On 10 April 2014, Malta and the Republic of Moldova signed an Agreement on the Avoidance of Double Taxation. The Agreement on the Avoidance of Double Taxation, the first ever between the two jurisdictions, seeks to enhance bilateral trade and to increase investment. The main features of the Agreement on the Avoidance of Double Taxation are...
David Zahra & Associates Advocates has recently joined the Swiss-Maltese Chamber of Commerce. The Swiss-Maltese Chamber of Commerce was founded in 1999 and aims to foster economic and cultural ties as well as friendship between Switzerland and Malta. Click here to access the Chamber’s website.
The ‘Treaty for the Elimination of Double Taxation’ signed by Malta and the Principality of Liechtenstein on 27 September 2013 has entered into force on 1 July 2014 by Legal Notice 259 of 2014. The treaty is based on the OECD Model Convention and relates to taxes on income, on capital and on funds. The treaty...
The Government of Malta and the Government of the China have signed a 5-year Medium-Term Cooperation Plan which will take the already well established cooperation between the two countries to another level. This is the first formal Medium-Term Cooperation Plan that China signed with a European country. Pursuant to the Cooperation Plan, Malta and China...
Lamiafinanza.ch, an informative website for investors and savers, has published a second article on Islamic finance by David Zahra. The article, in Italian, gives an overview of the benefits of the screening of investments from a Shariah-compliance point of view and is the second from a series of articles which the website shall publish to generate...
We, at David Zahra & Associates Advocates, extend our best wishes to our Muslim friends on the beginning of the blessed month of Ramadan. Ramadan Kareem.
Malta is increasingly perceived as an attractive gateway for Islamic finance, a sector which currently sees an annual expansion rate of 15-20% and has an estimated value of $2 trillion as at 2014. Speaking at the latest educational clinic on Sharia-compliant funds organised by FinanceMalta on June 24thin collaboration with the Malta Funds Industry Association...
David Zahra has recently participated in a technical session organised by FinanceMalta, a public-private initiative set up to promote Malta as an international financial centre, in Milano, Italy. The event, held on Wednesday 7 May 2014, dealt with wealth management instruments and investments funds in Malta. David Zahra formed part of the first panel dealing with wealth management and,...
FinanceMalta will be organising an educational clinic on Shariah-compliant funds on 24 June 2014 at the Malta Financial Services Authority, Notabile Road, Attard. This will be the one of a series of educational clinics focusing on different facets of Islamic Finance products and business opportunities for Malta. David Zahra will be delivering a short presentation...
The Middle East Business Council within the Malta Chamber of Commerce, Enterpise and Industry is organising an event on the occasion of the visit to Malta of H.E. Mr Hamad Buamin, President and CEO of the Dubai Chamber of Commerce and Industry. The event is targeted at all those who are interested in doing business...
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