Vantive Malta MedTech Investment Summary Vantive’s planned €150 million MedTech investment in Malta marks a significant step in Malta’s move towards high-value healthcare, advanced manufacturing and science-led economic activity. The Ħal Far facility is expected to create around 250 jobs and support production linked to kidney care treatments, reinforcing Malta’s positioning as a European base […]
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Malta Trademark Law Basics In this series of intellectual property publications, we will explore the basics of the law that covers trademarks, patents, designs and copyright, with special focus on the formal steps to protect one’s creations and what brand owners and inventors should look out for. In this first article we will tackle the
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The Advantages of the Malta Flag Defined in the United Nations Convention on the Law of the Sea, the flag state is the state which may exercise jurisdiction and control in administrative, technical and social matters over ships flying its flag. In so-doing, each State party to the Convention must maintain a register of ships with the
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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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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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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
VAT on Yachts in Malta The VAT on Yacht Leasing Regulations of January 2006, the VAT on Yachts rules in Malta, have made it possible to reduce the effective VAT payable on the purchase of Yachts to as low as 5.4% VAT and this by virtue of a Financial Leasing agreement made between a Malta Shipping Company acting
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VAT Planning for EU Yachts On the 24/11/2005, the Maltese VAT Department published its guidelines on the VAT treatment of yacht leasing. These regulations have clarified the taxation of yachts which are lease-purchased to third parties by a Maltese Company. VAT Planning: Financial Leasing Solution A financial leasing agreement (lease-purchase) of a pleasure craft is an
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Taking up Employment in Malta Empoyment in Malta Government Policy All foreign nationals require a work permit to work in Malta. In respect of foreigners, the Government maintains a very restrictive policy and employment licences are granted only in exceptional circumstances. Such work permits are issued to employers wishing to engage foreigners for a determined
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