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.
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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.
Housing market outcomes are the result of the interaction between user demand and supply of housing. For several years, additional housing demand exceeded additional housing supply leading to exceptional growth in selling prices. However, over the past two years, house prices grew at a slower pace. Thus, understanding the historical and expected developments in the demand and supply of housing is key for anticipating likely developments in the selling price of housing units.
For many years, the Maltese rental market was constrained by rental regulations. In the years preceding 1995, the Maltese property market witnessed excess property demand. This required property owners to either rent out their vacant property at below-the-market prices, or else sell their property. Many lessors followed the second course of action, resulting in a higher tendency for lessors to sell their property rather than rent.
The Maltese housing market has had an exceptional few years. In fact, the price increases have been so substantial that a property purchased in 2013 at €130,000 would cost €260,000 in 2022. This means that the housing prices have essentially doubled in a mere nine years.
From reporting periods starting 2024 onwards, the Corporate Sustainability Reporting Directive (CSRD) will require all large companies to report on sustainability policy and performance.
Investors, customers, governments, and the wider public are putting companies under ever greater pressure to place sustainability at the heart of their business models. In this article, we look at how the mid-market is responding – and what practical steps firms can take to embrace a more sustainable approach.
Applying for a medical cannabis license in Malta requires you to abide to specific technical requirements and present a comprehensive due diligence and business plan to Malta Enterprise. Grant Thornton is ready to assist you with all your queries and to initiate the application process.
Sustainability is often referred to as “meeting the needs of the present without compromising the ability of future generations to meet their own needs”. Such needs fall under the umbrella of the ESG (environmental, social, governance) pillars. The scope of this article is to analyse each pillar and its impact on businesses.
Sustainable finance differs from traditional finance. As environmental, social and governance (ESG) considerations relative to investment decisions within the financial services sector started gaining traction along the past few years, a fundamental question emerged, being ‘why is sustainable finance deemed important?
The first session ‘Practical accounting for beginners- Bookkeeping’ will start off with a basic introduction on accounting and the founder of accounting.
The procedures involved in voluntary liquidation of a company.
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
