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Expert articles on company formation, tax planning and life in Malta. Practical knowledge for entrepreneurs and private individuals.

194 articles

DAC8 and CARF: what the new crypto reporting rules really mean for crypto investors in Malta

Crypto platforms across the EU have been collecting transaction data since January 2026, with the first automatic reports due to tax authorities in 2027. Here is what DAC8 and CARF actually mean for crypto investors resident in Malta - and what is worth checking before that first data transfer.

Read more: DAC8 and CARF: what the new crypto reporting rules really mean for crypto investors in Malta

Verbal Warnings in the Workplace: What Employers Should Know

Verbal warnings are generally recognised under Maltese employment law, but they present significant evidential challenges in practice. Courts and the Industrial Tribunal place strong emphasis on proper documentation and structured disciplinary procedures. Without clear records, verbal warnings may carry little weight in disputes, particularly in cases of dismissal. Employers are therefore encouraged to document even informal warnings to ensure transparency, clarity, and legal protection.

Read more: Verbal Warnings in the Workplace: What Employers Should Know

Working in Malta – How much income tax do I have to pay in 2024?

When thinking about relocating to another country and taking up a job there, one question that people will usually ask is how much the income tax and other deductions from the salary are, and how much the cost of living is. Malta offers an interesting taxation on income tax, and especially high earners can benefit […]

Read more: Working in Malta – How much income tax do I have to pay in 2024?

Tax Advantages in Malta 2026 – Relocating Your Business

Malta is known for more than just its Mediterranean scenery; it offers a highly efficient tax framework for international business. For entrepreneurs and investors, understanding the Malta tax system—specifically the refund mechanism that can reduce effective tax to 5%—is crucial. This guide covers the essentials of the Maltese tax framework for 2026.

Read more: Tax Advantages in Malta 2026 – Relocating Your Business

Obtaining a Gambling Licence from the Malta Gaming Authority (MGA)

Operators wishing to provide gaming services in or from Malta require a licence issued by the Malta Gaming Authority (MGA). The law provides for four distinct licence classes, depending on the nature of the games and the operator's business model. At DW&P, we have guided numerous companies through this complex application process.

Read more: Obtaining a Gambling Licence from the Malta Gaming Authority (MGA)

Filing Your Tax Return in Malta: A Guide for Individuals and Entrepreneurs

Just like in most countries, residents in Malta are required to submit an annual tax return. This applies not only to business owners and the self-employed but also to private individuals who have relocated to the island. At DW&P, we assist clients with this process daily. Here is an overview of deadlines, the "Non-Filer" status, and the minimum tax rules.

Read more: Filing Your Tax Return in Malta: A Guide for Individuals and Entrepreneurs

The Company Secretary in Malta: A Complete Guide to Roles and Responsibilities

The role of a Company Secretary in Malta is often misunderstood as purely administrative. In reality, it is a vital officer position responsible for corporate governance and statutory compliance. This guide covers the requirements, legal duties, and the profile needed for a Company Secretary in a Malta Limited.

Read more: The Company Secretary in Malta: A Complete Guide to Roles and Responsibilities

Yacht Registration in Malta: The Complete Guide

Malta is one of the world's most respected jurisdictions for yacht registration, thanks to its strategic location, English-speaking environment, and attractive tax framework. Whether for private enjoyment or commercial chartering, the Malta flag offers flexibility and security. Here is everything you need to know about the process and benefits.

Read more: Yacht Registration in Malta: The Complete Guide

Starting Fresh vs. Relocating: Why a New Malta Company Often Makes More Sense

Why go through the hassle of relocating an existing business to Malta when starting fresh could be simpler and more profitable? In this guide, we explain why establishing a new Malta Limited is often the smarter choice to avoid unnecessary scrutiny and exit tax complications.

Read more: Starting Fresh vs. Relocating: Why a New Malta Company Often Makes More Sense

Company Formation in Malta or Cyprus: A Direct Comparison

Dreaming of life on a beautiful Mediterranean island? Malta and Cyprus offer more than just stunning scenery and a relaxed lifestyle; they are increasingly popular choices for both living and establishing a business. Discover the key reasons for relocating your residence or company, why the EU is a smart choice for emigration, and what to consider when setting up a company abroad.

Read more: Company Formation in Malta or Cyprus: A Direct Comparison

Moving to Malta with Children: A Complete Guide to Schools and Family Life (2026)

Relocating to Malta with a family brings a unique set of questions: What is the education system like? Is it comparable to the UK or US? How do kindergartens operate? Sabrina Krainer, a mother and DW&P team member living in Malta, shares her personal experiences and practical insights on raising children on the island.

Read more: Moving to Malta with Children: A Complete Guide to Schools and Family Life (2026)

Moving to Cyprus: Why the Mediterranean Island is Attracting More Expats Than Ever

Cyprus is steeped in history, blessed with stunning beaches, and enjoys a mild climate year-round. But there is more to it than just holiday vibes. In recent years, the island has become a magnet for international expats looking to put down roots. So, what makes Cyprus such an attractive destination? From tax incentives to lifestyle perks, here is everything you need to know about relocating to Cyprus in 2026.

Read more: Moving to Cyprus: Why the Mediterranean Island is Attracting More Expats Than Ever

4 Reasons Not to Form a Malta Limited in 2026

We receive inquiries daily from entrepreneurs looking to set up a Malta Limited. While the effective 5% tax rate is attractive, it is not a one-size-fits-all solution. From CFC rules and substance requirements to the €250k profit threshold, we outline the four main reasons why a Malta setup might not be right for you—and when it actually makes sense.

Read more: 4 Reasons Not to Form a Malta Limited in 2026

Employment Contracts in Malta: Key Facts for Expats

Article by Dr. Andreas Huebner: If you are moving to Malta for work, understanding the legal requirements for employment contracts is essential. While non-EU nationals require a specific residence permit to work, EU citizens enjoy a streamlined process involving simple registration. This guide covers the necessary authorities—including Identità and JobsPlus—and explains which country's laws apply to your contract.

Read more: Employment Contracts in Malta: Key Facts for Expats

Malta vs. Cyprus: Which is the Better Business Location?

When looking to optimise your corporate tax burden, moving operations abroad is a common consideration. However, this decision requires careful planning—setting up a shell company is no longer a viable strategy. We compare two of the most popular jurisdictions, Malta and Cyprus, to explain why Malta often comes out on top for international business owners.

Read more: Malta vs. Cyprus: Which is the Better Business Location?

Yacht Registration in Malta: A Guide to Commercial and Pleasure Licences

Yachts are timeless assets, whether for business or leisure. Beyond choosing the vessel itself, the jurisdiction of registration is a crucial decision. Malta has established itself as a prime location for yacht owners, offering distinct advantages in terms of VAT efficiency and operational flexibility.

Read more: Yacht Registration in Malta: A Guide to Commercial and Pleasure Licences

Auditing Requirements for a Malta Limited Company

When setting up an international company, planning is everything. At DW&P, we believe in total transparency. You need to understand not just the incorporation process, but the ongoing obligations to the tax authorities. Every Malta Limited requires an annual audit—here is what you need to know about the process and why clean bookkeeping is the key to success.

Read more: Auditing Requirements for a Malta Limited Company

Opening a Corporate Bank Account in Malta: What You Need to Know

Setting up a company in Malta means you will eventually need a local corporate bank account. Whether you are relocating to the island or remaining in your home country as a shareholder, the banking requirements differ significantly. Here is what you need to know to navigate the process and remain compliant.

Read more: Opening a Corporate Bank Account in Malta: What You Need to Know

Tax Optimization in Malta – Opportunities for Companies and Individuals

Malta offers compelling opportunities for both private individuals and companies to optimize their tax position. Located in the heart of the Mediterranean, the island has developed into a reputable financial hub operating under a legal framework grounded in EU law. With a network of over 50 Double Tax Treaties and a unique corporate tax refund system, Malta stands out as a strategic location for business.

Read more: Tax Optimization in Malta – Opportunities for Companies and Individuals

3 Common Hurdles When Setting Up a Malta Limited

Are you looking to reduce your corporate tax burden by incorporating abroad? Malta offers a secure EU jurisdiction with a robust economy, but the setup process has specific requirements. From compliance documentation to economic substance and tax refund structuring, here are three key hurdles international entrepreneurs need to navigate.

Read more: 3 Common Hurdles When Setting Up a Malta Limited

Is a Malta Limited the Right Choice for Every Entrepreneur?

Malta’s 5% effective tax rate is attractive, but it is not a loophole for everyone. Strict rules regarding Permanent Establishments mean that local businesses in other countries cannot simply shift profits to Malta. We explain who actually benefits from a Malta Limited and why location-independent businesses are the primary candidates.

Read more: Is a Malta Limited the Right Choice for Every Entrepreneur?

Cyprus Tax Guide 2026: Rates, Rules & Non-Dom Status

The Cyprus tax system remains a top choice for international entrepreneurs, offering flexibility and attractive residency criteria. With the 2026 reforms now in effect, understanding the new 15% corporate rate, the 8% crypto tax, and the extended Non-Dom benefits is essential. This guide provides a comprehensive overview of the current tax framework in Cyprus.

Read more: Cyprus Tax Guide 2026: Rates, Rules & Non-Dom Status

A Guide to Handling Politically Exposed Persons (PEPs)

There is often confusion surrounding Politically Exposed Persons (PEPs) and how businesses should handle them. Many assume serving PEPs is prohibited or that the term applies only to heads of state. This guide clarifies the definitions, the risks of money laundering, and the necessary compliance steps for onboarding PEPs in Malta.

Read more: A Guide to Handling Politically Exposed Persons (PEPs)

Understanding AML Compliance for Cryptocurrency Transactions

Before diving into Anti-Money Laundering (AML) compliance, we must first define what a cryptocurrency transaction actually is. Fundamentally, it mirrors a traditional transaction, with the key difference being the use of digital currency and blockchain technology. This guide explores the unique challenges of crypto compliance, from the Travel Rule to the role of the MLRO.

Read more: Understanding AML Compliance for Cryptocurrency Transactions

Setting Up a Crypto Exchange in Malta: A Guide to the VFA Class 4 License

Malta has established itself as a regulated hub for crypto businesses through the Virtual Financial Assets (VFA) Act. For entrepreneurs looking to establish a crypto exchange, understanding the Class 4 license requirements—from capital adequacy to the 'fit and proper' test—is essential. Here is what you need to know about the legal framework and substance requirements.

Read more: Setting Up a Crypto Exchange in Malta: A Guide to the VFA Class 4 License

The Concept of 'Enhanced Due Diligence' in Compliance

In a report published by the UK Financial Conduct Authority (FCA) on 21 May 2021 regarding "common control failings identified in anti-money laundering frameworks," particular concern was raised regarding Customer Due Diligence, specifically "Enhanced Due Diligence" (EDD). The report highlighted, among other things, that some firms' approach to due diligence was insufficient.

Read more: The Concept of 'Enhanced Due Diligence' in Compliance

The 'Shell Company' Directive: The Next Step in Curbing Tax Evasion

The EU has significantly ramped up its efforts to combat money laundering and tax evasion. Following previous initiatives like the Commission's Action Plan, the focus has now shifted to the misuse of shell companies. This article explores the proposed Directive aimed at preventing the use of entities with no minimal substance for tax purposes.

Read more: The 'Shell Company' Directive: The Next Step in Curbing Tax Evasion

State Pensions in Malta: How the System Works for Expats

As more entrepreneurs relocate to Malta to establish substance for their companies, they inevitably enter the local social security system. But how does the Maltese state pension actually work? This guide explains the contribution caps, the benefits, and why the system is structurally different from other European jurisdictions.

Read more: State Pensions in Malta: How the System Works for Expats

Why More and More Crypto Firms Are Drawn to Malta

Malta is rapidly cementing its reputation as "Blockchain Island." While many of the entrepreneurs we assist with relocation and corporate setup operate quietly, major industry players are now making headlines by moving their headquarters here. Here is a look at why giants like Binance and OKEx are choosing Malta as their new home.

Read more: Why More and More Crypto Firms Are Drawn to Malta

Cyprus – Why Incorporating a Company Here Pays Off

Deciding to start a business and relocate is a major step that requires careful planning. As an EU member state, Cyprus has become a hotspot for international entrepreneurs. Beyond its Mediterranean climate, the island offers a highly competitive tax system and strategic benefits that make it an ideal location for business operations.

Read more: Cyprus – Why Incorporating a Company Here Pays Off

Understanding the FATF Grey List

The Financial Action Task Force (FATF), also known as the 'Groupe d’action financière', is an intergovernmental organisation established in 1989. Its core mission is to develop policies to combat money laundering, terrorist financing, and proliferation financing. The FATF Grey List highlights countries that have not adequately demonstrated the necessary safeguards against these financial crimes.

Read more: Understanding the FATF Grey List

Relocating Your Business to Dubai: The Pros and Cons

Driven by trade and tourism, Dubai has seen massive growth in recent years, attracting entrepreneurs with its booming economy and investment potential. While the opportunities are significant, moving a business there requires a clear understanding of the local landscape. Here is an overview of what you need to consider before making the move.

Read more: Relocating Your Business to Dubai: The Pros and Cons

Malta Issues Warning on Crypto Scams & Reinforces Blockchain Security

The Malta Financial Services Authority (MFSA) has issued a stark warning regarding the fraudulent entity "Bitcoin Revolution." We look at how Malta is protecting its reputation as the "Blockchain Island" and why strict regulation is the key to sustainable innovation.

Read more: Malta Issues Warning on Crypto Scams & Reinforces Blockchain Security

40 Things You Probably Did Not Know About Malta

Sun, sea, and sand are usually the first things that come to mind when people think of Malta. But this small Mediterranean island offers far more than just picturesque coastlines and 300 days of sunshine. From unique traditions and linguistic quirks to surprising social dynamics, here are 40 fascinating facts that reveal the real Malta beyond the tourist brochures.

Read more: 40 Things You Probably Did Not Know About Malta

Finance Minister Scicluna Warns Against Misuse of Malta Companies

Malta’s Finance Minister Edward Scicluna has announced a new task force to ensure international companies in Malta are playing by the rules. The initiative aims to tackle tax avoidance and ensure a level playing field for local businesses by targeting shell companies lacking genuine economic substance.

Read more: Finance Minister Scicluna Warns Against Misuse of Malta Companies

IMF Commends Malta's Economic Governance

In a recently published statement, the International Monetary Fund (IMF) has praised the Maltese government's work. The island's stable economic growth is attributed largely to effective governance, ongoing structural reforms, and the strengthening of both the public and private sectors. However, the report also highlights key infrastructure challenges that must be addressed to sustain this success.

Read more: IMF Commends Malta's Economic Governance

Malta Ranks Second in EU for Regulatory Compliance

According to the European Commission's 31st Annual Report on Monitoring the Application of EU Law, Malta has been recognised as one of the most compliant Member States in the bloc. With one of the lowest numbers of infringement proceedings, the island nation secured second place, highlighting its commitment to aligning with European standards.

Read more: Malta Ranks Second in EU for Regulatory Compliance

Avoiding withholding tax in Switzerland: Optimization opportunities with Malta as a holding location

What is withholding tax in Switzerland? Switzerland levies a withholding tax of 35% on dividends, interest and certain license income. This tax is deducted directly at source before the income is paid out to the recipient. The high withholding tax can often be optimized through double taxation agreements (DTAs) or a suitable holding structure. How […]

Read more: Avoiding withholding tax in Switzerland: Optimization opportunities with Malta as a holding location

Securing Your Gaming License in Malta: A Strategic Opportunity for iGaming Success

Malta has emerged as the global hub for iGaming – not only for its attractive tax incentives and business-friendly environment but also for its world‐class regulatory framework. For operators looking to establish a compliant and competitive online gaming platform, obtaining a Malta Gaming License represents both a regulatory milestone and a strategic business advantage. Why […]

Read more: Securing Your Gaming License in Malta: A Strategic Opportunity for iGaming Success

Opening Your Company in Bulgaria: What You Need to Know

Located right in the heart of Southeast Europe, Bulgaria offers a strategic geographic location, business-friendly policies, and cost-effective operations. If you want to start a company there, this guide will walk you through the steps and the important factors you need to know. 1. Why Bulgaria? Strategically located at the crossing of Europe and Asia, […]

Read more: Opening Your Company in Bulgaria: What You Need to Know

Significant Updates to Malta’s Rental Laws (Residential Leases) 2024 – Everything you Need to Know

Maltese lease legislation has undergone significant changes since 1948. Over the years, several amendments have been introduced to balance the rights of both landlords and tenants. However, despite these efforts, the results have been mixed. While the intention behind these legislative updates was to ensure fairness and protection for both parties, the outcomes have not […]

Read more: Significant Updates to Malta’s Rental Laws (Residential Leases) 2024 – Everything you Need to Know

Top careers in Malta with special tax rates: Is your profession included?

If you are considering a career in Malta, the country offers an attractive package for highly qualified professionals with competitive salaries and favorable tax rates. This refers to the “Highly Qualified Persons Rules” (SL 123.126), which allow for a flat tax rate of 15%. Important advantages: Flat tax rate of 15%: Applies to income from […]

Read more: Top careers in Malta with special tax rates: Is your profession included?

Why It Might Make More Sense to Start a New Company in Malta Rather Than Relocate an Existing One

Why relocate an existing company to Malta when starting a new one might be easier and more advantageous? Learn more in our latest post! Relocating an existing company to Malta can attract unwanted attention and potential tax implications. Instead, we generally recommend starting a new company (Malta Ltd) to fully benefit from Malta’s business-friendly environment. […]

Read more: Why It Might Make More Sense to Start a New Company in Malta Rather Than Relocate an Existing One

Why You Need a Licensed CSP in Malta: The Key Facts

Are you considering setting up your business in Malta? Great decision! Malta offers unbeatable advantages for international entrepreneurs, from low effective tax rates to a Mediterranean lifestyle and highly skilled, multilingual workforce. However, the key to a successful start lies in choosing the right partner: a licensed Company Service Provider (CSP). What is a CSP […]

Read more: Why You Need a Licensed CSP in Malta: The Key Facts

Unlocking Opportunities: Gaming Recognition Notice for Operators in Malta

Are you an Operator in the gaming industry? In the dynamic landscape of the gaming industry, opportunities for expansion and reaching new markets are essential for the growth of any operator. Recognizing this need, the Malta Gaming Authority (MGA) has established a procedure through the 2018 Gaming Authorisation Regulation that offers a pathway for companies […]

Read more: Unlocking Opportunities: Gaming Recognition Notice for Operators in Malta

Cost of living in Malta

A fully-fledged EU Member state with a strong economy, stable political and social environment, and a welcoming business scene, it has become a prime jurisdiction for foreign investment and entrepreneurs. But what about living in Malta? If you are thinking about starting a business, applying for a Maltese passport under the Citizenship by Investment Scheme, or […]

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The 7 Best Restaurants in Malta for Business Meetings

You probably know the situation: you have a customer appointment that you would like to hold in a relaxed atmosphere. A lunch or coffee is a good alternative to an office appointment to hold a business meeting. Malta is known for its outstanding cuisine and offers many excellent restaurant options for business lunches. But which […]

Read more: The 7 Best Restaurants in Malta for Business Meetings

Navigating Employment Law in Malta: How to Protect Your Business

Businesses in Malta are constantly on the rise. Whether it being because of the favourable tax regimes, or for the island’s atmosphere, the fact still remains that businesses are spreading faster than ever. This is precisely why, prospective business owners should at the very least have a brief understanding of what the employment laws in […]

Read more: Navigating Employment Law in Malta: How to Protect Your Business

The Benefits of using a professional service to open a bank account in Malta

Explanation of the importance of having a Bank account in Malta The expansion of the Maltese economy in the past few years has led to an increase in the demand for banking services here in Malta. Consequently, number of existing banks and other Financial institutions had to adapt to conform with such new norms and […]

Read more: The Benefits of using a professional service to open a bank account in Malta

Companies To Be Taxed in Dubai From June 1, 2023 – Everything You Need To Know

From June 1, 2023, the Corporate Tax Law will come into effect in Dubai, introducing a new regime for the taxation of companies and businesses. The regulations include a 9% tax rate. In this article, find out exactly who will be taxed, how, and what exemptions are available. On December 9, 2022, the UAE (United […]

Read more: Companies To Be Taxed in Dubai From June 1, 2023 – Everything You Need To Know

Portugal intends to end its Golden Visa – everything existing and new investors need to know

On February 16, 2023, Portugal’s Prime Minister Antonio Costa announced that Portugal would end its popular Golden Visa programme. Introduced in 2012 to combat the financial crisis, the Golden Visa programme allowed non-EU citizens who made an investment in Portugal to stay permanently. And this appears to have worked: Since 2012, 12,000 people have moved […]

Read more: Portugal intends to end its Golden Visa – everything existing and new investors need to know

5 Ways How Globalization Impacts Small Businesses

The term “globalization” refers to the process by which people, businesses, and governments from all over the world engage in more economic and cultural exchange. It refers to the elimination of cultural and economic barriers as well as closer ties and trade between nations. High tariffs (import taxes), border controls, and differences in regulations and […]

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Top industries to invest in Malta and other opportunities the future holds

Usually experienced entrepreneurs invest in Malta because they understand the numerous benefits that Malta offers to develop the foreign investments, but it is not a general rule. Those who have invested in Malta, agree that Malta offers a great deal more than simply holiday home and villa investment opportunities. Because of Malta’s geographic location, investors […]

Read more: Top industries to invest in Malta and other opportunities the future holds

The notion of ‘Enhanced Due Diligence’ in all-things ‘Compliance’

In a report published by the UK’s Financial Conduct Authority (FCA) on the 21st of May 2021, concerning ‘common control failings identified in anti-money laundering frameworks’ one particular cause for concern pertained to Customer Due Diligence in particular ‘Enhanced Due Diligence’ (EDD). The report inter alia highlighted that ‘some firms’ approach to EDD is weak […]

Read more: The notion of ‘Enhanced Due Diligence’ in all-things ‘Compliance’

The Company Secretary – Added value to the Board (Part I)

Introduction In a modern world, the office of the company secretary has no one meaning and covers a multitude of tasks and responsibilities. The Company Secretary, regardless of the latter term, cannot be associated with a “secretary” in its common sense. There is often a misconception that the role of the company secretary is purely […]

Read more: The Company Secretary – Added value to the Board (Part I)

The Company Secretary – Added value to the Board (Part II) 

Introduction As noted in Part I of the article, the office of a company secretary should be described as the company’s administrative officer who is empowered to exercise specific functions and responsibilities under Maltese law. This Part II is intended to provide a closer look at the performed role and daily duties of this officer relating – in this piece – to the first category described below. The company secretary may serve as a focal […]

Read more: The Company Secretary – Added value to the Board (Part II) 

Cash Restriction Usage in Malta

The usage of excessive cash in normal legitimate purchases can increase the risk of facilitating money laundering, especially through cash generated from illicit activities such as drug smuggling, human trafficking, and tax evasion. Nowadays, especially with the increased use of electronic bank transfers and bank cards and the reduced used of cash and cheque payments, […]

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Moving to Malta – Income tax and National Insurance rate 2021

Malta offers skilled workers good career opportunities, especially in the fields of finance, iGaming, game development and IT. The growing market has a high demand for qualified personnel, and there are a lot of vacancies. If you are a member of a EU state you can make use of your right of free movement and […]

Read more: Moving to Malta – Income tax and National Insurance rate 2021

How decisions are made at an EU Level

The standard decision-making procedure is known as ‘Ordinary Legislative Procedure’, meaning that the directly elected European Parliament has to approve EU legislation together with the Council of Europe. The EU Institutions   The European Union (‘EU’) institutions mainly include the European Council, the European Commission and the European Parliament. The EU’s standard procedure for decision making is the ‘Ordinary Legislative Procedure.’ Law is not […]

Read more: How decisions are made at an EU Level

Outsourcing Obligations of Subject Persons

Introduction In an ever challenging and complicated world, the concept of ‘outsourcing’ has gained further traction amongst subject persons who seek to outsource a portion of their responsibilities with sector-specific experts who might be better equipped to perform key functions. It goes without saying that Regulators in Malta are constantly requesting that licensed entities (in […]

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Dealing with High-Risk and Non-Reputable Jurisdictions.

Introduction. More often than not, the terms ‘High-Risk’ and ‘Non-Reputable’ countries are often used interchangeably within the context of Anti-Money Laundering and Countering the Financing of Terrorism (AMLCFT). This is especially prevalent whenever Guidance Notes, Periodic Reports and ancillary documentation is presented to the public and subject-persons (obliged entities). It is not uncommon for practitioners, […]

Read more: Dealing with High-Risk and Non-Reputable Jurisdictions.

Source of Funds and Source of Wealth – are we asking for too much?

Introduction; Differentiating between SoF and SoW; Why we ask for this information; When do we ask for this information; Categories and common example of SoW; SoW and SoF in the context of Customer Risk Assessment; How to treat SoF/SoW in the context of On-Going Monitoring; Conclusion; Introduction. Compliance Officers and practitioners are often faced with […]

Read more: Source of Funds and Source of Wealth – are we asking for too much?

Playing Poker in Malta

Many people know that Malta is one of the countries that issues remote gaming licences. What many people do not know however, is that Malta is also very popular with poker players and prestigious tournaments are regularly hosted on the islands. Gambling is legal in Malta, which means that winnings from online gambling can be […]

Read more: Playing Poker in Malta

The importance of AML compliance

In the business world, compliance is a very important factor as it is a vital element that provides credibility to the sector and aids in building trust. Said compliance is a major function of a company to its stakeholders and when executed properly, compliance forms the basis behind the why and how of a company […]

Read more: The importance of AML compliance

The Annual General Meeting

Introduction The Companies Act imposes on every company the obligation to hold a general meeting yearly, but what does a general meeting really entail? The general meeting of a company must be conducted once every year, hence why it is called the Annual General Meeting (“AGM”). While a company may call other meetings during the […]

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Creating substance in Malta by means of company relocation

Many countries in the EU and elsewhere apply regulations based on CFC rules (https://en.wikipedia.org/wiki/Controlled_foreign_corporation). Inasmuch as CFC rules are not observed or do not exist, Malta has additionally concluded double taxation agreements with many countries. These cover similar matters including: the requirements relative to substance and/or the organisation of business premises with a view to […]

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Setting up a Crypto Exchange in Malta

Introduction. The popularity of Crypto-Exchanges is on the rise. With more entrepreneurs willing to set up these platforms, it makes sense to analyse the important role Malta [now ubiquitously known as ‘Blockchain Island’] is playing in this new realm of innovative cryptocurrency-based services. Quite frankly, given the perceived ‘high risk’ when dealing with Exchanges, Malta […]

Read more: Setting up a Crypto Exchange in Malta

Initial Coin Offering (ICO) vs. Security Token Offering (STO) in 2019

The buzzword for alternative fundraising has been ICO for a “long time” –  “long” in relation to the short lived technical world we are all working in. In actual terms, the hype lasted less than 2 years. There has been plenty of good and bad news around the ICO, very recently a lot more bad […]

Read more: Initial Coin Offering (ICO) vs. Security Token Offering (STO) in 2019

Malta Warns Of Crypto Scams & Takes Blockchain Risks Seriously

The Maltese financial supervisory authority MFSA warns the public against a fraudulent online provider called “Bitcoin Revolution”. In the statement from 25 January on the MFSA website, attention is drawn to the illegal activities of the company. The previously unknown perpetrators advertise their project on a variety of domains, most recently on the website https://the-bitcoin-revolution.org. […]

Read more: Malta Warns Of Crypto Scams & Takes Blockchain Risks Seriously

ICO in Malta? 3 Legislative Initiatives You Should Know About

Many start-ups are considering the question of whether they should carry out an ICO. Besides locations such as Switzerland and Liechtenstein, the option of an ICO in Malta is increasingly being discussed. That is little surprising, given that Malta is not only an internationally renowned financial centre, but has also become known as the “Blockchain Island” […]

Read more: ICO in Malta? 3 Legislative Initiatives You Should Know About

Towers and Fortifications in Malta

Over the centuries the island nation in the heart of the Mediterranean has become a bastion for many nations to use the island as a strategic military position. The first fortifications were built in 1450 BC – walls to protect villages. Over the centuries the Maltese built walled cities, forts, citadels, towers, defensive installations and […]

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Scuba diving in Malta – popular spots around the islands

Malta is not only popular for the hot weather in summer and great economic situation, it is also a popular destination for scuba divers. There are many diving schools, and it is possible to obtain many different certificates. Malta has particularly clear waters, and very diverse underwater landscape and sea life. You can find reefs, […]

Read more: Scuba diving in Malta – popular spots around the islands

Sports betting regulation in Germany is still illegal

The facts and legal position of the sports betting submission procedure Ince (case C-336/14) continues to be considered illegal by the European Commission. Because of this, sports betting operators from within Europe should not be restricted in the German market. The licensing procedure is also not transparent enough. In March 2014, the district court of […]

Read more: Sports betting regulation in Germany is still illegal

Maltese cuisine – Traditional dishes of Malta

Over the centuries the Maltese cuisine has been greatly influenced by neighbouring cultures and nations that occupied the islands. The main style is Mediterranean, but it has strong influences from Italian, Middle Eastern, Arabic and British cuisine. Despite the small size of Malta there are even regional specialties, such as Gozo cheeselets. Many vegetables are […]

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Obtaining Maltese citizenship with the Individual Investor Programme

The IIP (Individual Investor Programme) of Malta offers non-European nationals the opportunity to acquire the Maltese citizenship. This citizenship can be acquired by individuals and their immediate families if a contribution is made to aid the development of Malta. Not everyone can apply for the programme, and nationals of Iran, Afghanistan and North Korea are […]

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Casinos in Malta – Portomaso and Dragonara are the two leading casinos

The online casino industry in Malta is one of the most popular casino jurisdictions in the world and over 300 internet casinos and sports betting operators have a licence from the Lotteries and Gaming Authority in Malta. However, there are also a few classy land-based casinos on the island, and today I would like to […]

Read more: Casinos in Malta – Portomaso and Dragonara are the two leading casinos

Filming of By the Sea in Malta – Angelina Jolie thanks Gozitans

The film industry in Malta is a small yet famous sector of the Maltese economy. The Maltese islands have served as filming locations for many international movies. The latest Hollywood movie has just finished filming. The movie By The Sea is produced by Angelina Jolie, and she and her husband Brad Pitt are the two […]

Read more: Filming of By the Sea in Malta – Angelina Jolie thanks Gozitans

International scope of an online casino licence from Malta

In recent years Malta has become of the most favourite countries for online casino and sports betting operators. The licence has a great reputation not only with operators but also with players, as player protection has one of the highest priorities, and the financial situation of the operators is regularly checked. However, the financial and […]

Read more: International scope of an online casino licence from Malta

Malta’s new eCommerce strategy – Online shopping on the rise

eCommerce has become a very important factor for retailers and online retailers across the globe. The market for global online retail has been growing on an average of 18% per year. In comparison, sales conducted through other channels are only growing by 1.3%. This means that more and more people are utilising the Internet to […]

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Saving taxes in Malta – It is possible for companies and individuals

Malta offers interesting opportunities for individuals and companies to save taxes. The island in the middle of the Mediterranean has become a reputable financial centre with legislations for professional secrecy money laundering that are based on European laws. Malta benefits from an extensive double taxation treaty network with over 50 countries, and also offers a […]

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Changing flag to Malta – Is reflagging it worth it?

It has become common practice to change the flags of ships. Reasons for this are often lower personnel costs, non-wage labour costs and operating costs which are mandatory in most countries. Especially commercial shipping companies often have a huge advantage when they change their flag. If there a cost reduction of 15-20% is possible, it […]

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Overview of the banks in Malta and how to open a business bank account

There are a number of different banks operating in Malta. Some of them are of Maltese origin, others are branches of larger international banks. Today, I would like to introduce to you some of the more popular banks for businesses in Malta, and I would like to give you some information about what is needed […]

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How to obtain an iGaming licence in Malta

Malta is one of the few European countries that issue remote gaming licences and regulate the market. The LGA (Lotteries and Gaming Authority) has a very good reputation with the companies and the players, as they apply strict regulations with regards to random number generators, payouts, player protection, gambling addiction and general compliance of the […]

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Melita plans to double the data centre capacity in Malta

Malta’s leading Internet and telephony provider, Melita, has announced that their project to double the data centre capacity is expected to go live in early 2015. They are also planning to increase the data colocation services of the company tenfold. The new data centre in Malta is part of a €60 million investment that is […]

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Types of Remote Gaming licences from the Lotteries and Gaming Authority (LGA) in Malta

The Lotteries and Gaming Authority (LGA) in Malta enjoys a great reputation with online gambling operators and players all over the world. Strict regulations and regular testing ensure that players are safe, and protection of the player has top priority. The regulatory authority offers four different classes of licences, depending on what product the operator […]

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Brad Pitt and Popeye in Malta: the most popular filming locations in Malta

Malta offers its visitors not only temples that are older than the pyramids and the smallest capital in the world, but also a lot of fun. On our website you can find some background information about the history of Malta, the population and the economy. With this in mind, Malta seems to be a very […]

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Malta and Italy: a close connection between the two neighbouring countries

Italy is the closest European neighbour to Malta. We all can think of something when we hear the name Italy, as Italy is just much larger and more present than Malta. These two EU states are connected in many ways, and in today’s post I would like to illuminate some of these points in more […]

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Melita offers the fastest Internet in Malta

What is the small Mediterranean island actually known for? Language schools, a sunny climate and increasingly also for the tax relief programs. However, many entrepreneurs who are thinking about settling in Malta do not know that Melita offers the fastest Internet connections in Malta. Melita is the largest Telecommunications- and Internet service provider offering connection […]

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Malta vs. Cyprus – 3 reasons why Malta is the better alternative

When reading about tax burdens in Europe for the first time, you might notice that several countries are often lumped together. Since the economic crisis started, the European Union had to pay for some highly indebted countries to save them from bankruptcy. This lead to some countries being looked at more closely, and the bad […]

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3 important facts about opening a business account in Malta

When forming a Maltese company there are many standard procedures that must be followed, but they have become second nature to me since I have started working for Dr. Werner & Partner. There is of course the registration and tax advice, but when forming a new company there are other factors to consider as well. […]

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Gaming license in Malta – 3 reasons for this location

We have received significantly more inquiries recently about gaming licenses, the application process and licensing. Because of this, I would like to give more details about the subject, and present to you three important arguments that advocate obtaining a gaming license in Malta. Usually, the purpose of applying for a gaming license in Malta would […]

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Corporate Services at DW&P Dr. Werner & Partners are provided by DW&P Services Ltd. (C 103208) which is regulated by the MFSA and is licensed under Authorised Person ID: DSER-23577 to carry out the activities of a Class C CSP in terms of the Company Services Providers Act (Cap. 529 of the Laws of Malta).

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