The Company Service Providers Act, Cap. 529 (Act No. X of 2025) came into force as of 16 May 2025, introducing significant changes for anyone providing company services in or from Malta. These services include acting as a director or company secretary. The most notable change, however, is in relation to directors or company secretaries...
The Budget Measures Implementation Act 2025 introduces several tax-related measures, most of which are effective as from 17 April 2025, and a summary of these measures is contained below. Vacation of Immovable Property The Income Tax Act already exempts any gain arising from the transfer of one’s own residence, if it has been occupied for...
The Malta Tax and Customs Administration (MTCA) recently announced the establishment of the Large Taxpayer Office (LTO) designed to provide a specialised, coordinated, and integrated service to large companies as well as High Net Worth Individuals (HNWIs) who meet specific eligibility criteria. The eligibility criteria for companies are: Annual turnover exceeding €20 million in any year of...
The Malta’s Flag strength relies on a consolidated set of rules aimed at protecting creditor interests and confidence in our flag. Over the last few decades, this has facilitated owners’ access to credit facilities and led to a substantial growth for Malta’s flag. For this reason Malta decided to introduce additional tools in the recently...
In today’s competitive business landscape, securing financial support through funding schemes can be a game-changer for companies looking to expand, innovate, or improve their operations. Government and the European Union offer various funding opportunities that can help businesses achieve their goals without bearing the full financial burden alone. EMCS is here to help you navigate...