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...
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...
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...
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...
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...
New regulations have been introduced aimed at attracting third-country national investors to Malta by issuing a residency certificate entitling the investors to settle or stay indefinitely in Malta. The Malta Residence and Visa Programme was launched on 28 of August 2015, . These regulations seek to attract foreign, third national investors to Malta by providing for the...
The Government has published two Legal Notices in relation to the changes to the maternity leave system: – the Trust and Trustees (Maternity Leave Trust) Regulations (Legal Notice 257 of 2015); and – the Social Security Act (Amendment of Tenth Schedule) Order, 2015 (Legal Notice 258 of 2015). As of 1 July 2015, a Maternity Leave Trust has been...
Malta’s position as a key player in the world’s maritime industry has led to the establishment of a reputable flag of choice, confidence and quality, through the open Maltese register for ships, bareboat charters and mortgages. This was highlighted by David Zahra in an article published in a Special Supplement dedicated to ‘Malta: Transport Shipping &...
The Government of Malta has recently issued Legal Notice 225 of 2015 which brings into force amendments to the Highly Qualified Persons Rules. The Highly Qualified Person Rules apply a beneficial tax rate of 15%, on employment income derived in respect of work or duties carried out in Malta, to individuals holding a senior position...
Malta’s decision to retain its “professional investor fund” regime alongside the AIFMD regime was acclaimed by both speakers and participants at a seminar organised by the international law firm Withers, Bank of Valletta, Valletta Fund Services and David Zahra & Associates Advocates. The seminar, entitled “Ahead of the curve: il mercato unico degli AIF in...
Follow us:
© 2025 – DAVID ZAHRA & ASSOCIATES ADVOCATES
Designed and developed by Blonde and Giant
© 2022 – DAVID ZAHRA & ASSOCIATES ADVOCATES
Designed and developed by Blonde and Giant
Level 3, Theuma House, 302, St Paul Street, Valletta VLT1213, MALTA
