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Read all about ACT and relevant news from advisory, corporate, tax and other related services.
The Malta tax office launches the Large Taxpayer Office
The Malta Tax and Customs Administration (MTCA) has announced the establishment of the Large Taxpayer Office (LTO). This new unit within the MTCA is designed to provide a specialised, holistic service to entities and individuals who meet specific eligibility criteria....
Update of the Guidelines on Automatic Exchange of Financial Account Information (DAC 2)
The MTCA has notified on its website that updated DAC 2 Guidelines have been issued. Version 4.7 of the DAC 2 Guidelines can be found on the MTCA portal. You may also wish to contact us on [email protected] for more information.
EU Court to rule on Commission vs Malta (Case-181/23 – Citizenship by Investment) by April 29, 2025
The Court of Justice of the European Union (CJEU) has announced the date for its ruling in the EU Commission’s infringement proceedings against Malta’s Citizenship by Investment framework. The date is : April 29, 2025. Malta’s Citizenship by Investment programme...
ACT to provide audit and assurance services
We are pleased to announce and inform our clients that ACT has been granted authorisation by the Malta Accountancy Board to provide audit and assurance services. Thus we are now independent external auditors officially registered in Malta. Audits of financial...
Tax deadlines for the month of February 2025
The following are the tax deadlines for this month. 15th February 2025 – Submission of VAT returns together with the relative payment in respect of the quarter ending December 2024 15th February 2025 – Submission by employers of Forms FS 3 and 7 for the calendar year...
Tax deadlines for the month of January 2025
The following are the tax deadlines for this month. 15th January 2025 – Submission of VAT returns together with the relative payment in respect of the quarter ending November 2024 31st January 2025 – Submission by employers of Form FS5 for the month of December 2024...
Office closure
Please note that our offices will be closed for our well-deserved Christmas break during the period from Tuesday 24th December 2024 to Friday 3rd January 2025 (both days inclusive). For any urgent matters, please send an email to [email protected]. We will return back...
Christmas lunch – 12th December 2024
Please note that our offices will be closed on the 12th December 2024 due to our Christmas lunch. For any urgent matters, please send an email to [email protected]. We will return back to the office on Monday 16th December 2024 since Friday 13th December 2024 is a...
Duty on donations of marketable securities and immovable property used for business
By means of Legal Notice 325 of 2024, the Government has amended the Duty on Donations of Marketable Securities and Immovable Property used for Business (Exemption) Order, by virtue of which a reduced rate of duty is applied on the transfer by gratuitous title of...
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.