Malta has over the past year attracted a number of expatriates to work in Malta, both nationals of one of the EU member states as well as third-country nationals. Some of the expatriates are digital nomads who have been attracted by Malta’s lifestyle and climate as...
On the 6th April 2022, the Financial Intelligence Analysis Unit (‘FIAU’) has issued a guidance note entitled ‘Common issues related to the role of a Money Laundering Reporting Officer’. The purpose of this Guidance Note is to provide additional...
Who is eligible? Third country nationals;Anyone who can prove he can work remotely;Anyone in receipt of a gross monthly income of EUR 2,700 (minimum)[1] Proofs required for application Applicants may either be working for an employer who is registered in a...
The European Commission has on the 22nd December 2021 proposed a directive, the main aim of which is to increase scrutiny for EU undertakings with no or minimal substantial presence and real economic activity (referred to as ‘shell companies’) to prevent them from...
By means of Act No. VII of 2022, the Government of Malta has on the 8th February 2022, published the necessary measures which were originally announced in the Malta Budget Speech for the year 2022. The measures come into force on the 1st January 2022,...
On the 26 October 2021, Maltese Parliament enacted Act LX of 2021, which includes a number of amendments to the Companies Act. Such amendments are aimed at enhancing transparency of information concerning directors and shareholders of companies registered in...
The Government of Malta has recently published Bill No. 233 which proposes a number of amendments to the Companies Act (Chapter 386 of the Laws of Malta). We have summarised below the main amendments which we can find in the Bill: Documents required to be delivered to...