Are You Ready For The New GDPR Update?

Are You Ready For The New GDPR Update?

What is GDPR? The EU General Data Protection Regulation (GDPR) will be enforced on 25th May 2018. The GDPR was designed to provide protection of all EU citizens from any infringement of data. Although the salient principles of the previous directive will remain...
Rapid Growth in Maltese Aircraft Registry

Rapid Growth in Maltese Aircraft Registry

In the past, Malta has established itself as a base for maritime activity. Recently, Malta underwent changes whereby it has established itself to be an appealing jurisdiction for the registration of both commercial and private aircraft registrations. Despite its...
Valletta18: Perfect Timing for Investing in Malta

Valletta18: Perfect Timing for Investing in Malta

Valletta18 provides an essential opportunity for businesses to invest more in Malta. Contributing to the steady growth Malta achieves yearly, Valletta18 provides more opportunities for tourism mainly during non-peak times of winter. As a result, businesses are able to...
What is the Notional Interest Deduction?

What is the Notional Interest Deduction?

During the Budget Speech, the Minister of Finance introduced the concept of the Notional Interest Deduction by means of Legal Notice 262 of 2017. The Notional Interest Deduction (NID) focuses on creating a balance between the tax treatments of equity with that of...
How does the Budget affect you?

How does the Budget affect you?

Malta Budget 2018 In the last year the Maltese economy has flourished. A budget surplus of €88m for 2017 has been recorded, female participation rates have increased by 3.1%, and a record unemployment rate of 4.1% has been established. And Budget 2018 has much more to...
Amendments Made to Fringe Benefits Rules

Amendments Made to Fringe Benefits Rules

New Legal Notice In August 2017 a new legal notice was published, bringing about several changes and updates relating to the local Fringe Benefit Rules. Bearing in mind the increase in teleworking and cross-border contracts, the new legal notice provides more...