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Recent Amendments in Legislation having a bearing on Employment

In December 2020, amendments to employment legislation have clarified that the Industrial Tribunal now has jurisdiction to determinate cases related to fixed term contracts. Furthermore, recent amendments have increased the cost of living for 2021, and hence, full time employees’ wages have increased by €1.75 weekly.This increase has also been reflected in the minimum wage….

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Apply to register your trademark or design with the Malta IP office or the EUIPO before 31st December 2021 and benefit from a 50% refund of the application fee.

Through the SME programme, the EU will be making available a number of initiatives to aid SMEs in countering the effects of the COVID-19 pandemic. One such initiative, is a fifty percent (50%) discount on the application fees payable to the Malta IP office or the EUIPO for the registration of trademarks, logos, slogans and…

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Malta Professional Investor Fund

A Malta Professional Investor Fund is a type of collective investment scheme which providesa lighter regulatory regime and more flexibility than traditional UCITS and AIFs. They are ideal forinvestors   who want toventure out into non-traditional or specialist investments,such as private equity or immovable property.The Malta Professional Investor Fund regime is targeted at certain investors who…

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Malta Captive Insurance

A Malta Captive insurance undertaking (also known as an affiliated insurance undertaking)is an entity owned either by a financial undertakingor by a non-financial undertaking, the purpose of which is toprovide insurance cover exclusively for the risks of the undertakingor undertakings to which it belongs or of an undertaking orundertakings of the group of which it…

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Malta Trust

Malta Trusts have gained momentum since the enactment of the Trusts and Trustees Act in 2004. Prior to this date, trusts were not recognised under Maltese law, since the Maltese private law is largely based on the Civil Law tradition. The key players in a Malta Trust are (i) the Settlor being the person or…

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Fitch affirms Malta’s rating at A+, outlook ‘stable’ amid Covid-19

In its latest review, Fitch forecasts Malta’s real GDP will contract by 6.9 per cent in 2020, ‘a moderate downward revision’ from its April review (5.9 per cent), saying declining net exports played a significant role in the change. The credit ratings agency said Malta’s tourism sector suffered a large contraction in the While there…

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Family Businesses and the Incentives under the Malta Family Business Act

A number of incentives are available to entities registered as a family business in terms of the Family Business Act, Chapter 565 of the Laws of Malta (“the Act”). Such incentives are available up to the end of 2020 and include reduced stamp duty of 1.5% on the transfer of the business from the parents…

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Malta Residence and Visa Programme Costs

The Malta Residence and Visa Programme does not restrict applicants to stay in Malta for a minimum amount of days or pay any annual tax.However, if an applicant spends more than 183 days in Malta, they are required to be registered for tax purposes. The main applicant is required to satisfy a ‘fit and proper…

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Malta Remote Gaming Advantages

Remote gaming regulation was originally established in Malta in 2004, however since then the remote gaming industry in Malta has grown and developed, becoming one of the largest and best regarded jurisdictions in the world. In a nutshell – Why Malta? Malta offers several attractive factors for the remote gaming operators wanting to establish themselves…

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Malta Online Gaming

Malta has been a leader in respect of online gaming regulation for almost two decades now. Since the 2000s the iGaming industry in Malta has witnessed a remarkable and rapid growth. Malta has clearly become the jurisdiction of choice for many operators. Malta in fact boasts of regulating some of the world’s largest and leading…

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