Articles & Publications
Latest Articles & Publications
Read all about the latest articles related to advisory, corporate, tax and other important topics.
Transfer Pricing Rules
By means of LN 284 of 2022, the Government of Malta has published the Transfer Pricing Rules (hereinafter referred to as ‘the rules’) which will be effective as from 1st January 2024. Applicability of the Rules With effect from this date, in ascertaining the...
High Risk Jurisdictions – Updated List
The Financial Action Task Force (FATF), also known as the Global Anti-Money Laundering watchdog, updates its list of high-risk and other monitored jurisdictions which are considered to have weak AML-CFT regimes. This is done three times a year (February, June and...
Startup Residence Programme
Eligibility and Requirements Further to the recent launch of the Startup Residence Programme, the following is a list of the eligibility criteria which need to be satisfied by the applicant, who is required to: have a serious intention to setup/expand business in...
Government-appointed committee aims to reduce bureaucracy for businesses
The Cabinet has approved the formation of a steering committee that will oversee the implementation of budget measures aimed at reducing bureaucracy for businesses. The committee would be tasked with implementing three key budget measures Making it easier...
New Schemes for tourism operators in Gozo
The Ministry for Gozo has recently launched two new schemes as an incentive for the tourism industry in Gozo. Scheme one – Supporting Marketing Initiatives for specific niche tourism markets in Gozo 2022 The business entities eligible to benefit from this scheme can...
Capital allowances on Industrial Buildings or Structures
Article 2 of the Income Tax Act (Cap. 123 of the Laws of Malta), hereinafter referred to as ‘the ITA’ states that an "industrial building or structure" includes a building used as a hotel or a car park or offices, as may be prescribed. A hotel includes any number of...
Assignment of a lease agreement of immovable property – Income tax, stamp duty and VAT implications
Businesses operating an establishment in Malta, held by a title of lease may assign their lease agreement to a third party for consideration. What are the income tax, stamp duty and VAR implications contemplated by the Income Tax Act (Cap. 123 of the Laws of Malta),...
The Debt Equity Bias Reduction Allowance (DEBRA)
On 11 May 2022, the European Commission published a Directive proposal to tackle the tax bias in favour of debt funding. The proposal includes both a notional deduction on growth in equity and an additional limitation on interest deduction for corporate income tax...
Malta Digital Nomads
A Digital Nomad is a person who can work remotely and who regularly travels to different locations. Modern technology is so important for them as this allows them to work from different locations around the world. Malta has 5G nationwide coverage. Digital nomads...
TAX ADVISORY sERVICES
ACT is a well-known and respected boutique tax advisory firm providing high-quality tax advice to Multinational Enterprises, SMEs including family owned and other owner-manged companies, family offices, trusts, foundations, employees and high net worth individuals.
Corporate Taxation in Malta
Maltese companies are subject to tax at the rate of 35% on their worldwide income and capital gains. Malta grants various fiscal incentives to both companies and their shareholders upon the distribution of a dividend.
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.
Taking up Residence in Malta
Remote Gaming in Malta
Payment Institutions in Malta
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.