With effect from 1 January 2012, another scheme has been introduced for expatriates working in Malta to benefit from a reduced rate of tax of 15%.

With effect from 1 January, 2012 another scheme has been introduced for expatriates working in Malta to benefit from a reduced rate of tax of 15%.

Companies, institutions or organisations established overseas which intend to hold a conference or any other event in Malta should be aware of the possible Malta Value Added Tax implications that may arise as a result of such activity.

On the 9th October 2017, Minister for Finance Edward Scicluna delivered the Budget speech to the House of Representatives.

Brexit, the UK's withdrawal from the European Union, has had far-reaching consequences across various sectors, including real estate. Brexit has impacted the Maltese real estate market...

This law adopts EU Directives as the main reference for the regulatory concepts and supervisory practices which it introduced.

A Residence Programme ("TRP Rules") has been introduced with effect from 1 July 2013 for individuals who are nationals of the EU, EEA or Switzerland (but not Maltese nationals) in terms of Legal Notice 270 of 2014 and Articles 56(23) and 96 of the (Malta) Income Tax Act, Chapter 123 of the Laws of Malta ("ITA"), and which TRP Rules confer on the successful applicant a special tax status.

Redomiciliation of companies to and from Malta

Deloitte is launching another programme sponsoring talented people who want to further their studies. The financial services firm sponsors three main programmes which cater for either full-time employees, full-time students, or employees who are studying part-time.

As of 1 January 2015 iGaming services supplied to private consumers (private individuals and non-taxable persons) in the EU will be treated as supplied in the Member State of the customer.

The recent changes in accounting rules have been fuelled by a combination of actions and events which have undoubtedly left a distinct mark on the accounting profession.

In terms of Legal Notice 167 of 2013 and Article 56(23) of the (Malta) Income Tax Act, Chapter 123 of the Laws of Malta ("ITA"), a Global Residence Programme ("GRP Rules") has been introduced for individuals who are not nationals of the EU, EEA or Switzerland. The GRP Rules confer on the successful applicant a special tax status.

The Investment Aid Incentive takes the form of investment tax credits, which are computed as a percentage of qualifying expenditure undertaken by companies engaged in qualifying activities.

Malta is a fully independent republic with a parliamentary democracy and an elected president as the head of state.

The GRP Rules replace the Residence Scheme for High Net Worth Individuals applicable to non-EU/ non-EEA/non-Swiss Nationals with effect from 1 July, 2013 and the scope of the GRP Rules are to set out more favourable conditions under the new programme.

Policy change has emerged as the biggest concern for UK chief financial officers, ahead of economic uncertainty, according to the Deloitte UK CFO Survey for Q2 2014.

Changes to the VAT rules – Telecommunications, Broadcasting and Electronic Services

Changes to the VAT invoicing rules came into force on 1 January 2013, however, since the introduction of the changes, certain amendments have already been made thereto.

Sustainability will become a defining issue for the industry in 2015 and beyond. Rising populations and increasingly scarce resources will provide a challenge.

Malta Enterprise has launched two new assistance programmes for exporters, aimed at encouraging businesses to venture into new markets.