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.
The public relations function is often overlooked by Maltese companies, which regard it as the exercise of disseminating the odd press release to the media. In reality, at the core of any corporate public relations strategy, lies the necessity for an organisation to clearly communicate its values, mission and vision, to the public.
Bridging the gap between consumers and organizations is a process that begins during the research and development phases of brand creation, with the analysis of the target audience and the establishment of a mission, vision and values which resonate with it.
Over the past few years, automatic exchange of information has been viewed as the ultimate tool to combat tax fraud and tax evasion and following various amendments to the first Directive issued during 2011, the EU Directive 2018/822 (DAC6) was implemented to ensure mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements.
For 17 years, Grant Thornton has been tracking the global progress of women in senior management. In the last 12 months, unprecedented events have had an unforeseen and unparalleled impact on that progress.
Whether starting or changing to a new job, it is never an easy decision. Many valid candidates show great enthusiasm during the interviewing process and demonstrate a genuine interest in a new role that is being offered to them.
COVID-19 is adding significant complexity to deals for both buyers and sellers— including how to document the accounting implications of COVID-19 when negotiating and drafting purchase agreements.
In our previous instalment, we have highlighted the challenges of CEO succession. Talent development is another sensitive topic, which requires a broad approach strategy to ensure that the next generation will thoroughly understand its role in the firm’s future.
Planning the succession of the CEO in a family-run business requires a series of considerations and carefully planned decisions. In some instances, the person leading the board of directors may be resistant to being replaced.
Capital Markets play a pivotal role in supporting European companies’ recover from COVID-19. It is for this reason that the EU has approved a Capital Markets Recovery package, which includes several measures.
Family-owned businesses represent around 75% of all Maltese enterprises, with many having evolved through generations from small realities to fully-fledged multinationals. Over three decades, Grant Thornton has supported family businesses in planning and implementing solutions to navigate through the most challenging decisions.
This webinar was part of the online event "Shaping Malta's Future: The New Norm" which was held in July 2020. During this session the panelists discussed the impact that the pandemic had on the use of renewable energy sources.
In this webinar, we discussed the importance for government institutions to place the wellbeing of society at at the forefront when addressing sustainable development.
Regulators around the world are increasingly concerned at the use of boiler-plate disclosures and are keen to encourage businesses to make disclosures relating to COVID-19 meaningful and informative for the user.
If you are a British expat and you intend to keep on living and working in Malta after the expiration of 3 months from your date of arrival in Malta, then there are several obligations that you will have to comply with.
The Covid-19 pandemic was, and still is, a challenging time for sport activities, and it greatly impacted Maltese athletes.
The Coronavirus Pandemic took the world by storm. Covid-19 started off as an acute health crisis, and in turn, grew into an economic crisis.
