News & Views

ECB Report confirms Strength of Maltese Banking...

05 December 2013

In 2012 all euro area countries, apart from Luxembourg and Malta, recorded a decrease in the number of credit institutions (a 3.1% decrease over 2011 in total). This was one of the key conclusions of the Banking Structures Report, published earlier this month by the European Central Bank. The ECB's report also pinpointed a significant decline,...

Malta “Most Favoured Domicile in Europe” -...

27 November 2013

"Malta's attractiveness as a domicile lies in its competitive advantage on cost as well as a regulator that is open to new strategies and approachable by fund managers who are just starting out." - Executive Editor of Hedge Funds Review In the recent Hedge Funds Review's Service Provider Rankings released earlier this month, Malta was named as...

Malta and the Cayman Islands sign TIEA

26 November 2013

On the 25th November, Malta and the Cayman Islands signed a Tax Information Exchange Agreement (TIEA) providing for full exchange of information between the two States in tax matters. The conclusion of this agreement was welcomed as an indication of goodwill between the two jurisdictions and their adherence to good practices within the global...

Double Taxation Agreement – The State of Israel

19 November 2013

The Convention between the Government of Malta and the Government of the State of Israel for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income signed on 28 July 2011 was published on the 25 October 2013 by virtue of Legal Notice 343 of 2013. In essence, salient features of this DTA, are the...

Budget 2014 – The Highlights

05 November 2013

The Minister of Finance yesterday evening presented his budget for 2014. Malta remains committed to enhance its role as a hub for digital gaming activities and there will be continued effort to strengthen the Maltese aviation industry through the creation of an Aviation Authority, the drafting of a Civil Aviation policy and set-up of a research...