News

01
Jun, 2015

OECD releases discussion draft on BEPS Action 8 (CCAs)

On April 29, 2015, OECD released a discussion draft under the BEPS (Base Erosion and Profit Shifting) project, more specifically concerning the Action 8 (Assure that transfer pricing outcome ...

Read More
01
Jun, 2015

OECD releases discussion draft on BEPS Action 11

On April 16, 2015, OECD released a discussion draft under the BEPS (Base Erosion and Profit Shifting) project, more specifically concerning Action 11 (Establish methodologies to collect and ...

Read More
27
May, 2015

New IRD Guidelines on the transfer of an individual’s residence

The Maltese Inland Revenue Department has issued a guideline on the amendment to Article 5(5)(c) of the Income Tax Act made through Act XIII of 2015 This provision introduced some limitatio ...

Read More
18
May, 2015

The Budget Measures Implementation Act 2015

Following the presentation of the Budget by the Minister for Finance back in November of last year, the Budget Measures Implementation Act XIII has on the 30th of April 2015 been enacted by ...

Read More
23
Mar, 2015

EC presents Tax Transparency Package against tax avoidance

The European Commission recently presented a package of tax transparency measures as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU. A k ...

Read More
23
Feb, 2015

Stephen Balzan Tax Partner ACT interviewed by Gold Magazine

In January of this year, Stephen Balzan, Tax Partner of ACT was interviewed by Gold Magazine during the Annual General Assembly held by EuropeFides in Nicosia Cyprus.  Gold Magazine, wh ...

Read More
06
Feb, 2015

ACT represented at the ICE Totally Gaming Fair 2015 in London

Stephen Balzan and Denitza Dimitrova attended the ICE Totally Gaming Fair which took place in London from the 3rd to the 5th February 2015.  For more information on the services we prov ...

Read More
28
Jan, 2015

Stephen Balzan Tax Partner of ACT becomes President of EuropeFides

After the General Assembly of EuropeFides held in Nicosia Cyprus on the 23rd and 24th January 2015, Stephen Balzan Tax Partner of ACT started his one year term as President of EuropeFides.&n ...

Read More
28
Jan, 2015

OECD / BEPS : OECD releases discussion drafts on BEPS Actions 4 and 14

OECD has released two more discussion drafts under the BEPS (Base Erosion and Profit Shifting) project, this time concerning Action 4 (Make dispute resolution mechanisms more effective) and ...

Read More
16
Jan, 2015

Aircraft Registration Act – Consultation Document

In December 2014, Transport Malta issued a Consultation Document for a public consultation to be carried out regarding amendments which are being proposed to the Aircraft Registration Act (C ...

Read More
14
Jan, 2015

MFSA issues new rules under the Retirement Pensions Act 2011

On the 7th January 2015, the Malta Financial Services Authority issued new Rules and Regulations under the Retirement Pensions Act.  These will have effect as from 1st January 2015. Th ...

Read More
05
Jan, 2015

EU Commission to propose directive for automatic EOI regarding tax rulings

European Commission president Jean-Claude Juncker has stated that the Commission plans to propose a new directive regarding the automatic exchange of information on tax rulings between EU co ...

Read More
05
Jan, 2015

Bad debt relief claims

The Maltese VAT Department has in November 2014 issued guidelines with respect to the conditions which would need to be met by persons registered under Article 10 of the VAT Act to successfu ...

Read More
05
Jan, 2015

Changes to the rules in respect of the taxation of employment income

Changes to the rules in respect of the taxation of employment income derived by individuals employed in the development of innovative and creative products The Principal Rules By means of ...

Read More
05
Jan, 2015

Calculation of the value of immovable property for stamp duty purposes

The introduction of the Duty on Documents and Transfers (Amendment) Rules of 2014 brought about a number of changes to the Duty on Document and Transfers Act in particular on the manner in w ...

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