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.
Since Malta became an attractive hub for gaming companies, it has turned into a multi-cultural country with all the capabilities to host the nomad family.
Enabling a culture shift: Covid, FATF and an alternative outlook to GDP and beyond
Financing during and post Covid-19
Championing risk management through sustainability
Government strategies to drive business sustainably
Malta’s way forward: sustainable recovery, development and growth
The evolution of corporate finance and digital economy
Malta and the Great Reset: sectors and skills that will drive growth
The question of whether remote working will be the new norm has to be considered by examining the problems that could possibly inhibit such a new reality On one hand, firms benefit from less office space and less commuting time On the other hand, issues of work life balance, decentralisation of control, and the path towards an efficient productivity cap diminish this possibility This
The “Great Reset” will see the alignment of the economy with the most pressing social issues. How can Malta capitalise on this monumental change and make sure that its workforce will be equipped with the skills necessary to succeed in this brave new world?
The last two decades has shown that the globe is not static as major events such as the economic recession, the introduction of new technologies, terrorist attacks, environmental incidents, health emergencies and the introduction of new regulatory requirements occurred. These elements also impacted the corporate world and in fact, various studies found that 8 of the 10 most important business risks are directly related to environmental or social issues. For instance, risks in relation to reputation and brand, legislative change, the ability to attract top talent, and third-party liability are directly affected by sustainability issues.
Covid-19 has accelerated the digitisation of business processes – from product inception to customer interaction and work practices. A 2020 study by McKinsey showed that in 2019, the average share of digital customer interactions amounted to 32% of all customer interactions, while the share of products and/or services that were partially or fully digitized made up for 34% of all goods and services in Europe.
In recent years, money laundering (hereinafter referred to as ‘ML’) has gained notoriety due to major cases such as the Panama papers. This notwithstanding, ML existed for much longer than this but due to this crime being static, information remains dispersed and vague. The purpose of this article is to explore the development of ML over the years and how it impacted the knowledge about the subject today.
Themed “Shaping Malta's Future: Governance and Sustainability”, this year’s online forum will address how sustainable development is key in order to reignite the Maltese economy momentum after COVID-19, what organisations learnt, how businesses can mitigate deficiencies brought to light by the pandemic and what sustainable safeguards can be introduced to prevent similar market disruptions in the future.
