More than ever, it is of utmost importance that you have assurance that you are paying the right amount of tax while at the same time ensuring your stakeholders have a clear and positive perception of your business. Tax legislation is constantly changing and becoming more and more complex, so it is vital to know how the rules affect you.

When making financial decisions, both corporate and personal, it is critical that tax considerations are always taken into account. We must remember that tax can be saved as well as paid. The only way one can avoid unexpected drawbacks and identify opportunities to mitigate tax is by working with someone who is experienced and knowledgeable of the current tax laws and their implications.

At Grant Thornton we make it a point that you receive the most effective tax solutions to help you achieve your targets, no matter if you’re an individual, a small business, an entrepreneur or a large business on a multinational level.

Our Tax services

Direct international tax

Direct international tax

Indirect international tax

Indirect international tax

Global mobility services

Global mobility services

Transfer pricing

Transfer pricing

Estate planning

Estate planning

Wealth advisory

Wealth advisory

Trust and trustee services

As an entrepreneur, business owner, parent or guardian, you will want to ensure that whatever happens in the future, the rewards from your hard work can be protected as efficiently as possible. Grant Thornton Fiduciaire Limited (Grant Thornton) understands this and provides a professional and holistic trust management service.

Regulatory and legal

Regulatory and legal

Medical cannabis licensing in Malta

A study published in 2018 by market intelligence and strategic consultancy firm Prohibition Partners, has forecasted that the European cannabis market will be valued €115.7 billion by 2028. According to the same study, while patient numbers are currently below 100,000 across the region, their number is set to grow to over 30 million in the next decade. In 2018 Malta introduced a bill to legalise the use of medical marijuana and attract companies willing to produce high-grade medical cannabis for the European market.

Corporate tax services

Corporate services

Ship and aircraft registration

Ship and aircraft registration

Company formation

Company formation

Financial regulatory services

Financial regulatory services

VAT

At its simplest, VAT is a tax on consumption and is a multi-stage tax (ie applied at every stage of the production process), which is applied to both goods (ie tangible property) and services. Additionally, although the tax is ultimately borne by the consumer (by getting included in the price paid), responsibility for charging, collecting and passing the tax on to the tax authorities, rests with the supplier.

2018 Amendments of the Income Tax Act

The following is a brief overview of the new tax provisions introduced in 2018 by the Budget Implementation Act (Act VII of 2018) and other legislative enactments

Family trusts

The law establishes the requirement of a license for one to be able to act as a trustee subject to certain limited exceptions. One such exception is found in the Rules for Trustees of Family Trusts which provide for an exception to this rule where a trust is set up to hold property settled by a settlor or settlors for the present and future needs of family members or of family dependants who are clearly identifiable.

Get in touch
Partner | Head of tax, regulatory and compliance | International Liaison Director
Wayne Pisani
Wayne Pisani
Partner | Head of tax, regulatory and compliance | International Liaison Director
Wayne Pisani