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Coronavirus Government Financial Aid Package

Most entrepreneurs looking to expand internationally focus on logistical and operational aspects, while failing to consider critical matters such as taxation, the legal framework or protection of business assets. When entrepreneurs make the step from operating as a sole trader to a corporate structure or formal partnership, they incorporate the legal entity in their own jurisdiction. Here are 4 aspects entrepreneurs should consider in their choice of jurisdiction for their online business.

In COVID-19 times, businesses are experiencing a slow but probably prolonged business interruption scenario of unprecedented magnitude. The Maltese and the multi-national business community in Malta are facing business interruption challenges including sickness, voluntary and possibly soon forced lock-down directives, major economic slow-down, significant dips in revenue and perhaps cash-flow problems. Inevitably, these necessitate important business decisions to ensure business continuity.

The legal implications of Maltese contract law may be vast in cases where a contractual obligation is delayed or not performed at all due to repercussions arising from measures taken in an effort to halt the spread of COVID-19. Is the counter-party able to sue for non-performance in such cases? Can 'force majeure' be cited as a defence?

This legal notice is an important development, clarifying how time-off work of an employee due to quarantine measures in place should be treated at law. The announcement of such legal notice has triggered a serious of reactions especially from employers, considering that this measure, introduces and added burden on them. Bodies representing employers have started discussions with the Government. The Government has in the meantime, announced a number of fiscal incentives to assist employers.

Malta Citizenship Programme Statistics for the period between July 2015 to June 2016. Malta Citizenship Programme Statistics show continued growth @ success

The Bolar Provision was established within the United States as a result of the Roche Products v Bolar Pharmaceutical judgement. Malta’s has taken a pro-active approach within this industry and has implemented the Bolar Provision during 2003. This has served to position Malta as a jurisdiction of choice for pharmaceutical companies, and this is reflected in the high number of pharmaceutical companies relocating to Malta on an annual basis.

In this article of The Executive, Dr Maria Chetcuti Cauchi discusses the manner in which Malta has adopted the Bolar Exemption and how it attracted reputable pharmaceutical companies to establish themselves within our shores. Dr Chetcuti Cauchi explores the Bolar Exemption, with particular emphasis on the safe harbours that the exemption presents in different countries.

The Bolar Provision typically defines circumstances in which the proprietors of a patent are precluded from preventing third parties from performing acts which are otherwise protected by patent law. The Bolar provision originated in the United States, by virtue of the judgement Roche Products v Bolar Pharmaceutical.

Overview on the role of the Malta Citizenship Regulator, the legal sources creating the Office of the Regulator IIP, rights, powers & duties of the Malta Citizenship Regulator, ORiip.