Insights

MFSA issues Consultation Document on Chapter 3 of the FIR
Financial Institutions Rulebook up for Review MFSA issues Consultation Document on Chapter 3 of the FIR
The Malta Financial Services Authority (MFSA) launched a consultation process to revise Chapter Chapter 3 of the Financial Institutions Rulebook (FIR/03).
Wayne Pisani
| 1 min read |
Accelerated deductions in respect of Intellectual Property and Intellectual Property Rights
Article 14(1)(m) Accelerated deductions in respect of Intellectual Property and Intellectual Property Rights
Article 14 remains one of the most important articles within Malta's Income Tax Act, in view of the deduction pertaining to expenditure of a capital nature in relation to Intellectual Property ("IP") or Intellectual Property Rights ("IPR").
Yanika Muscat
| 1 min read |
Enhancing anti-financial crime compliance and risk management: A focus on the FIAU's supervision findings for 2021 and 2022
The Enforcement Factsheet Enhancing anti-financial crime compliance and risk management: A focus on the FIAU's supervision findings for 2021 and 2022
In recent years, Malta has witnessed drastic changes in measures being implemented to effectively combat money laundering and funding of terrorism. This is even evident in the increased efforts by the FIAU to ensure that all subject persons are doing their part in the prevention, detection, and mitigation of these crimes.
Andre Azzopardi
Lia Carr
| 6 min read |
Attracting Global Talent | A Closer Look at Article 6 of the Income Tax Act
Article 6 of the ITA Attracting Global Talent | A Closer Look at Article 6 of the Income Tax Act
The demand for highly skilled workers within the investment services sector and insurance sector has expanded rapidly over the past years. In view of this, Article 6 within Malta’s income tax framework remains one of the most beneficial regimes aimed at attracting such workers to work for companies licensed and/or authorised by the Malta Financial Services Authorities. Such expatriates can benefit from a favourable tax status due to the tax exemptions as provided under the same mentioned article.
Yanika Muscat
| 3 min read |