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DZ&A contributes to the 5th Edition of ‘Global Legal Insight – Mergers & Acquisitions’

David Zahra, with the valuable assistance of Francesca Ferrando, has contributed to the Maltese chapter in the fifth edition of Global Legal Insight – Mergers & Acquisitions published by Global Legal Group Ltd, London. The article fmailto:francesca@davidzahra.comirst gives an overview of the Maltese market, then explores the relevant laws that govern mergers and acquisitions and finally highlights recent developments and...

DZ&A in Genova, Italy

David Zahra, founder of David Zahra & Associates Advocates, recently participated in a discussion, held in Genova, Italy, on the various wealth management opportunities offered by Malta to Italian high net worth individuals. The event was also addressed by representatives of Bank of Valletta. The audience was particularly interested in the use of family trusts to manage and...

Increase in competence of Court of Magistrates in civil jurisdiction

Various updates have been made to the Employment and Industrial Relations Act (Chapter 462 of the Laws of Malta) on the 20th of December 2022 in relation to fixed terms contracts and As from 15 February 2015, the competence of the Court of Magistrates in its civil jurisdiction has increased from €11,646.87 to €15,000 as...

Aviation industry reaching soaring heights

As of 5 February 2016, 214 aircraft have been registered in Transport Malta’s Aviation Registry with a record of 61 aircraft registered in 2015, 6 new operators and an upsurge in the number of pilot and engineer licenses issued by the Authority for Transport in Malta. Many of the registered aircrafts are in fact commercial and...

Amendments to the Companies Act

The right to equal pay between men and women for equal work or work of equal value has been a founding principle of the European Union since the Treaty of Rome in 1957. Despite the legal framework, the effective implementation of this principle remains a major challenge in the European Union. The Companies Act, in...

DZ&A on Business Islamica

Malta’s everlasting vocation, as a centuries-old trading post in the middle of the Mediterranean, to act as the melting pot of conventional finance and the workings of Islamic finance has been highlighted in an article penned by David Zahra for the November issue of Business Islamica, a monthly magazine published in the Middle East specifically covering all aspects of...

Malta and Curaçao sign DTA

A double taxation agreement (DTA) initialled by Malta and Curaçao in 2013 (click here for earlier news item) has been signed and ratified by both states on 18 November 2015. The DTA will enter into force as of 1 January 2016. The DTA is mainly based on the OECD Model Tax Convention on Income and on Capital, but includes special...

Standard VAT return across the EU proposed

After three years of deliberation, a proposal to amend Council Directive 2006/112/EC has been put together, with the intention of creating an EU-wide standard VAT return which Member States are required to enact in domestic legislation by the 31st December 2016. With the goal of easing the bureaucratic and procedural requirements imposed on businesses in different...

MSE forms Islamic Finance working committee

The Malta Stock Exchange has recently announced the formation of 3 working committees aimed at expanding and enhancing its business development objectives in 2016 and beyond. One working committee shall focus on Islamic Finance, which has been identified as one of the key areas to enhance Maltese capital markets. In a statement, the Malta Stock Exchange said that it...

Malta flag continues to register record growth

Transport Malta’s annual report, published in January 2015, stated that as at the end of December 2014, the number of ships registered under the Merchant Shipping Act stood at 6,667 for a total gross tonnage of 57.9 million. This result continues to consolidate Malta’s position as the largest European ship register and one of the ten largest...

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