Malta’s Aircraft Register Ensures Flying High

Aviation in Malta is an evolving success story. The island is attracting more and more multinationals to establish their flight operations in the heart of the Mediterranean because Malta ticks all the right boxes when it comes to a sound legal framework, highly competitive registration fees, favourable tax treatment, EU membership and above all compliance…

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IGaming – A world of opportunities

Malta is one of the most important gambling hubs in the world, pushing to bring more operators to our shores. The gambling industry makes up around 12% of the annual GDP of the country, so it’s big business here. Many more operators are also locating to Malta, as Brexit has an impact on Gibraltar. It seems that…

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New Individual Investor Programme Agency set up in Malta

Legal Notice 384 of 2018, Individual Investor Programme of the Republic of Malta (Amendment) Regulations, 2018, and Legal Notice 385 of 2018, Malta Individual Investor Programme Agency (Establishment) (Amendment) Order, 2018 were published on the 16th November 2018 in the Government Gazette, with the aim of setting up a new and separate agency which will be responsible for the Malta…

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Why Blockchain ?

If you keep tabs on the fintech, then you are already well familiar with the hype machine known as blockchain. But, there are still plenty of people who have either never heard of the blockchain or misunderstand the technology and it’s potential. What’s the big deal, then? Even if you’re not interested or involved with…

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The Key Employee Initiative Launched – A Fast Tracked Single Permit Scheme

Identity Malta Agency launched the Key Employee Initiative (KEI) providing a fast-tracked service to highly-specialized Third-Country Nationals who are employed in Malta. The scheme will facilitate the issuing of work/residence permits to prospective key employees within five working days from the date of submission of the applications. Who is eligible to apply?   The KEI…

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Blockchain with startups

How Blockchain Can Protect Your Startup Business? Working in the cryptocurrency industry in 2018 is like being the most interesting person at a party: Everyone is curious about you, everyone wants to learn more about what you do and everyone has questions. There is something enigmatic about crypto companies. The market overall is on track to exceed…

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Guidelines in Relation to Distributed Ledger Technology (DLT)

Guidelines concerning the taxation of DLT Assets under the Income Tax Act, the VAT Act and the Duty and Documents and Transfers Act were published by the Commissioner for Revenue.   Download the respective files through the links below; Guidelines on Income Tax Treatment in Relation to Distributed Ledger Technology (DLT) Guidelines for the purpose of…

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Blockchain Laws To Come Into Force 1st November 2018

Malta has fast become a global leader in the regulation of blockchain-based businesses and the jurisdiction of quality and choice for world class fintech companies. Bringing professionals who understand and embrace decentralised technology together with the island’s best legal minds. As expected and by virtue of Legal Notice 306 of 2018 and Legal Notice 307…

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MFSA publishes FAQ document about The Virtual Financial Assets Framework

The Malta Financial Services Authority has published a document outlining frequently asked questions in relation to the Virtual Financial Assets Framework. It provides key information on the framework itself, classification of DLT assets, VFA agents, Initial Virtual Financial Asset Offerings, VFA service providers, AML/CFT requirements and transitory provisions. It was compiled as a result of…

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