VistaJet, the prestigious luxury aviation company, currently operating over 35 aircraft around the globe, has selected Malta as the operating base to facilitate elements of its future growth. The selection of Malta is a continuation of the company's global strategy and follows the attainment of an Operating License and an Air Operator...
Re-Domiciliation of Funds and Companies to Malta
01 March 2013
Re-domiciliations in and out of Malta are regulated by the Continuation of Companies Regulations 2002 as subsequently amended, issued under the Companies Act (the "Regulations"). The Regulations provide that a body corporate formed and incorporated/registered under the laws of an approved country or jurisdiction other than Malta, being similar...
Proposed Amendments to the Trusts and Trustees Act
22 February 2013
The Trust Institute was fully incorporated into Maltese law in 2004 by means of the Trusts (Amendment) Act, which set out extensive amendments to the then existing Trusts Act, being renamed Trusts and Trustees Act, as well as to the Civil Code. A consultation procedure on the proposed amendments to the Trust and Trustees Act (the "Act") is...
Malta to have second highest economic growth in...
22 February 2013
According to the European Commission's first winter economic forecast for the euro area and the European Union, Malta's economy is set to continue gaining momentum this year and register the second highest growth among the 17 members of the Eurozone. The forecast covers a wide range of indicators including gross domestic product (GDP),...
Malta/Bahamas TIEA Published
05 February 2013
The Tax Information Exchange Agreement signed with The Bahamas in January of last year was published by means of Legal Notice 26 of 2013. Like other agreements of this nature, this will promote cooperation between the two countries through the exchange of information.
