The Government of Malta has launched the much awaited NEW Residence Scheme for Foreigners which will replace High Net Worth Individuals Rules for non-EU foreigners. The Programme in short : Under the Global Residence Programme, the value of the immovable …

Malta provides an extremely business-friendly environment and this is being backed up by a number of incentive schemes which are being offered by Malta Enterprise – the National development agencies responsible for promoting and facilitating international investment in the Maltese …

Malta has always had a manufacturing culture. Being an island cut off from the major industrial centres meant that many items had to be manufactured locally. Although the world has changed substantially regarding manufacturing location with most labour intensive industries …

Malta is an attractive destination for industrial investment. Its geographical location, modern infrastructure, adequate and flexible labour supply, and political stability are some of its key advantages. The manufacturing industry is still relatively strong and currently contributes approximately 13% towards …

In response to the EU Commission’s request to abolish the ‘International Trading Company’ regime, various provisions of the Income Tax Act and the Income Tax Management Act have been amended in 2007. The full imputation system for dividend taxation has …

What do actors like Madonna, Russell Crowe, Brad Pitt and Richard Harris have in common? They all have sampled the excellent filming opportunities that Malta offers for any type of film production, this being a large budget film like Gladiator …

General  Foundations are legal entities that can provide most of the benefits of a company and also those provided by a trust such as consolidation of asset management, provisions for the listed beneficiaries, tax planning, philanthropic purposes as well as …

Credit Institutions (Licensed and regulated under the Banking Act of 1994) Introduction The Banking Act 1994 -Chapter 371 – (the Act) has modernised the banking legislation for Malta. It has replaced the Banking Act 1970 and brought the local operators …

Investment Services are regulated by the Investment Services Act (Cap. 370 of the Laws of Malta) [“ISA”] as amended by Act XVII of 2002. This law establishes the regulatory framework for two types of licences namely Investment Services Licences and …

Characteristics of Collective Investment Schemes (CISs) and Professional Investor Funds (PIFs)  Collective Investment Schemes  The definition of a ‘collective investment scheme’ in the ISA is a very broad one which embraces corporate schemes such as open-ended and closed-ended investment companies, …