News

Malta has set up the National Foreign Direct Investment Screening Office, intended to screen and vet potential applications for foreign direct investment into Malta. The scope and remit of the Office shall be to screen new FDI projects, joint ventures with a foreign component and the transfer of any shares and/or controlling interests in existing […]

In wake of the heavy financial burden placed throughout by COVID-19, the Malta Development Bank has brought into effect the MDB COVID-19 Guarantee Scheme (CGS) which forms part of the of Government’s COVID19 Response Support Programme. The Government is providing financial assistance in the form of a guarantee fund to the tune of €350 million […]

The Superintendent of Public Health has ordered persons who: (i) suffer from diabetes and is dependent on insulin; (ii) are on biological medicines; (iii) had cancer in previous six months; (iv) are immuno-suppressed; (v) are undergoing renal dialysis; (vi) are pregnant; or (vii) were admitted to hospital for some respiratory disease over the previous six […]

The Government have reacted to the COVID-19 pandemic and have introduced the following measures in order to try and ease the effects of such pandemic on businesses and their employees, as well as self-employed persons. Such measures are being administered by Malta Enterprise, and additional information can be found on their website. Moreover, most of […]

In light of recent developments in Malta connected to the COVID-19 pandemic, our offices are closed for the public with effect from 11 March 2020 and until further notice. The firm is ensuring that its work place is a safe one with all appropriate health and safety measures put into place. Where possible, our staff […]

Issued on the advice of the Financial Intelligence Analysis Unit (“FIAU”), Legal Notice 430 of 2018 (the “Notice”) has introduced a series of constructive amendments to the Prevention of Money Laundering and Funding of Terrorism Regulations (“PMLFTR”). New Competent Authorities A foremost amendment is the introduction of the Asset Recovery Bureau and of the Commissioner […]

David Zahra & Associates Advocates was recently invited to participate in an event co-ordinated by the Milano representative office of Bank of Valletta on Malta’s offerings in terms of wealth management. The event, held on 9 October 2018, was an exclusive one open only for members of the “Golf Club Castello Tolcinasco”, one of the […]

The blockchain revolution continues to gain more traction within the Malta thanks to the imminent enactment of Malta’s unprecedented legal framework for blockchain and distributed ledger technologies. David Zahra & Associates Advocates, as early enthusiasts of DLT technology and cryptocurrencies, have observed with great interest as the technology has developed beyond its roots as an […]

After an agreement was reached with the judiciary and due approval was obtained in Parliament, a new Commercial Court will enter into force on 9 April 2018, as a sub-section of the existing Civil Court. The Commercial Court has previously existed in Malta, albeit having a different jurisdiction, but recently sentiment has grown that the […]