News

04
Jul

Family Business Act

No Tags | Uncategorized | No Comments on Family Business Act

‘’You don’t own it. You’re just watching it, guarding it, nurturing it, to hand it over to the next generation in as good a condition as possible’’ Patek Philippe Family businesses are an indispensible asset for Malta’s economy, generating economic growth and employment. However, the succession of family businesses may become a bone of contention. Statistics show that 80% […]

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13
Jun

Tutta Fuffa e Niente Arrosto

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Further to the supposed revelations of the Malta Files, an interesting article which appeared in the Italian news portal  Mercati 24 tackled and commented upon the issue. The link to the article is this : https://www.mercati24.com/malta-files-tutta-fuffa-e-niente-arrosto/ Hereunder is a brief summary of the main gist of this article : An international group of media outlets began publishing stories about […]

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13
Jun

Malta: A Start-Up Heaven

No Tags | EU | No Comments on Malta: A Start-Up Heaven

With Malta’s central position in the Mediterranean and the United Kingdom’s Brexit procedures soon to be implemented, the time is just right for Malta to gain traction and rank as a possible relocation destination for those UK start-ups and companies which are searching for stability and also a secure point of entry into the European market. A report https://ec.europa.eu/info/sites/info/files/ecfin_forecast_spring_110517_mt_en.pdf)  […]

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20
Apr

Junior Chamber of Advocates Seminar

| Law | No Comments on Junior Chamber of Advocates Seminar

On the 7th April 2017 the Junior Chamber of Advocates organised a seminar for its members. The seminar was held at the Conference Room of the Chamber of Advocates and its aim was to address students in the practical application of the principles of substantive Criminal Law in so far as Crimes against the Person are concerned.   Dr. […]

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07
Apr

EU Council Directive 2014/107/EU latest version – IRD Malta

· | EU · Tax | No Comments on EU Council Directive 2014/107/EU latest version – IRD Malta

The Commissioner for Inland Revenue Malta has recently issued the latest version of guidelines for the implementation of the EU Council Directive 2014/107/EU of 9 December 2014 amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation (DAC2) in Malta and the Common Reporting Standard (CRS) issued in terms of Article 96(2) of the […]

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06
Mar

Double Tax Treaties – Malta

| Tax | No Comments on Double Tax Treaties – Malta

Throughout the years Malta has succeeded to conclude a number of double tax treaties with important trading partners as well as with emerging countries. These bilateral agreements represent a solution to the issues concerning double taxation of passive and active income.   Below is a list of the current tax treaties in force:   Country Name Taxation Treaties In […]

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21
Feb

Malta is one of the top favourite destinations for retirement

· | Expats · Retirement | No Comments on Malta is one of the top favourite destinations for retirement

  Malta is one of the top favourite destinations for retirement.  According to the global expat network InterNations, Malta’s Mediterranean climate, the quality of life and safety that it offers and also its financial stability attract senior citizen to spend their retirement in Malta.  In fact more than one fourth of the expat population living in Malta carry a […]

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20
Feb

The powerful Maltese passport – Ninth worldwide

| Passport | No Comments on The powerful Maltese passport – Ninth worldwide

The Maltese passport is the ninth most powerful travelling document worldwide; as one can travel without the need of a visa to 150 countries.  Moreover, it is a reliable source for mobility.  This outstanding result for Malta has been established by an international study named Passport Index 2017 conducted by Passport Index which is the leading reference to global […]

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01
Jan

Creditreform assigns A+ rating to Malta

· | Credit Rating · EU | No Comments on Creditreform assigns A+ rating to Malta

German credit rating agency Creditreform Rating AG assigned an A+ long-term sovereign rating to Malta and described its outlook as stable.   Creditreform Rating AG, which forms part of the worldwide operating Creditreform Group, was established in 2000 and is considered as one of the leading rating agencies in Europe.   In its report published on the 29th November […]

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01
Dec

Anti Money Laundering – 4th Directive

· · · | AML · Criminal · EU · Law | No Comments on Anti Money Laundering – 4th Directive

The forth AML Directive, which has to be transposed into national law by 26 June 2017, aims to reinforce the battle against money laundering and financing of terrorism by enhancing transparency of the ultimate beneficial owners (UBO) and prescribing  more stringent regulations and wider definitions in order to try and encapsulate more  persons subject to due diligence.   It […]

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