The introduction of the Companies Act (Shipping and Aviation Cell Companies) Regulations (the “Regulations”), has allowed companies in the shipping and aviation industry to create cell companies. Similarly, a company already engaged in such business may convert its structure into a cell company, provided that such change is authorised by the memorandum and articles of...
Since the introduction of the Aircraft Registration Act (the “ARA”) in 2010, and with it accession to the Cape Town Convention and the Aircraft Protocol, registrations of aircraft with the National Aircraft Register and successful applications for Air Operator’s Certificates have steadily and continuously gathered momentum. In order to build upon this success and the...
The Malta VAT department has recently (April 2016) issued guidelines on the VAT treatment of aircraft leasing which guidelines supersede the guidelines issued back in October 2012. The new guidelines aim to simplify the computation of the effective VAT rate that applies to the long-term leasing of private aircrafts to non-business customers. The guidelines establish...
DZ&A has recently attended the ‘London on Water’ boat show organised at St Katharine’s Dock as well as the Superyacht Owners’ Summit at Old Billingsgate, in London. St Katherine’s Dock showed off the new lines from Princess and Sunseeker. Old Billingsgate, on the other hand, showcased an array of services offered relating to land, air and sea....
As of 25 August 2016, all non-commercial operations of complex motor-powered aircraft which have their principal place of business or residence within a member state of the European Safety Agency (EASA) is to comply with the Part-NCC regulation. Part-NCC is an EU regulation that seeks to harmonise levels of safety between non-commercial operations and commercial airlines...
As of 2010, Malta has been a party to the Cape Town Convention which is implemented through the Aircraft Registration Act of 2010. Upon ratification of this Convention the aircraft field in the country changed significantly placing Malta on the map for aircraft registration and security, with registration of aircraft having reached its highest point...
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...
The Government of Malta has recently issued Legal Notice 225 of 2015 which brings into force amendments to the Highly Qualified Persons Rules. The Highly Qualified Person Rules apply a beneficial tax rate of 15%, on employment income derived in respect of work or duties carried out in Malta, to individuals holding a senior position...
The Government of Malta and the State of Kuwait have signed an agreement covering the aviation sector. This agreement provides for regular flights between Malta and Kuwait, which will aid in the movement of people and investment between the two countries. The Agreement provides for all the necessary services to allow for this to be...
Malta’s aviation sector is set to develop and boom in the upcoming years, Malta’s Tourism Minister was reported to have said during the launch of the Malta International Air Show 2013. The Government of Malta is putting in place a new national aviation policy to implement increased investment in the aviation sector, enhance the island’s...
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© 2022 – DAVID ZAHRA & ASSOCIATES ADVOCATES
Designed and developed by Blonde and Giant
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