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Revised Tax Refund Claim Application Form

Revised Tax Refund Claim Application Form

A revised refund claim application form relative to refunds claimed in terms of Article 48(4) and 48(4A) of the Income Tax Management Act, will be circulated shortly. Such revised application form will be the only valid application accepted as from 1 June...

CFR Notice – Disclosure of Beneficial Owners

CFR Notice – Disclosure of Beneficial Owners

Further to the changes relative to the beneficial ownership register brought about by the 5th AML Directive), transposed into Maltese legislation by means of Legal Notice 26 of 2020 (Prevention of Money Laundering and Funding of Terrorism (Amendment) Regulations,...

Amendments to the Commissioner for Revenue Act

Amendments to the Commissioner for Revenue Act

A document that is certified by the Commissioner, or by a person authorised by him for this purpose, as being a true reproduction of an electronic copy, prepared by or under the authority of the Commissioner, that was furnished to or issued by the Commissioner, will...

COVID-19 – Social Measures

COVID-19 – Social Measures

Further information in relation to Additional Unemployment Benefits, Parent Benefits and Persons with Disability Benefits, which have been announced by the Government last week, are now available on the website of the Social Security.  The social measures announced so...

COVID-19 – Extended deadlines for Teleworking Activities Schemes

COVID-19 – Extended deadlines for Teleworking Activities Schemes

Malta Enterprise has extended the call for the Facilitation of the Teleworking Activities from 31st March 2020 to Friday, 8th May 2020. The grant will be awarded against 45% of the eligible cost which must be incurred after 15th February, 2020.  This call supports...

COVID-19 – Mandatory Quarantine Leave

COVID-19 – Mandatory Quarantine Leave

The online applications for the €350 grant to employers for each employee on mandatory quarantine leave have been published on the website of Malta Enterprise (ME). In processing this application form, Malta Enterprise may request further information and documentation...

COVID-19: Tax Payment Deferral Scheme Application Form

COVID-19: Tax Payment Deferral Scheme Application Form

After a number of fiscal support measures were announced, intended to aid businesses that are negatively impacted by the COVID-19 outbreak, the online application form through which companies and self-employed persons can apply for the postponement of certain taxes...

COVID-19: Facilitation of Teleworking Activities

COVID-19: Facilitation of Teleworking Activities

After a number of fiscal support measures were announced, intended to aid employers and self-employed persons that are negatively impacted by the COVID-19 outbreak, the application form for businesses to receive a grant with respect to costs incurred by them during...

COVID – 19 – Teleworking Grant Scheme

COVID – 19 – Teleworking Grant Scheme

On the 16th March 2020, Malta Enterprise issued new Guidelines under the Business Development and Continuity Scheme to facilitate the possibility for employers to provide teleworking arrangements to their employees who can work remotely from their residence. The...

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

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.

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.

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 have contributed to this success, e.g. fiscal incentives granted.

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.

Initial Coin Offering (ICO) Services in Malta

Malta has always been on the forefront of technology and innovation. A number of initiatives have been launched, aimed at establishing an innovative and attractive regulatory framework for entities operating in the blockchain industry.

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.

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 in an efficient way and to assist in the transfer of business from one generation to the other.