The Maltese Government has expressed the intention to establish a successful Aviation Register directed towards drawing international airlines and other companies in this industry to serve as an important milestone in building an aviation service cluster in Malta.

The maritime sector remains one of Malta’s ever growing industries, with Transport Malta recently announcing a registered growth of 13.6% throughout the year 2013.

I benefici e gli incentivi fiscali disponibili per le organizzazioni che avviano attività commerciali nel settore delle operazioni di back office sono stati di grande successo nell’attirare tali attività a Malta.

The economic and financial crisis has led to stricter credit terms for clients to obtain credit from banking institutions.

Malta’s banking sector has taken great strides in the last fifteen years, expanding from four banks to a sophisticated EU-compliant banking sector which comprises a large amount of payment institutions (PIs) that complement this sector.

The Maltese Inland Revenue Department has issued specific guidelines with respect to the tax implications of lease arrangements, involving yachts and aircrafts, where the lessor is not a finance leasing company or when the period of the lease is for less than four years.

Governments are often encouraged to explore the option of prohibition of gaming because they are lobbied by monopolies that wish to avoid competition, or by those who are opposed, in principle, to any form of legalized gambling.

Act XIII of 2007 introduced a Second Schedule to the Maltese Civil Code (Chapter 16 of the Laws of Malta) whereby the law governing foundations, formerly marked by its absence in the legislative framework despite being recognized in Maltese Court judgements dating back to the early nineteenth century, was elaborated and laid down in such a manner as to clarify the legal position governing these institutes.

In view of the particular nature of the market for medicinal products, Maltese law provides for specific provisions.

Located in the heart of a significant array of shipping routes, Malta’s strategic position has enabled the country to develop one of the largest and most reputable ship registers in the world offering a variety of international maritime services.

The purpose of this proposed Act is to implement Article 36 of Directive 2005/60/EC of the European Parliament and of the Council of 29 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, in so far as the said article applies to company service providers.

Malta is increasingly becoming a financial services centre of repute looked at by a number of financial services operators as the ideal platform to set up their private pension schemes.

Malta has become the European hub of i-Gaming, licensing hundreds of gaming companies and service providers, including some of the largest and most profitable operators in the gaming industry.

Recent amendments to Maltese income tax legislation which entered into force via Legal Notice 429 of 2010 provide for a tax exemption on royalty income derived from eligible patents, in respect of qualifying inventions.

EMD has developed software and a number of work programmes aimed at bringing our clients in line with the requirements of the Maltese Data Protection Act 2001.

During the Budget Speech, the Ministry of Finance launched a limited time-window VAT amnesty scheme with the aim of encouraging VAT registered taxpayers to regularise their position with the Department. Legal Notice 456 of 2011 enacted this scheme.

Malta permits the establishment and operation of companies engaged in remote/online gaming activities (such as casino-style games, poker, sports betting, betting exchanges, P2P, skins, lotteries, and software vendors which take commissions on wagers) through all types of technologies (internet, mobile, telephone, fax and game devices).

The financial services sector is considered to be one of the main pillars of the Maltese economy and is also its fastest growing sector, even more so after the accession to the EU.

Malta offre una miscela unica di elementi che fonde diritto civile e ‘common law’ di stampo anglosassone, intersecandoli tra loro in un sistema legislativo distintamente ibrido.

The new Commission Regulation outlining the measures to be taken by service providers in the event of a personal data breach has come into effect and is binding upon Member States as of the 25th of August 2013.