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Analysis of the Maltese Immigration Authorities policy changes Uncategorized

Analysis of the Maltese Immigration Authorities policy changes

This article was written by Mamo TCV's Immigration Department.1. Further changes to the Malta Identity Bureau and foreigners In view of COVID-19, many measures have been taken at national and global level to help ease the effects of the pandemic. Identity Malta has also taken its own measures to promote public health and help minimize transmission. Non-EU citizensIdentity Malta has almost completely suspended work permit applications until further notice, apart from a few exceptions.New work permit applications may be primarily divided into two categories: standard applications and key employee initiative ("KEI") applications.Individuals who meet the following criteria are eligible to…
MamoTCV
19th May 2020
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Cell Companies in Shipping and Aviation Business AviationShipping, Yachting and Transport

Cell Companies in Shipping and Aviation Business

This article was written by Dr Nicholas Valenzia and Dr Joshua Chircop.Amendments have been made to the Companies Act allowing for the introduction of regulations regarding Cell Companies carrying on or engaged in Shipping or Aviation Business (the "Regulations").The RegulationsThe amendments have introduced a new article to the Companies Act, which gives the authority to the Minister responsible for the registration of commercial partnerships (the "Minister") to make the Regulations. The Regulations are expected to be promulgated under Maltese law imminently.The Regulations are expected to provide for the formation, constitution, authorisation and regulation of Cell Companies carrying on or engaged…
Nicholas Valenzia
15th May 2020
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New Regulations Setting Up a Company Recovery Fund Corporate and M&A

New Regulations Setting Up a Company Recovery Fund

On 12th May 2020, Legal Notice 192 of 2020, the Companies Act (Company Reconstructions Fund) Regulations 2020 (the "Regulations") was published to supplement the company recovery procedure as provided under article 329B of the Companies Act (Chapter 386 of the laws of Malta) (the "Act").Objective of the RegulationsThe Regulations set up and regulate the administration and operation of a fund to be designated the Company Recovery Fund (the "Fund") which is intended to facilitate the company recovery procedure under article 329B of the Act. The Fund shall receive a maximum amount of €500,000 annually from the Malta Business Registry provided…
Nicole Portelli
15th May 2020
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Second Extension to the Temporary Framework has been Adopted Antitrust, Competition and Trade

Second Extension to the Temporary Framework has been Adopted

Following the draft proposal to further extend the scope of the State Aid Temporary Framework (the "Framework") that was sent to the Member States on the 9 April 2020 by the European Commission, the second extension to the Framework has now been adopted and was put into effect on the 8 May 2020. The Framework was initially brought into effect on the 19 March 2020 and was previously amended on the 3 April 2020. While furthering the scope of the Framework, this second extension will complement the State aid measures covered by the Framework and existing State aid rules. The…
Laura Spiteri
15th May 2020
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MCCAA Issues Consultation Regarding Proposed Amendments to Consumer Affairs Act Antitrust, Competition and Trade

MCCAA Issues Consultation Regarding Proposed Amendments to Consumer Affairs Act

This article has been written by Dr Annalies Muscat and Dr Laura SpiteriOn 22 April 2020, the Malta Competition and Consumer Affairs Authority (the "MCCAA") published a consultation regarding a Bill to amend the Consumer Affairs Act (Chapter 378 of the laws of Malta and hereinafter referred to as the "Act") and other Laws, and to make ancillary and consequential provisions thereto (the "Bill") in the light of Regulation 2017/2394 on cooperation between national authorities responsible for the enforcement of consumer protection laws (the "Regulation"). The salient amendments being proposed in the Bill are the following:i. Introduction of a Commitments Procedure…
Annalies Muscat
12th May 2020
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COVID-19 Response to European Air Travel COVID19 Measures

COVID-19 Response to European Air Travel

Eurocontrol's summary concerning air travel in Europe details the COVID-19 response of the major European countries, and how the preventative measures have affected the main European airlines. For anyone curious to know when they may be able to book their next flight ticket, we suggest that you consider the latest summary provided in the link below and to check this space for future updates.https://www.eurocontrol.int/sites/default/files/2020-05/eurocontrol-summary-covid-response-08052020.pdf Disclaimer This document does not purport to give legal, financial or tax advice. Should you require further information or legal assistance, please do not hesitate to contact Dr. Christian Tonna
MamoTCV
7th May 2020