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Post-Brexit: Establishing a Higher Educational Institution in Malta Corporate and M&ATrusts, Foundations and Wealth Management

Post-Brexit: Establishing a Higher Educational Institution in Malta

 This article was written by Dr.Edmond Zammit Laferla, Dr.Dorita Cardona and Dr.Joshua Chircop.Following the decision of UK voters to exit from the European Union in 2016, several international schools and universities have been expressing interest in establishing higher educational institutions in Malta.Why Malta?The market for higher educational institutions in Malta has increased exponentially in recent years. The number of licensed entities is growing steadily. Malta is an EU member state and as such benefits from direct access to the EU single market. This means that higher educational institutions that establish themselves in Malta will be able to passport into the…
Edmond Zammit Laferla
12th October 2018
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Post-Brexit: Establishing a Higher Educational Institution in Malta Corporate and M&ATrusts, Foundations and Wealth Management

Post-Brexit: Establishing a Higher Educational Institution in Malta

 This article was written by Dr.Edmond Zammit Laferla, Dr.Dorita Cardona and Dr.Joshua Chircop.Following the decision of UK voters to exit from the European Union in 2016, several international schools and universities have been expressing interest in establishing higher educational institutions in Malta.Why Malta?The market for higher educational institutions in Malta has increased exponentially in recent years. The number of licensed entities is growing steadily. Malta is an EU member state and as such benefits from direct access to the EU single market. This means that higher educational institutions that establish themselves in Malta will be able to passport into the…
Edmond Zammit Laferla
12th October 2018
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Extension for Reduced Rate of Stamp Duty on the Transfer of a Family Business Corporate and M&A

Extension for Reduced Rate of Stamp Duty on the Transfer of a Family Business

The reduced rate of stamp duty applicable to the transfer of shares in a family business from 2% to 1.5% has been extended further until 31st December 2018, in accordance with Legal Notice 320 of 2018 entitled Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) (Amendment No.2) Order, 2018 which was announced on 9 October 2018.The reduction in stamp duty applies in relation to:the transfer of shares in a Maltese registered company and includes the transfer by means of donation by qualifying family members, which is defined as being a donation to one's spouse or…
Ian Busuttil
12th October 2018
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Extension for Reduced Rate of Stamp Duty on the Transfer of a Family Business Corporate and M&A

Extension for Reduced Rate of Stamp Duty on the Transfer of a Family Business

The reduced rate of stamp duty applicable to the transfer of shares in a family business from 2% to 1.5% has been extended further until 31st December 2018, in accordance with Legal Notice 320 of 2018 entitled Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) (Amendment No.2) Order, 2018 which was announced on 9 October 2018.The reduction in stamp duty applies in relation to:the transfer of shares in a Maltese registered company and includes the transfer by means of donation by qualifying family members, which is defined as being a donation to one's spouse or…
Ian Busuttil
12th October 2018
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The Malta Digital Innovation Authority issues guidelines on Resident Agents Uncategorized

The Malta Digital Innovation Authority issues guidelines on Resident Agents

 The Malta Digital Innovation Authority ("MDIA") has issued the last consultation document on Chapter 4 of its Guidance Notes which is addressed toward resident agents.A resident agent refers to the resident agent defined in the Innovative Technology Arrangements and Services Act ("ITAS"):ITAS provides that a person who makes an application to the MDIA for any form of recognition and who is not ordinarily resident in Malta is required to appoint a resident agent who is:A) Habitually resident in Malta;B) Not interdicted or incapacitated or is an undischarged bankrupt;C) Has not been convicted of any of the crimes affecting public trust…
Ian Busuttil
12th October 2018
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The Malta Digital Innovation Authority issues guidelines on Resident Agents Uncategorized

The Malta Digital Innovation Authority issues guidelines on Resident Agents

 The Malta Digital Innovation Authority ("MDIA") has issued the last consultation document on Chapter 4 of its Guidance Notes which is addressed toward resident agents.A resident agent refers to the resident agent defined in the Innovative Technology Arrangements and Services Act ("ITAS"):ITAS provides that a person who makes an application to the MDIA for any form of recognition and who is not ordinarily resident in Malta is required to appoint a resident agent who is:A) Habitually resident in Malta;B) Not interdicted or incapacitated or is an undischarged bankrupt;C) Has not been convicted of any of the crimes affecting public trust…
Ian Busuttil
12th October 2018