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tAX AdvisorY sERVICES

 

ACT is a well-known and respected boutique tax advisory firm providing high-quality tax advice to Multinational Enterprises, Small and Medium Sized Enterprises including family owned and other owner-manged companies, family offices, trusts, foundations, employees and high net worth individuals.  Our tax team is experienced in an extensive list of tax issues and is able to provide tax advisory services on highly sensitive tax issues.

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The firm as well as members of the tax team are members of a number of local and foreign institutions such as the Malta Institute of Accountants, The Institute of Financial Services Practitioners, STEP, The International Fiscal Association, The Malta Institute of Taxation and Finance Malta amongst others.  Stephen Balzan, who is the firm’s tax partner has been actively involved in taxation since 1995, advising clients on various local and cross-border tax issues.  He delivered a number of seminars on various tax issues as well as represented ACT in various international events.  He has also in the past delivered a number of lectures on taxation to students studying for their ACCA qualification and their Advanced Diploma in  International Taxation.

The firm’s staff are multi-lingual and can speak various languages including Maltese, English, Italian, Swedish, Greek, Chinese, Russian and Ukrainian amongst others.

The firm is in a position to provide tax advisory services on a number of different tax aspects, including:

 

  • Employment income including fringe benefits such as share option schemes
  • Tax deductions
  • Tax exemptions
  • Capital gains on the transfer of immovable property, securities and other assets including intellectual property
  • Transfer pricing issues
  • Notional interest deductions
  • Malta’s Double Taxation Treaty Network and other forms of relief from double taxation
  • Re-organisations including mergers and divisions
  • Tax consolidations
  • Remittance rules of taxation for both individuals and body corporates
  • Fiscal and other incentives granted by Malta Enterprise

For further information please contact the firm’s tax partner Stephen Balzan on [email protected]

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

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.

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.