Malta Family Business Act Setting the scene FAMILY BUSINESSES CONSTITUTE a significant section of many economies, making up 35 per cent of businesses in Switzerland, 80 per cent in Malta and 90 per cent in Turkey. In recent years Maltese legislation has emerged that focuses on supporting small businesses, such as the Small Business Act, but this […]
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Citizenship Law Firm promoted 1st Approved Agent Chetcuti Cauchi Advocates have announced their status as citizenship agents to be promoted from accredited person to approved agent status. This makes prominent Malta citizenship specialist law firm Chetcuti Cauchi the first Malta citizenship agent to be promoted to privileged “Approved Agent” status, having satisfied the quality, reliability and volume
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Malta Vat on Property Even though Malta is a small island and it has limited resources, property is still considered to be one of the less risky but lucrative investments on the island. The good news regarding immovable property in Malta is that our legal system does not impose wealth and/or property taxes and VAT.
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Malta Taxation of Collective Investment Funds Taxation of Collective Investment Funds The Malta tax treatment of the income of investment funds hinges on the differentiation made by Maltese law between ‘Prescribed’ and ‘Non-Prescribed’ funds. In this paper the term ‘Funds’ refers to entities or arrangements which have been established to perform the function of a
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Malta launches Digital Gaming Strategy Malta has launched its Digital Gaming strategy aimed at identifying the practical manner in which the digital games industry in Malta can be further stimulated, supported and further expanded to reinforce Malta’s position as a hub of the digital gaming industry, notably as a hub for Mobile, Tablet, PC, Console-Downloadable (e.g.
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Malta Budget 2003 Registration Tax & Road Licence For Motor Driven Vehicles Racing cars Stated Aim: To regularize the position of motor racing enthusiasts. Measure: Reduction in Vehicle Registration Rate for specially equipped racing cars by 6.5% instead of the current rates of between 50.5% and 75%. Naturally, given that these specially equipped cars
The Malta 2014 Budget Released On Monday the Finance Minister Edward Scicluna delivered the new 2014 Maltese budget. The main features include, among others, changes in income tax rates and indirect taxes, in duty on documents and transfers, proposals regarding infrastructural investments and the Individual Investor Programme. Below we present main outlines. Income Tax To
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