FinanceMalta, a public-private initiative set up to promote Malta as an international financial centre, is organizing a seminar entitled “MALTA centro per i servizi finanziari: le opportunità per gli operatori italiani” (or “Doing Business in the Malta Financial Centre, Opportunities for Italy”), with the participation of Bank of Valletta and major law firms on the island....
Malta and the Principality of Liechtenstein have signed a ‘Treaty for the Elimination of Double Taxation’ in New York on 27 September 2013. The treaty is based on the OECD Model Convention and relates to taxes on income, on capital and on funds. The treaty delves into clarifying and governing the entitlement to tax treaty...
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...
Laguna Marina, an exclusive boutique marina on the Valletta waterfront managed by Mersenne Marinas Limited, will be inaugurated by the President of Malta on Thursday 26 September 2013. Laguna Marina is an all-weather marina and the only marina in Malta to offer an ‘all inclusive’ option to its clients providing clients assistance with berthing, refuelling,...
The Government of Malta is committed to continue developing Malta into an ‘excellent leading maritime centre in the Mediterranean’. Malta’s geographical position in the center of the Mediterranean Sea, Malta’s natural ports and the Maltese traditional culture are a fundamental basis on which the yachting industry will be developed. Over 500 people already work in...
The ‘Agreement for the Avoidance of Double Taxation and the Prevention of Tax Evasion with respect to Taxes on Income’ signed between Malta and the Republic of Turkey in 2011 will come into effect on 1 January, 2014. The DTA sets out a 10% withholding tax on dividends paid by a Turkish resident company to a Maltese company...
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...
David Zahra, founding partner at David Zahra & Associates Advocates, is now able to represent the firm’s clients for the purposes of applications to qualify under the ‘High Net Worth Individuals – EU/EEA/Swiss Nationals Rules’, the ‘Malta Retirement Programme Rules, 2012’ and the ‘Global Residence Programme Rules, 2013’. David Zahra is now able to serve...
Malta and Ukraine formally signed a Convention on avoiding double taxation in Kiev on 4 September 2013. The Prime Minister of Malta and the President of Ukraine signed the agreement as part of a working visit discussing a range of issues including trade exchanges, investment and energy. The Government of Malta stated that the signing of this...
The Maritime Labour Convention (MLC), ratified by Malta in January 2013, has entered into force on 20 August 2013. The MLC is a landmark instrument setting out decent working and living conditions for seafarers while creating conditions of fair competition for ship-owners. The MLC also seeks to consolidate and modernize more than 68 international labour...
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Designed and developed by Blonde and Giant
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