MISCO Directors Network (MDN), a network of individuals who wish to provide their services as directors on Malta companies, is launching its first workshop this month which will cover the theme: ‘The Challenges of Non-Executive Directorships’. MDN is creating a network of excellence of persons who are already in board directorship positions or who are interested in...
The Government of Malta has recently launched a new national energy policy following wide consultation with all stakeholders. The policy is based on a series of objectives aimed at diversifying the energy mix used in Malta while accelerating a shift in the energy culture. The policy is based on five main principles: diversification, security of...
Further to its signature in March 2011, the double taxation avoidance treaty with Uruguay came into force this week. The agreement with Uruguay is the first double tax treaty with any Latin American country. It seeks to create attractive conditions for Uruguayan and Maltese investors but, contains provisions intended to prevent tax avoidance through improper...
Malta and Mexico have, this week, signed a Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income. The purpose of the Convention is to remove the obstacles that double taxation presents to the development of economic relations between Malta and Mexico. The Convention provides for...
David Zahra, partner at Camilleri de Marco & Zahra Advocates, has recently participated in a Malta Enterprise business delegation to the State of Kuwait and the Kingdom of Saudi Arabia. The 10-strong business delegation brought together operators from different sectors such financial and professional advisory services, ICT services, audiovisual services as well as renewable energy....
The Double Tax Treaty (DTA) between Malta and the Kingdom of Saudi Arabia, signed in January 2012, has been approved by the Council of Ministers of Saudi Arabia on 17 September 2012. The law that would ratify the DTA was approved by the Majlis al-Shura, the Kingdom’s lower house of parliament, in April 2012 and...
Malta has ratified the Council of Europe/OECD Convention on Mutual Administrative Assistance in Tax Matters. The Convention is a free-standing multilateral agreement designed to promote international co-operation for a better operation of national tax laws, while respecting the fundamental rights of taxpayers. The Convention provides for all possible forms of administrative co-operation between the parties in the...
The Lotteries and Gaming Authority (LGA) has entered into a Memorandum of Understanding (MOU) on bilateral co-operation with the Isle of Man’s Gambling Supervision Commission. The MoU highlights the jurisdictions’ common values and delves into various other matters. The LGA and the Isle of Man’s Gambling Supervision Commission are working towards developing common responsible gambling measures...
The 25th edition of the Internal Market Scoreboard, issued by the European Commission on 8 October 2012, places Malta first for the eighth consecutive time. The Internal Market Scoreboard is issued twice a year and benchmarks Member States’ efforts in the implementation of Internal Market Law by recording the transposition deficit, which is the gap between the...
Malta has announced the introduction of the Malta Retirement Programme, a new tax programme for retirees from EU/EEA/ Swiss nationals to take up residence in Malta. The applicable rate shall be a fixed rate of tax of 15% with a minimum tax liability of €7,500 onto which €500 must be added for a dependent. An...
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
