News

04
May, 2016

Lower rate of tax on rental income

In terms of Article 31D of the Income Tax Act, any persons in receipt of rental income from a residential tenement (being a tenement that is used as a residence or a garage by an individual ...

Read More
03
May, 2016

New Aviation Leasing Guidelines issued by the VAT Department

The Malta VAT Department has issued new guidelines with respect to the VAT treatment of aircraft leasing.  The new guidelines replace the previous guidelines which were issued in Octobe ...

Read More
11
Apr, 2016

Student Internship Programme for Summer 2016

ACT is welcoming Accountancy University students who are ambitious and motivated to join our Student Internship Programme for summer 2016.  ACT would like to give such students the oppo ...

Read More
04
Apr, 2016

2018 General Assembly of EuropeFides to be held in Malta

ACT is pleased to announce that the Management Committee of EuropeFides have accepted our invitation to organize its Annual General Assembly of 2018 in Malta.  Dates have yet to be anno ...

Read More
28
Mar, 2016

Two New Tax Guidelines Immovable Property Settled on Trust

The Maltese Inland Revenue Department has recently published two Guidelines to clarify any restrictive interpretation which might have been given with respect to immovable property which wou ...

Read More
08
Mar, 2016

The Malta Residence and Visa Program (MRVP)

In February 2016, Identity Malta Agency issued the MRVP guidelines and application forms which provide international investors with the right to take up residency in Malta indefinitely. ...

Read More
11
Feb, 2016

The European Commission releases proposed anti-tax avoidance package

On 28 January 2016, the European Commission released an anti-tax avoidance package that contains proposed measures to prevent aggressive tax planning, boost tax transparency and create a lev ...

Read More
19
Jan, 2016

Intax Expo Global Summit 2016

ACT is proud to announce its participation as a sponsor in the upcoming Intax Expo Global Summit 2016, to be held on the 14th and 15th of March 2016 in Dubai. Mr Stephen Balzan, the firm&rs ...

Read More
21
Dec, 2015

Notice of office closure

ACT would like to inform their esteemed clientele that their offices will be closed as follows during the festive season: From Wednesday 23rd December (afternoon) to Friday 1st January 2016 ...

Read More
11
Dec, 2015

Cross border tax rulings

On 6 October 2015, the EU Council reached a political agreement on a directive aimed at improving transparency in the assurances given by member states to companies about how their taxes are ...

Read More
11
Dec, 2015

Malta and Curacao sign double tax agreement

The Maltese Ministry of Finance announced that Malta and Curaçao signed a Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion wit ...

Read More
01
Dec, 2015

The Tax Challenges of the Digital Economy

In the coming months, the tax department of ACT will be writing weekly articles on the tax challenges of the digital economy.  These weekly short articles (not more than 400 words) will ...

Read More
25
Nov, 2015

Business START

Malta Enterprise Corporation (ME) has recently launched a new scheme: Business START.  This scheme is  aimed at assisting micro start-up undertakings that carry on an eligible acti ...

Read More
13
Nov, 2015

New treaty in force with Mauritius

By virtue of Legal Notice 362 of 2015, it has been established that the Agreement between the Government of Malta and the Government of the Republic of Mauritius for the Avoidance of Double ...

Read More
12
Nov, 2015

Savings Directive repealed

The directive (2003/48/EC), which since 2005 has allowed tax administrations better access to information on private savers, was repealed on 10 November 2015 by the EU Council. Repeal o ...

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