Globalisation has left a strong imprint on the Maltese economy, and nowhere is this more evident than in the role of foreign-controlled enterprises. According to data published by National Statistics Office (Malta) in its Foreign Affiliates Statistics 2023 release, only a small share of enterprises in Malta are under foreign control, but their contribution to...
On 2 September 2025, Malta issued Legal Notice 188 of 2025, introducing a 15% final income tax option the Final Income Tax Without Imputation Regulations, 2025. Under these new Regulations, any body of persons qualifying as a company or opting to be treated as a company under the Income Tax Act, may, as from basis year 2024 (year of...
Which projects are eligible to funding? Are you a small business, voluntary organisation, local council, or school in Gozo or the Xlokk region of Malta looking for EU funding? The LEADER Programme is now open, offering between €5,000 and €50,000 to support projects that foster sustainable development, boost the local economy, and safeguard cultural heritage...
You’ve built a business – perhaps even an empire. You’ve poured your life into it. But what happens when you step away? For many family businesses, the answer is a slow and painful decline. Succession isn’t just a business problem; it’s a family problem. Founders hold on too tightly. Siblings clash. Heirs inherit responsibility without...
The short answer is no, and not even close. Yet the belief that tourism makes up such a large share of Malta’s economy is widespread. Part of the explanation lies in visibility. Tourism is highly noticeable, especially in the summer months when the influx of visitors fills beaches, restaurants and streets. The other part stems...