by Stephen Balzan | Nov 6, 2023 | News
The Minister of Finance has in his Budget Speech for the year 2024 announced that: The reduced rate of stamp duty of 1.5% applicable to certain transfers of family businesses to descendants has been extended. Family business registered with the Family Business Office...
by Stephen Balzan | Jan 16, 2017 | Articles & Publications
Introduction to Family Business Support Services This measure is intended to support the development of Family Businesses in building internal capacities and supporting them in the transfer of their business activity. The support provides advisory during...
by Stephen Balzan | Jan 16, 2017 | Articles & Publications
Family Business Act Introduction By means of ACT No. XLVIII of 2016, the Parliament of Malta has enacted the Family Business Act with the following aims in mind: To encourage the regulation of family businesses and their governance;To assist in the transfer of family...
by Stephen Balzan | Jan 16, 2017 | Articles & Publications
Introduction on Family Business Transfer of Ownership Incentive The purpose of the incentive is to assist and facilitate family businesses to transfer their business from one generation to the next by providing benefits including governance and fiscal benefits for the...