Corporate Trusts

Regulation of Trustees in Malta The tri-partite relationship between the trustee, settlor and beneficiary is based on a fiduciary relationship. The Trust and Trustees Act Malta (Chapter 331 of the Laws of Malta) specifically provides for the regulation of trustees in Malta, the role of which can be maintained by natural or legal persons alike, provided that the […]

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

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

Leap of Faith: Launching the First Maltese Unit Trust Maltese Unit Trust The Maltese funds industry is has just seen the launch of its first collective investment scheme structured as a unit trust. In this paper, the author examines some of the legal and regulatory challenges which the launch of this structures gave rise to,

Malta Trusts – Uses of Trusts under Maltese Trust Law The use of trusts The use of trusts by both legal as well as natural persons has gained popularity particularly in Malta, regardless of whether the trust is employed for commercial or private purposes. The Maltese Trust may be used indiscriminately for international or local

Trusts The setting up of trusts in Malta is regulated by the Trusts and Trustees Act. The Act provides for the creation of trusts and authorisation and supervision of trustees. In this regard, the MFSA is the competent authority for the purposes of the Act. The Act incorporates within its provisions the Hague Convention on

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