta Government has launched a number of tax incentives for contributions paid to qualify ...
Announcement of Call 2 for the SME Growth Grant Scheme and the Start-up Investme...
The Measures and Support Division within the Ministry for European Affairs and Equality (MEAE), designated by the Managing Authority as the Intermediate Body responsible for administering ai ...
New tax benefits announced for employers, employees and the self-employed
The Government of Malta has announced incentives to encourage employers and employees to invest in voluntary private pensions. Employers will now get a maximum tax credit of €150 for e ...
Launch of an efficient and user-friendly licensee relationship management system...
The Malta Gaming Authority (MGA) has recently launched a new licensee relationship management system accessible through a secure and dedicated web portal. This project, which is t ...
Amendments to the Fringe Benefits Rules
By means of Legal Notice 205 of 2017, the Government of Malta has amended the rules relating to fringe benefits. Fringe benefit are benefits provided or deemed to be provided by reas ...
Malta’s new Gaming law – Consultation period extended
The Malta and Gaming Authority (MGA) has announced that it will be extending the consultation period on the White Paper proposing major reforms to Malta’s gaming legal framework. The c ...
Guidance Note issued by the IRD on the Taxation of Rental Income
The Inland Revenue Department has recently published some clarifications relating to the application of Article 31D of the ITA, providing for a reduced rate of tax on rental income. ...
Start-Up Finance 2017 – 2020
A new incentive was recently launched by Malta Enterprise targeting specifically Start-Ups in their early stages of development. The aim of this measure is to finance innovative under ...
MGA publishes White Paper proposing major reforms to Malta’s gaming laws
The Malta Gaming Authority (MGA) has published a White Paper proposing major reforms to Malta’s gaming legal framework. The existing legislation would be repealed and replaced by ...
Amendment to the Deduction (Income from Employment) Rules
By means of LN 188 of 2017, the Government has amended the above-mentioned rules. These rules provide for a deduction against employment income where an individual (including any spou ...
Amendment to the Duty on Transfers (Exemption) Order
By means of LN 187 of 2017, the Government has amended the above-mentioned Order. This Order provides for a reduced rate of stamp duty to a transfer inter vivos of immovable property ...
Revision of the Prevention of Money Laundering and Funding of Terrorism Regulati...
The Financial Intelligence Analysis Unit (“FIAU”) has on the 6th July 2017 issued a revised version of the Prevention of Money Laundering and Funding of Terrorism Regulations (&l ...
Corporate Taxation
in Malta
Maltese companies are subject to tax at the rate of 35% on their world wide income and capital gains. Malta grants various fiscal incentives to both companies and their shareholders upon distribution of a dividend. Malta is a membe...
Learn MoreSetting up a Company
in Malta
Setting up a company in Malta is a relatively straight forward procedure and can be set up within 2 working days, provided we are in receipt of all the information, funds and due diligence documentation we need. The Act that regulates Malte...
Learn MoreTaking up Residence
in Malta
Warm climate, friendly people, excellent communication infrastructures, low criminality and many other features of the Maltese islands have made Malta an excellent destination for people to take up residence in. Moreover low rates of taxati...
Learn MoreRemote Gaming
in Malta
Malta was the first EU Member State to specifically regulate the remote gaming industry in 2004 and has ever since established itself as one of the prime jurisdictions for remote gaming operators. The Malta Gaming Authority (“MGA”) is the regulatory of gaming in Malta. The success o...
Learn MorePayment Institutions
in Malta
Malta has become a destination of choice for the setting up of Payment Institutions (also referred to as Payment Services Providers or PSPs). A number of advantages has contributed to this success, mainly but not limited to the fiscal incentives granted not only to the payment institutions ...
Learn MoreElectronic Money Institutions
in Malta
Malta has recently seen an increase in the number of Electronic Money Institutions (EMIs) looking to set up their operations in Malta. This has been largely due to the growth in the e-commerce and the i-gaming industries. Such EMIs are regulated by the Financial Institutions Act and t...
Learn MoreInitial Coin Offering (ICO) Services
in Malta
Malta has always been on the forefront of technology and innovation. In the past months, a number of initiatives have been launched, aimed at establishing an innovative and attractive regulatory framework for entities operating in blockchain (and distributed ledger technologies), virtual cu...
Learn MoreProspects – Services of a Corporate Advisor
in Malta
‘Prospects’ is a new platform set up by the Malta Stock Exchange in line with its commitment to open up new capital market opportunities, create economies of scale and to afford businesses more competitiveness and sustainability. Through ‘Prospects’, SME’s wil...
Learn MoreAssistance to Family Businesses
in Malta
Malta has recently introduced legislation to encourage good governance in the management of family businesses, to assist family businesses to operate their business in an efficient way and to assist such family businesses to transfer their business from one generation to the other. Malta is...
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