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MamoTCV Advocates

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COVID-19 State Aid to be Prolonged Legal Updates

COVID-19 State Aid to be Prolonged

As a result of the unprecedented circumstances we are currently facing, a number of measures were adopted to ease the challenges that various businesses are facing. In this regard, the European Commission adopted the State aid Temporary Framework (the "Framework") on 19th March, 2020, which has subsequently been amended a number of times to reflect the ever-changing nature of how the coronavirus pandemic is affecting the economy. This Framework details the conditions under which State aid would be permissible under Article 107(3)(b) of the Treaty on the Functioning of the European Union with a view to seeking to ensure the…
MamoTCV Advocates
19th October 2020
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Undertakings with Links to Tax Havens not to Receive State aid Antitrust, Competition and TradeLegal Updates

Undertakings with Links to Tax Havens not to Receive State aid

The European Commission ('Commission') has issued a recommendation to Member States that undertakings with links to tax havens (see list) and/or undertakings that have been convicted of serious financial crimes should not be beneficiaries of any state aid.The aim behind this recommendation is to avoid the misuse of public funds and to strengthen safeguards against tax abuse and financial crime throughout the Union. Nevertheless, it ought to be noted that the recommendation does not absolutely prohibit every undertaking with a link to a listed non-cooperative jurisdiction from receiving State aid. Member States are to make known to the Commission the…
MamoTCV Advocates
16th July 2020
Government Issues an Updated Wage Supplement Scheme COVID19 MeasuresEmployment and Industrial RelationsLegal Updates

Government Issues an Updated Wage Supplement Scheme

On Monday 8th June 2020, the Maltese Government announced another financial aid package aimed at economic regeneration. Amongst the numerous measures put in place to assist businesses in recovering from the impact caused by the COVID-19 pandemic, the Government announced an updated Wage Supplement Scheme which is to take effect from July 2020 up until September 2020.In terms of the said updated Wage Supplement Scheme, those businesses which operate in the areas of tourist accommodation, air transport, event organization, travel agencies and language schools will remain eligible to benefit from an entitlement of €800 for each worker employed on a…
MamoTCV Advocates
15th June 2020
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COVID-19 Temporary Work Benefits Issued by the Ministry for Family, Children’s Rights and Social Solidarity to Stop COVID19 Measures

COVID-19 Temporary Work Benefits Issued by the Ministry for Family, Children’s Rights and Social Solidarity to Stop

In a Press Release issued on 4th June 2020, the Ministry for Family, Children's Rights and Social Solidarity stated that the temporary benefit granted to parents who stopped working to stay home and take care of their children, together with the additional temporary benefit granted to those persons who lost their employment due to COVID 19 will stop on Friday 3rd July 2020. Additionally, the temporary benefit granted to those individuals with disabilities and medical conditions who had to stay at home due to their vulnerability and could not work from home will stop with effect from 5th June 2020. The Ministry…
MamoTCV Advocates
8th June 2020
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Health Authorities Issue Guidance Document for Offices and Workspaces COVID19 Measures

Health Authorities Issue Guidance Document for Offices and Workspaces

​The Office of the Deputy Prime Minister and Ministry for Health have issued a guidance document for offices and workspaces. The document contains measures which should be followed by employers in order to keep employees safe at the workplace and limit the spread of COVID-19. These guidelines have been issued following the Government's announcement that most workplaces are to be re-opened and that individuals should return to work, including vulnerable persons. In fact, by means of Legal Notice 232 of 2020 published on the 3rd June 2020, the Protection of Vulnerable Persons Order (together with a number of other Orders) has…
MamoTCV Advocates
4th June 2020
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Commission approves Malta’s state aid scheme to support investments in the production of coronavirus-relevant products COVID19 MeasuresLegal Updates

Commission approves Malta’s state aid scheme to support investments in the production of coronavirus-relevant products

On 12 May 2020, the European Commission approved an €11.5 million state aid scheme to support investments in the production of coronavirus-related products such as vaccines, personal protective equipment, and ventilators. Undertakings operating in sectors related to the production or the diversifying of products related to the coronavirus outbreak may benefit from this scheme through direct grants, repayable advances, and tax advantages. However, beneficiaries must complete investments projects in this regard within six months after receiving the aid.The scheme was approved under the State aid Temporary Framework that was put into effect on 19 March 2020. Disclaimer This document does…
MamoTCV Advocates
19th May 2020