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Double taxation Agreement between Malta and the United Arab Emirates

Successive Maltese governments have sought to enter into double taxation agreements with other countries to encourage international trade and the growth of financial services, while at the same time curbing tax evasion.


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Employment Income Taxation in Malta

If you are a resident and work in Malta, you are subject to pay Income Tax to the Inland Revenue Department. Taxation in Malta follows similar employment brackets to the rest of the EU. Income Tax contributions scale up as income increases and there are five brackets where the range spans from 0% up to 35% taxation on income. There are three rates - one for single individuals, one for married couples and one for parents.


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Budget 2015 Highlights

Income tax to be reduced to 25%
Excise tax of 20% per litre on wine


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Acquire a Bank Licence in Malta

Introduction Banks in Malta are regulated by the Banking Act, 1994 (hereinafter referred to as the ‘Act’) together with the Banking Rules provided by the Malta Financial Services Authority (hereinafter referred to as ‘MFSA’), which are binding on licence holders. The business of banking is defined in the Act as the business of a person who accepts deposits of money from the public withdrawable or repayable on demand or after a fixed period or after notice, or who borrows or raises money from the public (including the ...


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Malta - Curacao Double Taxation Agreement initialled

  Malta and Curacao have started negotiating a double taxation agreement aimed to facilitate business and provide for exchange of information on tax matters to combat international tax avoidance and evasion. The agreement needs to be signed and ratified before it enters into force.


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Malta one of top-20 Financial Services Jurisdictions

The Malta Financial Services Authority in its September newsletter has stated that according to the World Economic Forum (WEF) Malta has been classified as one of the top-20 financial services jurisdictions due to its sound banking infrastructure and Security Exchanges and significant improvement in its health and primary education sectors. Malta i...


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Malta Fully Compliant with Transparency and Exchange of Information for Tax Purposes International Standards - OECD

According to the report drawn up by the OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes, Malta is in full conformity with the international requirements on transparency standards and exchange of information for tax purposes. This gives testimony to the strong reputation that Malta has as a law-abiding jurisdiction. To re...


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Malta shows 'Remarkable Resilience' in face of major crisis in Europe - IMF

The International Monetary Fund said that Malta has shown 'remarkable resilience' amdist the major European crisis and the main challenge that Malta faces is to maintain its macroeconomic stability. The average growth of the Maltese economy was the best in the euro zone since the beginning of the crisis. This resilience was underpinned by robust export ...


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Escrow Services

Due to the increase of global commercial transactions, there has been a demand for third parties to a commercial transaction to hold an asset, such as monies, funds or immovable property and deliver the same to a grantee once the agreed conditions have been met. The commercial transaction and the conditions thereto, as well as the identification of the parties to the transaction and the escrow agent are generally specified in an escrow agreement. Integritas Group Ltd is authorised to act as a trustee and provide fiduciary services under the...


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Electronic Money Institutions in Malta

Electronic Money Institutions in Malta are regulated by the Financial Institutions Act, Chapter 376 of the laws of Malta (hereinafter referred to as the ‘Act’) following Directive 2009/110/EC (hereinafter the ‘Directive’) and are defined as those institutions which are licenced by the Malta Financial Services Authority (hereinafter referred to ‘MFSA’ or the ‘competent authority’) authorised to issue electronic money. Electronic Money is defined by the Third Schedule of the Act and refers to electroni... 


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