David Zahra & Associates Advocates was recently invited to participate in an event co-ordinated by the Milano representative office of Bank of Valletta on Malta’s offerings in terms of wealth management.
The event, held on 9 October 2018, was an exclusive one open only for members of the “Golf Club Castello Tolcinasco”, one of the most famous and exclusive golf clubs in Italy.
Dott Simone Meneghini (BOV) first highlighted the various historic milestones that led to Malta’s emergence as a reputable international economic and financial services jurisdiction. Dott Meneghini also explained Malta’s key successful factors.
Mr Aldo Scardino (BOV Wealth Management) discussed Malta’s macro-economic performance and robustness as a jurisdiction of choice. Malta’s bank sector and its relative soundness, as well as Bank of Valletta’s strengths and credentials as a reliable partner for doing business in and from Malta. He concluded his presentation by explaining BOV’s wealth management and private banking services, and the attractiveness of managing one’s wealth from Malta.
David Zahra then concluded the event by highlighting and explaining the different wealth management instruments and tools offered by Malta’s legal and regulatory framework, with particular focus on the corporate vehicle, private trust companies, family trusts and foundations. David Zahra also gave a brief explanation of Malta’s tax treatment of companies registered in Malta.
