The Malta Digital Innovation Authority Bill (the “Bill”), presented in Parliament on 24th April 2018, proceeded to the second reading stage of the Maltese legislative process on the 6th June […]
The Maltese Parliament voted unanimously, June 26, to approve three cryptocurrency and blockchain bills. These bills that are designed to make Malta one of the most important and desirable locations […]
Malta has been recognised as the best EU domicile for captive insurance in the European & UK Captive Awards 2017. The awards are organised by the Captive Review. Captive Review […]
The Malta Financial Services Authority (FSA) has published a publicly available consultation paper on April 13, 2018. The article acts as a vehicle for collecting feedback from the general public […]
The Transfer Pricing and CbCR platforms provide an important tool for the rapid, online identification and comparison of regulations in 49 countries. The continuously expanding databases provide stakeholders with up-to-date information about transfer pricing in 47 countries and CbCR requirements in 49 countries, ranging from Argentina to Thailand, including Malta and most European states.
Last week the government published the full list of people who were granted Maltese citizenship during 2016, including those who had purchased their citizenship through the Individual Investor Programme (IIP).
Under the IIP, high-net worth individuals can obtain Maltese, and therefore EU citizenship, against a fee of €650,000, as well as €150,000 in government bonds and a €350,000 investment in property. A physical presence is not required for applicants to prove residency.
The Court of Justice of the European Union (CJEU) recently ruled in favour of Mercedes-Benz Financial Services UK Ltd (MBFS) in a case concerning the VAT treatment of a specific type of car leasing agreement.
Malta is the only jurisdiction that can provide a robust financing structure (in terms of legal certainty) for maritime assets and those shipping groups that may be looking towards the capital markets would do well to consider securitisation as a potential option.
