The Budget Implementation Act, 2025 (the "Act") introduces amendments to the Income Tax Act, the Income Tax Management Act, the Duty on Documents and Transfers Act, and the VAT Act. Most changes take effective from the date of publication unless stated otherwise.
Malta is positioning itself as a platform to enable entrepreneurship and businesses to prosper and achieve their international ambitions. With a high ratio of AI startups to residents and a supportive environment for innovation, Malta offers a unique opportunity for businesses looking to expand in the tech sector. The country's strategic geographic location, robust regulatory framework, and government support make it an attractive destination for tech startups and investors.
Starting January 2025, small businesses can enjoy VAT exemptions on cross-border EU trade without multi-jurisdiction registrations.
Malta was voted as Europe’s favourite destination for those looking to relocate, thanks to the ease of settling in, low language barrier, low cost of living and enviable weather. The islands also placed fifth in terms of ‘personal safety and security’.
Grant Thornton are pleased to advise that it has been appointed as Corporate Advisors for Klikk Finance p.l.c. in respect of an issue of €2,000,000 5.25% Unsecured Bonds 2027.
Grant Thornton are pleased to advise that it has been appointed as Corporate Advisors for Orion Finance p.l.c. in respect of an issue of €5,000,000 4.75% Unsecured Bonds 2027.
Exploiting the full potential of Blockchain requires a solid technology infrastructure, along with the necessary skills to set it up, maintain and operate it.
The Family Business Act came in to force in January 2017 with the aim of facilitating the transfer of family businesses from one generation to the next with the hope of addressing significant succession planning issues.
The Malta Financial Services Authority (MFSA) has revised the application process for collective investment schemes in Malta and introduced new application packs for Professional Investor Funds (PIFs), Alternative Investment Funds (AIFs) and Undertakings for Collective Investments in Transferable Securities (UCITS).
