News

20
Oct, 2016

Stamp duty measures announced in the Budget Speech for 2017

During the budget speech for the year 2017, the Maltese Minister for Finance has last Monday announced a number of measures related to Duty on Documents and Transfers.  These are: ...

Read More
19
Oct, 2016

Tax incentives for Malta employers and pensioners

During the budget speech for the year 2017, the Maltese Minister for Finance has last Monday announced that a number of fiscal incentives will be introduced for employers who wish to contrib ...

Read More
18
Oct, 2016

Malta Budget 2017

The Minister of Finance has yesterday delivered the Budget for the year 2017.  For our budget summary please click on Malta Budget 2017.  For further information, please cont ...

Read More
17
Oct, 2016

Fantasy Sports

In terms of Legal Notice 271 of 2016, the Malta Gaming Authority (MGA) has exempted fantasy sports games operators from the requirement to obtain a license.  The new LN was issued on th ...

Read More
17
Oct, 2016

ACT participates in SME Week 2016

ACT is proud to have been part of the SME Week 2016.   ACT was invited to deliver a presentation during a seminar held in Gozo on Friday 14th October 2016 at the Hotel Calyps ...

Read More
13
Oct, 2016

The Payment Services Directive II (PSDII)

Directive 2015/2366 on payment services in the internal market, repeals Directive 2007/64/EC on payment services in the internal market (PSD I).  The principal aim of PSD I, adopted in ...

Read More
07
Oct, 2016

Increased interest in Malta by Payment and EMIs following Brexit

The outcome of the recent UK EU membership referendum has created a major concern for Payment and Electronic Money Institutions established in the UK.  The major concern lies in the fa ...

Read More
04
Oct, 2016

EU adopts Directive on VAT treatment of vouchers

On 27 June 2016, the Council of the EU announced that it has adopted a Directive on the VAT treatment of vouchers.  The Directive is aimed at clarifying and harmonizing the EU rules on ...

Read More
12
Sep, 2016

ACT sets up a new office in Gozo

We are pleased to inform our esteemed clients that on 1st September 2016, ACT has set up a new office in Gozo. The new office is situated at Baron Court Block A, Karlu Galea Street Victoria ...

Read More
09
Sep, 2016

ACT to participate in four events in the CIS region

Following the success ACT had in the CIS region with new clients for the Maltese Citizenship and Residence programs, ACT is pleased to announce that in collaboration with one of its sister c ...

Read More
29
Aug, 2016

OECD releases discussion draft on branch mismatch structures

On the 22nd August 2016, the OECD released a discussion draft on branch mismatch structures (BEPS Action 2).  The report on BEPS Action 2 (Neutralising the Effects of Hybrids Mismatch A ...

Read More
29
Aug, 2016

Commutation of Recognised Pensions

LN 262 of 2016 refers to the exemption from income tax applicable to the commutations of pensions.  Rule 3 of the said LN prescribes that the total amount of capital sum received by wa ...

Read More
29
Aug, 2016

Amendments to the Pharmacy Of Your Choice (POYC) Rules

By means of LN 283 of 2016, the purview of the POYC rules will with effect from year of assessment 2017 be also applicable to any person carrying on a business through a pharmacy outlet who ...

Read More
23
Aug, 2016

Double Taxation Agreement with Viet Nam published

By means of Legal Notice 286 of 2016, the Government of Malta has published the double taxation agreement for the avoidance of double taxation and the prevention of fiscal evasion with respe ...

Read More
13
Jul, 2016

OECD releases a discussion draft on the Group Ratio Rule (BEPS Action 4)

On July 11, 2016, the OECD released a discussion draft on elements of the design and operation of the Group Ratio Rule with respect to interest deduction limitations. The final version of t ...

Read More

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 More

Setting 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 More

Taking 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 More

Remote 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 More

Payment 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 More

Electronic 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 More

Initial 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 More

Prospects 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 More

Assistance 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...

Learn More

Members of