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Changes to Maternity Leave System

The Government has published two Legal Notices in relation to the changes to the maternity leave system: – the Trust and Trustees (Maternity Leave Trust) Regulations (Legal Notice 257 of 2015); and – the Social Security Act (Amendment of Tenth Schedule) Order, 2015 (Legal Notice 258 of 2015). As of 1 July 2015, a Maternity Leave Trust has been...

DZ&A in Ship2Shore Malta Supplement

Malta’s position as a key player in the world’s maritime industry has led to the establishment of a reputable flag of choice, confidence and quality, through the open Maltese register for ships, bareboat charters and mortgages. This was highlighted by David Zahra in an article published in a Special Supplement dedicated to ‘Malta: Transport Shipping &...

Highly Qualified Persons Rules amended

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...

Malta’s decision to retain PIFs alongside AIFMD regime lauded at Milan seminar

Malta’s decision to retain its “professional investor fund” regime alongside the AIFMD regime was acclaimed by both speakers and participants at a seminar organised by the international law firm Withers, Bank of Valletta, Valletta Fund Services and David Zahra & Associates Advocates. The seminar, entitled “Ahead of the curve: il mercato unico degli AIF in...

Regulation on EU long-term investment funds published

The Regulation on European long-term investment funds was published in the Official Journal of the European Union on 19 May 2015. The regulation sets out a new investment fund framework designed for investors who want to invest money into companies and projects for the long term. It contains harmonised rules for the authorisation, investment policies and...

Maltese companies top the 70,000 mark

Evidence of Malta’s growth as a domicile of choice for the incorporation of companies is the number of companies being registered with the Registry of Companies in recent years. The number of companies registered in Malta has now topped the 70,000 mark, the Minister for Finance said during a half-day conference organised by the Malta Law...

DZ&A on Swiss-Maltese Chamber e-Newsletter

The factors contributing to Malta’s excellent offering as a luxury expat location of choice were highlighted in an article David Zahra wrote for ‘The Telegraph, the e-letter of the Swiss-Maltese Chamber of Commerce which was published on 28 November 2014. The article describes the recently unveiled “The Residence Programme” (for EU/EEA nationals), the “Global Residence Programme” (for non-EU/EEA...

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Designed and developed by Blonde and Giant