Information

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.

The success of the gaming industry is reflected by the fact that gaming has become a major contributor to the island’s Gross Domestic Product and most of the biggest players in the industry have MGA licenses or a presence in Malta.

In August 2018, the gaming’s regulatory regime was overhauled with the coming into force of the new Gaming Act, Chapter 583 of the Law’s of Malta and a number of directives that supplement the said Act.

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One of the most important changes brought by the new laws relate to the streamlining of the different types of licenses that can be obtained, into two (2) main types of gaming licenses, specifically:

  • A B2B gaming license (referred in the law as a Critical Gaming Supply license) and

  • A B2C gaming license (referred in the law as a Gaming Supply license).

The new license classification makes it easier for B2C operators to provide additional games and services, without the need of obtaining multiple licenses. Furthermore, certain services such as player identification services, risk management services and co-location service providers are deemed to be providing Material Games Supplies and must hold a Material Gaming Supply certificate duly issued by the MGA.

We act for different type of players in the industry, ranging from software providers, games developers, hosting companies, key functionaries and license holders. 

How can we help?

We offer a wide range of consultancy, tax, compliance and accountancy services to assist you throughout in each step of the application process. Our multi-disciplinary team of professionals will not only assist you during pre-licensing process but will be able to provide you with the on-going support you may need with respect to regulatory compliance, accounting and tax matters.

For further information please contact the firm’s tax and corporate services partner Stephen Balzan ([email protected]).

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.