News

MBR GUIDANCE ON REGISTER OF BENEFICIAL OWNERS OF COMMERCIAL PARTNERSHIPS

The Malta Business Registry (MBR) has on the 5th October 2020, published new guidance on the Register of Beneficial Owners of Commercial Partnerships. The guidance provide an overview of the requirements in terms of the Companies Act (Register of Beneficial Owners)...

EXPLANATORY NOTES PUBLISHED BY THE EU COMMISSION ON THE NEW VAT E-COMMERCE RULES

On the 30th of September 2020, the European Commission has published explanatory notes on the new VAT e-commerce rules. The notes are intended to provide an explanation of the amendments to the legislation which will be applicable as from the 1st July 2021. They...

Commissioner for Revenue publishes new guidelines on the ATAD Implementation Regulations

On 31 August 2020, the Commissioner for Revenue published a set of guidelines in relation to the Anti-Tax Avoidance Implementation Regulations.  The guidelines on the ATAD Implementation Regulations were issued in line with the provisions of article 96(2) of the...
Electricity Bill Refund

Electricity Bill Refund

On the 27th August 2020, Malta Enterprise has launched the Electricity Bill Refund Scheme whereby businesses eligible for the Wage Supplement Scheme can now benefit from an assistance of 50% of the electrical power bills for the months of July, August and September...

read more
FSS Forms – Updated

FSS Forms – Updated

The Office of the CfR has announced that the FSS forms have been updated to reflect changes brought about by the Tax on Overtime Rules and the Covid19 Wage Supplement. The revised forms can be downloaded from here. Guidance on the rules and changes can be downloaded...

read more
Foreign Direct Investment (FDI) in Malta

Foreign Direct Investment (FDI) in Malta

FDI contributes to the EU’s growth by enhancing its competitiveness, creating jobs and economies of scale, bringing in capital, technologies, innovation, expertise, and by opening new markets for the EU’s exports.  The EU has thus felt the need to address and...

read more