News & Views

From Monaco to Shanghai – Where to Find Us

22 October 2012

Geraldine Schembri, the managing director of EMCS International, recently joined the Malta Enterprise Delegation to Shanghai in China and Hong Kong where trade and investment opportunities with these two leading economic hubs were explored. Geraldine commented, "The event provided significant networking opportunities. Hong Kong has a...

Malta keeps top ranking in EU Internal Market Scoreboard

17 October 2012

Malta has placed first in the Internal Market Scoreboard for the eighth consecutive time. The scoreboard benchmarks Member States' efforts in the implementation of Internal Market Law by transposition deficit, which is the gap between the number of Internal Market laws adopted at EU level and those in force in the Member States. Malta is...

Malta’s LGA signs bilateral MoU’s with Jersey &...

12 October 2012

Malta's Lotteries and Gaming Authority (LGA) recently entered into a Memorandum of Understanding (MoU) on bilateral cooperation with the Jersey Gambling Commission (JGC). This follows another similar agreement signed with the Isle of Man's Gambling Supervision Commission (GSC) in September 2012. In doing so, the two jurisdictions have...

Highly Qualified Person (“HQP”) Rules Extended

02 October 2012

Legal Notice 306.2012 has recently been enacted so as to extend the beneficial tax rates previously only available to foreign professionals in Malta for the purpose of employment in key senior positions within the financial services and internet gaming industry. As such the list of positions covered by the HQP rules shall now also include...

Malta-Switzerland Double Taxation Agreement

12 July 2012

On the 6th July 2012 the bilateral double taxation agreement (DTA) between Switzerland and the Republic of Malta entered into force, although the provisions take effect as of 1 January 2013. The agreement contains two sets of provisions; the first relating to the avoidance of double taxation; the second, provisions on the exchange of information...