News 

Latest News

Read all about ACT and relevant news from advisory, corporate, tax and other related services.

Gozo Teleworking Scheme

Gozo Teleworking Scheme

A teleworking scheme for individuals residing in Gozo and who work for the private sector from home has been launched on the 25th of May 2020. The purpose of the new financial aid measure is to encourage Malta based businesses to offer teleworking facilities for...

COVID-19 Wage Supplement for May

COVID-19 Wage Supplement for May

Businesses who wish to apply for the COVID-19 wage supplement for the month of May, are being requested to do so by the end of this week. Although no particular deadline for submission is set on Malta Enterprise’s website, it is stated that ‘Applications submitted as...

Rent Subsidy 2020 Scheme launched

Rent Subsidy 2020 Scheme launched

After the publication of the Rent Subsidy Regulations, Malta Enterprise has now launched a Rent Subsidy 2020 Scheme. The scheme assists limited liability companies, Co-operatives and self-employed individuals that require industrial space to commence a new...

Rent Subsidy Regulations published

Rent Subsidy Regulations published

By means of Legal Notice 187 of 2020, the Government of Malta has published new Rent Subsidy Regulations, which came into effect on 1st February 2020. The Regulations provide for subsidy assistance to eligible undertakings requiring support to rent industrial...

Teleworking Activities Scheme to be phased out

Teleworking Activities Scheme to be phased out

The Teleworking Activities Scheme will not be extended beyond the 8th May 2020. Malta Enterprise has announced that such measure, that has been aimed at facilitating teleworking activities due to COVID-19, will be phased out on the said date. This deadline...

Tax Credit (Construction Waste Recycling)

Tax Credit (Construction Waste Recycling)

The Government of Malta has by means of Legal Notice 179 of 2020 issued new rules granting a tax credit to authorised persons who are in possession of a permit issued by the Environment and Resources Authority for the acceptance in their quarry of construction and...

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.