News & Views

Malta Signs New Tax Agreements

14 December 2011

Malta approaches 2012 with almost 60 tax agreements under its belt, one of the more recent ones being the one signed with Hong Kong. The Hong Kong-Malta treaty, signed on November 8th 2011is the most recent in a string of treaties negotiated by Malta with third parties in its bid to ensure the avoidance of double taxation and the prevention of...

WEF Competitiveness Report Re-affirms Malta’s Strengths in Financial Services Sector

12 October 2011

The Global Competitiveness Report 2011-2012 report is largely dominated by Northern and Western European countries with Switzerland topping the overall rankings. Singapore and Japan make a strong showing for Asia, placing second and ninth respectively, whilst the United States continues its decline for the third year in a row, falling one more...

Corporate Social Responsibility & Charity Support

11 October 2011

Being a responsible business impacts everything we do at EMCS. Our company values and culture provide the foundation for our developing commitment to corporate responsibility Various actions are taken which positively impact on the Environment, the workplace and communities - support to charities being just one area where we put our values...

New high net worth individual scheme replaces...

15 September 2011

During a press conference held this morning Finance Minister Tonio Fenech launched a new scheme which replaces the permanent residence scheme with immediate effect- the latter was suspended abruptly at the beginning of the year. The new rules will make a distinction between EU/EEA/Swiss nationals and 3rd country nationals and introduces higher...

Malta-China DTA Ratified

01 September 2011

The new double taxation treaty between Malta and China signed on 23 October 2010 entered into force on 25th August 2011 and applies in respect of income or gains derived on or subsequent to 1 January 2012. The agreement highlights attractive tax incentives especially in terms of dividends and royalties. It provides that the tax rate for...