Commercial Partnerships in Malta The Companies Act provides for different types of commercial partnerships, mainly: Partnership en nom collectif; Partnership en nom commandite; Company: ( Article 4(1), Malta Companies Act Chapter 386 of the Laws of Malta) Public company; or Private Company (Article 4(3), Malta Companies Act Chapter 386 of the Laws of Malta) All of the above-mentioned commercial partnerships […]
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EU Winter Forecast Malta’s Economy To Grow By 4.5% In 2021 In 2021, Malta’s economy will grow by 4.5%, according to the European Commission’s Winter Forecast. Released on Thursday (today), the forecast noted that this year’s growth comes after Malta’s economy contracted “severe[ly]” in 2020, by nine per cent. “Limitations on air traffic, tourism
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Malta Residence Programme Amendments Discussed Malta’s investment migration laws will undergo another major amendment with the revision of the Malta Residence Visa Programme. MRVA Agency CEO Charles Mizzi and Parliamentary Secretary for Citizenship & Communities Hon Alex Muscat addressed a stakeholder meeting with immigration lawyers outlining the intentions of the Maltese Government to build on
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Malta Rated A (High) with Stable Trends by Rating Agency DBRS DBRS Ratings GmbH confirmed Malta’s Long-Term Foreign and Local Currency – Issuer Ratings at A (high). At the same time, the rating agency confirmed Malta’s Short-Term Foreign and Local Currency – Issuer Ratings at R-1 (middle). The trend on all ratings is Stable. The
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Malta’s A+ rating confirmed by German Credit Rating Agency The German creditrating agency Creditreform Rating stated Malta’s low levels of public debt meant it was well-placed to recover economically from the COVID-19 pandemic and said that while there was “room for improvement” in Malta’s institutional framework, the government “seems committed to deliver” on rule of
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New Investor Route to Maltese Citizenship under Maltese Law Having reached its quota of a total of just 1,800 families in 6 years, Malta’s Citizenship by Investment Programme, or the Malta Individual Investor Programme, is being replaced by a new investment migration route introduced by amendments to the Maltese Citizenship Act last July 2020. “The Maltese Citizenship Programme is succeeded
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Maltese Citizenship Act Chapter 188, the Maltese Citizenship Act, is the main law that regulates the grant and deprivation of Maltese citizenship. The Maltese Citizenship Act came into being in 1965 after Malta gained its independence and was last amended in 2013 with the introduction of the Individual Investor Programme and in 2020 the grant of
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Chetcuti Cauchi partner appointed STEP Malta Chair Chetcuti Cauchi partner Dr Priscilla Mifsud Parker has been named Chair of the Malta branch of private client professional organisation STEP, the Society of Trust & Estate Practitioners. Priscilla, has taken on the three-year term as the head of STEP Malta after serving in the STEP Malta Branch Committee for many years
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Applying for Malta Citizenship FAQs Which Malta Government Entity is responsible for the IIP? The MIIP Agency has been established and entrusted with powers for the purpose of discharging duties in terms of the Malta Individual Investor Programme (IIP) . With Identity Malta Agency, the MIIP Citizenship Agency falls under the responsibility of the Ministry for Home Affairs and National Security.
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Chetcuti Cauchi: Consensus-based legislation in Maltese Investment Migration Past Governments of both political hue carry under their belt many wins for Malta’s attractiveness for foreign direct investment: financial services, online gaming, maritime, pharma and biotech to name but a few. In the area of Malta’s attractiveness for the world’s affluent, Malta has built on the
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Malta Citizenship Concessionaire What is a Malta Citizenship Concessionaire? In 2013, further to decision to introduce of a citizenship by investment programme in Malta, the Maltese Government launched a competitive tender for marketing of the Maltese citizenship program to attract investment to Malta from individuals of high net worth who could make contributions to the Maltese
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Malta Citizenship Programme nears Applications Cap Malta’s citizenship by investment program, the Malta Individual Investor Programme (MIIP), is approaching its 1,800 application cap and will require a parliamentary renewal in order for investor naturalizations to continue under the Maltese citizenship by investment programme. Deadlines for last new MIIP applications MIIPA will continue accepting applications for citizenship under the Malta
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Malta Dual Citizenship Dual Citizenship in Malta Speaking to Legal-Malta, senior partner Dr Jean-Philippe Chetcuti of Chetcuti Cauchi Advocates explains the findings of the firm’s latest Dual Citizenship Report in respect of Maltese dual citizenship. “Malta allows Dual Citizenship since 2000, when legislative changes introduced the concept of double or multiple citizenship in Maltese citizenship
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Malta Holding Companies Setting up Holding Companies in Malta Maltese holding companies can be registered as Limited Liability Companies with minimum share capital of €1,165, twenty percent of which needs to be paid up. Normally a company is set up with a minimum of 2 shareholders unless the company is registered as single member company. Private holding companies can have
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Maltese Government announces lifting of Covid-19 Measures Bars, gyms, childcare centres to reopen Religious services to resume from mid-June All workers expected to return to work Masks still required in shops No mass gatherings allowed, but six-person limit removed No contact sports for now Airport to reopen for services to 19 countries on July 1
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