Articles & Publications

An ACT to implement the Budget Measures for the financial year 2021

The Malta Government has on the 16th April 2021, by means of ACT XVIII of 2021 published and enacted a new Act which will be implementing the budget measures for the year 2021.  The budget measures  were announced by the Minister of Finance in his...

The Malta Permanent Residence Program (MPRP)

By virtue of Legal Notice 122 of 2021, the Residency Malta Agency (RMA) has issued the MPRP guidelines and application forms which provide international investors with the right to take up permanent residency in Malta on the basis of investment. These rights will...

Investment Aid 2021 Regulations

The Investment Aid 2021 Regulations, introduced by L.N. 156 of 2021, provide assistance in the form of tax credit or a cash grant to qualifying undertakings. The aim of the scheme is to encourage the setting up of new establishments and the expansion and development...
Business Re-Engineering Scheme

Business Re-Engineering Scheme

The business re-engineering scheme aims to assist businesses, specifically small and medium–sized enterprises, in making key changes in the way they operate in order to address the challenges which have been brought along by the pandemic. It applies to businesses who...

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Amendments to Stamp Duty Regulations

Amendments to Stamp Duty Regulations

Following the Budget Speech by the Minister of Finance last month, a new legal notice L.N.427 of 2020 has been introduced, bringing into effect the following changes and extensions to the current stamp duty regulations.  Second Time Buyers Scheme  The stamp duty...

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The Budget Measures Implementation Act 2021

The Budget Measures Implementation Act 2021

Following last week’s budget speech for the year 2021, the Government has published the bill which will implement the budget measures for next year.  The following are the salient income tax and stamp duty measures which are being proposed in this bill....

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Malta Budget 2021

Malta Budget 2021

On the 19th of October 2020, Minister of Finance Hon. Prof. Edward Scicluna presented the Budget for 2021 to the House of Representatives. The following are the main highlights of the said budget. Tax implications on the transfer of Immovable Property The reduced rate...

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