Legal Notice 195 of 2026 introduces a revised framework for Malta’s individual tax programmes under the Income Tax Act. The new rules will apply to applications submitted as from 1 January 2027 and will replace the current special tax status programmes with an updated structure. Under the new framework, the existing programmes being the Global...
Malta has reinforced its strategy to position itself as a premier hub for family offices and private wealth management with the introduction of a new preferential tax regime under Legal Notice 250 of 2025, titled “The Senior Employees of Family Offices, Back Offices and Treasury Management Operations Tax Rules, 2025”. These rules which came into...
On Tuesday, 29th October, the Malta Institute of Accountants held its annual Tax Conference: Exploring Emerging Trends in Taxation at the Xara Lodge in Rabat. Among the highlights of the event was a panel discussion focused on the complexities of passing family businesses across generations, where our very own David Zahra joined industry experts Craig...
Malta has recently implemented changes to the Eighth Schedule of the Value Added Tax Act (Chapter 406 of the Laws of Malta), introducing a reduced VAT rate specifically applicable to the hiring of pleasure yachts. This modification, influenced by the adoption of Council Directive (EU) 2022/542 on April 5, 2022, marks a departure from the...
The European Commission has granted its conditional approval of the Maltese Tonnage Tax Scheme for a period of 10 years. The scheme was assessed under European Union State aid rules and it was found to ensure a level playing field between Maltese and other European Shipping Companies whilst also attracting ship registration towards Europe. The...
The Council of the European Union has recently agreed on a draft directive intended to address tax avoidance measures frequently used by large companies. The directive is part of a larger package of proposals coming from the European Commission intended to increase checks against corporate tax avoidance, building on the 2015 OECD recommendations to address...
A Double Taxation Agreement was signed between Malta and Vietnam on 15 July 2016. The Government of Malta welcomed this development as a breakthrough for encouraging investment in both countries, as well as its part in the continued expansion of Malta’s DTA network. Malta has long-standing policy of signing such agreements with emerging countries in order to...
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...
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...
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
