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Transport Malta Announces New Minimum Basic Wages for Seafarers

The Merchant Shipping Directorate within Transport Malta has issued a revised notice (Merchant Shipping Notice 108 Rev 4) announcing updated minimum basic wage thresholds for able seafarers, as mandated under Rule 51 of the Merchant Shipping (Maritime Labour Convention) Rules. Under the updated schedule: As from 1 January 2026, the minimum monthly basic wage will...

Transport Malta Publishes Updated Commercial Yacht Code

Transport Malta’s Merchant Shipping Directorate has released the new Commercial Yacht Code (CYC) 2025, which will replace the current CYC 2020. The updated code introduces a modernised and streamlined framework for the certification and operation of commercial yachts under the Maltese flag. It aims to better address the practical needs of the yachting sector while...

CSP Reform Now in Force: What You Need to Know

Following months of consultation and legislative drafting, Malta’s long-anticipated reform to the Company Service Providers (CSP) regulatory framework has now officially come into effect.  Through Act X of 2025, Parliament has introduced a series of changes to the Company Service Providers Act, its Subsidiary Legislation, and the MFSA’s CSP Rulebook. These changes mark a significant...

New Statutory Forms and Filing Deadlines

Legal Notice 92 of 2025 introduces new statutory forms and updates to the Companies Act (Forms) Regulations. These changes are intended to enhance corporate transparency and tighten reporting obligations to the Registrar of Companies and come into force on 16 July 2025. The Legal Notice’s key takeaways are the following: New Form F(3): Appointment of Auditor...

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© 2022 – DAVID ZAHRA & ASSOCIATES ADVOCATES

Designed and developed by Blonde and Giant