Dr Priscilla Mifsud-Parker, Senior Partner, has been re-elected Chair of the Malta branch of STEP, the Society of Trust & Estate Practitioners. This will mark Priscilla’s third term at the helm of STEP in Malta following two successful years as Chair. Prior to this, Priscilla acted in the STEP Malta Branch Committee for several years in the role of Secretary and Chair of the Technical Committee.
For the last 22 years, the 26th of April has been celebrated as World Intellectual Property Day. The main aim of celebrating Intellectual Property Day is to raise awareness of how patents, copyright, trademarks, and designs impact on daily life as well as to celebrate creativity and the contribution made by creators and innovators to the development of societies across the globe.
07 Apr 2022 Admin
Chetcuti Cauchi Advocates have announced the admission of Dr Charlene Mifsud to the firm’s partnership.
On 22 February 2022, the Malta Financial Services Authority (“MFSA” or “Authority”) launched a month-long consultation on a new proposed Corporate Governance Code. This Code is being regarded as vital in fostering and enhancing governance, culture and conduct of Maltese entities.
By virtue of Legal Notice 105 of 2022, the Minister for Finance and Employment has recently amended the existing Qualifying Employment in Aviation (Personal Tax) Rules S. L. 123.168 (Principal Rules).
Malta publishes An Act to Amend the Companies Act with the primary changes focusing on the use of digital tools and processes as well as the appointment and the holding of office of directors and other company officers.
The Malta Commissioner for Revenue has opened a consultation exercise in December 2021 on Draft Transfer Pricing Rules
Malta Citizenship Statistics Issued
The Residency Malta Agency which regulates the Malta Permanent Residence Programme (MPRP), and the Malta Nomad Residence Permit has issued for the first time statistics on Malta’s residence by investment programme going all the way back to 2016. The statistics cover both the Malta Residence and Visa Programme which has now been repealed and the Malta Permanent Residence Programme which was launched last year.
The Malta Nomad Residence Permit launched in June 2021 has proven to be a very successful initiative to attract non-European digital nomads to reside and work from Malta.