Corporate and M&A

If one wishes to import foreign plants into Malta or Gozo, it would be worth noting the new Propagation Material of Ornamental Plants Regulations (the "Regulations").  These Regulations came into force on the 5th October 2018 and ensure that any propagation material of ornamental plants produced or placed on the Maltese market meet predetermined standards of quality. Commission Directives 1993/49/EEC,  1998/56/EC,  1999/67/EC,  1999/68/EC  and Commission Implementing Directive (EU) 2018/484 have been transposed by virtue of the Regulations. These instruments were enacted at EU level to harmonize the health and quality standards of plants circulating within the free market. All biological…

The Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order (the "Order"),  recently amended by Legal Notice 412 of 2018,  introduces a reduced rate of duty for gratuitous transfers of business property. The aim is to partially relieve the burden placed on individuals who intend to transfer immovable property forming part of a family business.The Order applies, inter alia, to individuals transferring, by gratuitous title, immovable property being a commercial tenement as defined in article 1525 of the Civil Code, that had been used in a family business as defined in the Family Business Act…

The European Council has announced that it has reached a provisional agreement with the European Parliament on a draft directive that will facilitate and promote the use of online solutions in a company's contact with national regulatory authorities throughout its life cycle. The draft directive provides for the amendment of EU company law rules to allow for greater efficiency, transparency and legal certainty in company matters through the use of digital tools. The European Council has announced that the draft directive provides the following:Persons may register limited liability companies, and file company documents with national regulatory authorities entirely online;Information explaining national…

The European Council has announced that it has reached a provisional agreement with the European Parliament on a draft directive that will facilitate and promote the use of online solutions in a company's contact with national regulatory authorities throughout its life cycle. The draft directive provides for the amendment of EU company law rules to allow for greater efficiency, transparency and legal certainty in company matters through the use of digital tools. The European Council has announced that the draft directive provides the following:Persons may register limited liability companies, and file company documents with national regulatory authorities entirely online;Information explaining national…