REITs: Asset Classes & Activity Comparisons During the 2019 Malta Budget, the Maltese Government announced intentions to introduce a Real Estate Investment Trust (REITs) regulatory framework. As one of the few countries within the developed world that does not yet have such a regime yet in place, the announcement was very much welcomed by investors as […]
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Malta & Cyprus: A Sea Apart European Commission Report on Malta’s Financial Position On the 10th of April 2013 the European Commission circulated its conclusions on Malta’s financial position in a report issued in accordance with Article 5 of Regulation (EU) No 1176/2011 on the Prevention and Correction of Macroeconomic Imbalances (the ‘Commission Malta Report 2013’).The exercise
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Malta Digital Gaming Incentives Since 2011, the Malta digital games Industry has developed rapidly becoming one of the burgeoning industries in Malta in a short span of time. This is mainly attributed to the Government’s policies aimed at making Malta a digital hub as well as the availability of a widespread range of incentives that address the
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Malta Gaming Regulator signs a memorandum of understanding with Upholding its reputation as a regulator of integrity, the Malta Lotteries and Gaming Authority has signed a memorandum of understanding with the European Sports Security Association (ESSA), which is the industry monitoring group that works to keep wagering free from insider betting or bet-rigging and manipulation
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Malta Ordinary Residence Route The Malta Ordinary Residence Scheme is an attractive residence scheme currently available to EU & EEA nationals and nationals of Switzerland, Liechtenstein, Norway and Iceland seeking to transfer their tax residence to a safe, high quality and tax-efficient jurisdiction such as Malta. Eligibility for Malta Ordinary Residence Nationalities eligible to ordinary
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Case study: EU Court Makes Reference to the Sophistication of Malta Gaming Law In the course of criminal proceedings commenced against Jochen Dickinger and Franz Ömer, the Austrian Court requested a preliminary ruling from the European Court of Justice on the interpretation of Articles 43 EC and 49 EC (Article 49 and 56 TFEU). A
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Income from Intellectual Property – Artistes and Sports Profess Income from Intellectual Property – Artistes and Sports Professionals Individuals in the public eye, such as artists and sports professionals, typically register their personality rights to protect their images and identities. Such intellectual property (IP) may be either registered in their own name or through a legal entity,
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Foundations under Maltese Law Any person, whether a national or otherwise, has the right to establish legal organizations, including Malta foundations, as long as that person complies with the prescribed rules as to form and content. Setting up a Malta Foundation Public Deed or Will A Malta foundation can be set up either by means of a
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Unit Trusts under Maltese Law The Unit Trust The purpose behind the creation of a unit trust is that many persons, whether legal or natural, are unable to accumulate large pools of moneys sufficient to individually give them access to substantive investment opportunities. In this event investors collectively contribute through the set up of a
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Smart Contracts What are Smart Contracts? Whilst most seem to be intrigued with the emergence of blockchain technologies and cryptocurrencies, few understand the present implications and possible future opportunities of these tools. Nick Szabo, a legal scholar and computer scientist first introduced the concept of a smart contract in a peer-reviewed journal in 1997. He
