This site uses cookies to provide you with a more responsive and personalized service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print page

Tax publications

 Our tax publications are available in the following categories:

action Malta tax guides action Malta budget summaries
action Malta factsheets action Malta tax alerts archive
action Malta VAT insights action Malta tax updates archive

 

  Malta tax guides and brochures  
article International tax and business guide to Malta (overview).
download Malta tax treaties 2014 Adobe Acrobat - (Current tax treaties with Malta)
download Tax highlights: Malta Adobe Acrobat - (A glossary of tax highlights in Malta)
download Tax guide: Malta Adobe Acrobat
download Malta: The IP and R&D jurisdiction Adobe Acrobat
download Malta: The leasing jurisdiction Adobe Acrobat
article VAT highlights - VAT 2013 - 2015, Malta VAT amnesty, New invoicing rules
  Back to top

 

  Malta factsheets  
Insightful applications providing information relating to Malta.
article FS009: Malta Citizenship-by-Investment - Individual Investor Programme Regulations.
Malta has introduced an ”Individual Investor Programme” (the “Citizenship Programme”), with which Malta grants naturalisation (i.e. citizenship) by investment to reputable foreign individuals and their eligible dependents following a thorough and rigid due diligence process. A summary of the salient features.
PDF Adobe Acrobat
article FS006: Non domiciled persons: Scope of taxation in Malta.
Scope of taxation in Malta: Residence, ordinary residence and domicile. The main features summarised.
PDF Adobe Acrobat
article FS008: Global Residence Programme Rules, 2013 for individuals who are non-EU/non-EEA/non-Swiss nationals.
In terms of Legal Notice 167 of 2013 and Article 56(23) of the (Malta) Income Tax Act, Chapter 123 of the Laws of Malta (“ITA”), a Global Residence Programme (“GRP Rules”) has been introduced for individuals who are not nationals of the EU, EEA or Switzerland. The GRP Rules confer on the successful applicant a special tax status. Understanding the benefits of the GRP Rules.
PDF Adobe Acrobat
article FS012: Malta as a holding company jurisdiction.
The introduction of the participation exemption in 2007 has enhanced Malta’s position as a premier EU holding company location. Whilst there is no specific holding company regime, Malta’s domestic tax system positions Malta as the ideal location for establishing companies for the purpose of holding shares in one or more entities whether located within or outside the European Union.Get a clearer perspective.
PDF Adobe Acrobat
article FS016: Malta tax refund system.
Income tax in Malta is governed by the Income Tax Act and the Income Tax Management Act, together with their respective subsidiary legislation, and collectively referred to as the Income Tax Acts (‘ITA’). We make the complex simple.
PDF Adobe Acrobat
article FS018: VAT on yacht leasing in Malta.
In November 2005, the Maltese VAT Department issued guidelines explaining the Department’s policy with regard to the VAT treatment of yacht leasing arrangements entered into by Maltese companies. A summary of the main features.
PDF Adobe Acrobat
article FS023: Investment service providers in Malta.
The provision of investment services in or from Malta is regulated by the Investment Services Act, and the Investment Services Rules, which implement EC Council Directive 2004/39/EC (MiFID) and certain provisions of EC Council Directive 85/611/EC (‘UCITS’ Directive). We make the complex simple.
PDF Adobe Acrobat
download FS001: Reduced rate of tax for "Qualifying Expatriates" in the development of digital products in Malta
Effective 1 January 2012, a scheme was introduced for expatriates working in Malta who fulfil a role directly engaged in the development of innovative and creative digital products to benefit from a reduced rate of tax of 15%.
We bring you the essential features.
PDF Adobe Acrobat
download FS002: Reduced rate of tax applicable to "Qualifying Expatriates" employed in Malta with Financial Institutions and i-Gaming companies Expatriates satisfying the definition of a qualifying beneficiary and holding an employment under a qualifying contract of employment with a licensed bank, insurance company, financial services company, or i-gaming company in an eligible office in Malta may opt to be subject to tax on such income at a flat rate of tax of 15% as from 1 January 2010.
An attracting incentive.
PDF Adobe Acrobat
download FS003: Reduced rate of tax for Maltese professionals returning to work in Malta in specific industry sectors
An incentive scheme was introduced in the Budget Measures Implementation Act, 2012 for Maltese professionals returning to work in Malta in specific industry sectors. In terms of this new scheme, an eligible individual who is established in a field of excellence and returns as an ordinary resident to Malta may opt to have his income from employment exercised in Malta charged tax at a flat rate of 15%, as opposed to the normal progressive personal income tax rates of up to 35%.
Field of excellence rules made easy.
PDF Adobe Acrobat
download FS004: Returned migrants in Malta Adobe Acrobat
download FS005: Residence Scheme for foreign retirees for EU/EEA/Swiss nationals Adobe Acrobat
download FS007: Reduced rate of tax for “Qualifying Expatriates” in the development of digital products Adobe Acrobat
download FS010: Securitisation in Malta Adobe Acrobat
download FS011: Aviation and finance leasing Adobe Acrobat
download FS013: Group finance companies in Malta Adobe Acrobat
download FS014: Malta company incorporation Adobe Acrobat
download FS015: Maltese trusts Adobe Acrobat
download FS017: Redomiciliation of companies to and from Malta Adobe Acrobat
download FS019: Malta grants and incentives - Investment aid Adobe Acrobat
download FS020: Shipping companies and the Malta flag Adobe Acrobat
download FS021: Insurance captive companies in Malta Adobe Acrobat
download FS022: Credit and financial institutions Adobe Acrobat
download FS024: Professional investor funds Adobe Acrobat
download FS025: Protected Cell Companies in Malta Adobe Acrobat
download FS026: VAT treatment of private aircraft leasing Adobe Acrobat
  Back to top

 

  Malta VAT insights  
Insightful applications and links providing information relating to VAT in Malta.
NEW VAT Insight - Issue 2013/05 Adobe Acrobat - CJEU Judgment on the Tour Operators Margin Scheme (TOMS)
download VAT Insight - Issue 2013/04 Adobe Acrobat - New administrative penalty
download Supplement to Issue 2013/02 Adobe Acrobat - Recent CJEU decisions (2) - Update
download VAT Insight - Issue 2013/03 Adobe Acrobat - Reduced VAT on short-term yacht charters
download VAT Insight - Issue 2013/02 Adobe Acrobat - Recent CJEU decisions (2)
download VAT Insight - Issue 2013/01 Adobe Acrobat - Recent CJEU decisions (1)
article Supplement to Issue 2012/04 Adobe Acrobat - New VAT invoicing rules - Update
download VAT Insight - Issue 2012/04 Adobe Acrobat - New VAT invoicing rules
download VAT Insight - Issue 2012/03 Adobe Acrobat - Budget implementation Measures Act 2012
download VAT Insight - Issue 2012/02 Adobe Acrobat - Upcoming CJEU VAT decisions in FS
download VAT Insight - Issue 2012/01 Adobe Acrobat - VAT amnesty extension
download VAT Insight - Issue 2011/03 Adobe Acrobat - VAT amnesty
download VAT Insight - Issue 2011/02 Adobe Acrobat - VAT on SWIFT services - CJEU Judgement
download VAT Insight - Issue 2011/01 Adobe Acrobat - VAT on services by betting agents
download VAT Insight - Issue 2010/06 Adobe Acrobat - VAT ‘place of supply’ changes for sports, education & entertainment
download VAT Insight - Issue 2010/05 Adobe Acrobat - VAT exemption for management of investment schemes
download VAT Insight - Issue 2010/04 Adobe Acrobat - VAT on SWIFT services - ECJ referral
download VAT Insight - Issue 2010/03 Adobe Acrobat - VAT changes to property rental
download VAT Insight - Issue 2010/02 Adobe Acrobat - VAT rules 2010 additional changes
download VAT Insight - Issue 2010/01 Adobe Acrobat - VAT rules 2010 changes
download VAT Insight - Issue 2009/03 Adobe Acrobat - VAT number verification online
download VAT Insight - Issue 2009/02 Adobe Acrobat - VAT rules 2010 changes anticipated impact
download VAT Insight - Issue 2009/01 Adobe Acrobat - VAT Act amendments overview
  Back to top

 

  Malta budget summaries  
Insightful applications and links providing information relating to Malta budgets.
download Budget 2014 summary

•    Interactive Flash  Adobe Acrobat  Adobe Acrobat (see notes below)
•    Dynamic PDF  Adobe Acrobat  Adobe Acrobat (see notes below)
•    Abridged PDF  Adobe Acrobat  Adobe Acrobat

* Notes: Dynamic PDF is the preferable alternative for viewing on iPad® or other tablets/devices where Adobe Flash® is not supported. However, Adobe Reader® app in iOS does NOT support interactive content. For full functionality in iOS, the GoodReader® app is recommended.

more...
download Budget 2013 summary (available as interactive Flash, Dynamic PDF and abridged versions)
download Budget 2012 summary Adobe Acrobat
download Budget 2011 summary Adobe Acrobat
download Budget 2010 summary Adobe Acrobat
  Back to top

 

  Malta tax alerts  
Alerts providing information to taxation changes in Malta.
article Malta Citizenship-by-Investment - Individual Investor Programme Regulations - 17 March 2014
  IMalta has introduced an ”Individual Investor Programme” (the “Citizenship Programme”), with which Malta grants naturalisation (i.e. citizenship) by investment to reputable foreign individuals and their eligible dependents following a thorough and rigid due diligence process. Read the full article.
article Malta Grants & Incentives: Micro Guarantee and MicroInvest Schemes - 08 January 2014
  In December 2013, Malta Enterprise re-launched the Micro Guarantee and MicroInvest Schemes, with the publication of revised Incentive Guidelines intended to assist the development of small enterprises in Malta and Gozo. Read the full article.
article Malta Grants & Incentives: Investment Aid - 04 December 2013
  Call for Enterprises to obtain Pre-Approval on Investment Projects. Malta Enterprise has issued a call for applications for the pre-approval of Investment Aid Tax Credits. Read the full article.
article Malta’s tax treaty with Liechtenstein - 28 October 2013
  Malta’s continuing effort in extending its tax treaty network (currently, 69 tax treaties entered into by Malta) is again evidenced by a new tax treaty signed with Liechtenstein on 27 September 2013.  Read the full article.
article Malta’s tax treaty with Ukraine and other treaty developments - 30 September 2013
  On 4 September 2013 Malta and Ukraine signed a tax treaty which is the first agreement of this kind between the Contracting States.Read the full article.
article Global Residence Programme Rules, 2013 for individuals who are non-EU/non-EEA/ non-Swiss nationals - 24 July 2013
  Since the introduction of the changes to VAT invoicing rules, certain amendments have already been made thereto. These amendments have come into force with retroactive effect (i.e. as from 1 January 2013). This supplement to VAT Insight Issue No. 2012/04 aims to provide an overview of the rules that were amended.  Read the full article.
article Malta — Budget Measures Implementation Act - 5 June 2013
  Act III of 2013, entitled the ‘Budget Measures Implementation Act, 2013’ was published on the 17 May 2013. The Act brought into force the measures announced in the Budget speeches of the 28 November 2012 and 8 April 2013. Read the full article.
article Malta — Investment tax credits for the hotel industry - 30 May 2013
  The Investment Aid Incentive takes the form of investment tax credits, which are computed as a percentage of qualifying expenditure undertaken by companies engaged in qualifying activities. Read the full article.
download Malta — Branch profit exemption and expanded royalty exemption introduced - 23 May 2013 Adobe Acrobat
  On 17 May 2013, Malta parliament approved the tax amendments that were announced during the budget speech on 29 November 2012, which include the introduction of two new tax exemptions.
download Malta — Malta and Russia sign a new tax treaty - 02 May 2013 Adobe Acrobat
  Malta and Russia signed a new tax treaty on 24 April 2013 to replace the currently pending tax treaty signed between the countries in 2000. It is expected that the entry into force of the new treaty will contribute to the development of cross-border trade, as well as finance and investment relationships between the treaty partners. The treaty generally is in line with the model tax treaty adopted in Russia in 2010.
download Malta — Overview of Malta’s main 2013 tax treaty developments - 20 March 2013 Adobe Acrobat
  Malta’s tax treaty network, consisting of 63 tax treaties, has experienced a significant degree of development over the past 6 months. New tax treaties with Bahrain, Hong Kong, Saudi Arabia, Switzerland and Uruguay became generally applicable as of 1 January 2013 (1 April 2013 in the case of Hong Kong). Similarly, with effect from 1 January 2014, a new treaty recently concluded with Guernsey will come into force as will a revised treaty with Norway. In addition, during 2012 and the first quarter of 2013, new tax treaties were negotiated with Armenia and Mexico , a protocol to the existing treaty with South Africa was signed and the treaty previously negotiated with Russia has been approved for signature. During the said period Malta has also concluded tax information exchange agreements with the Bahamas, Bermuda and Gibraltar.
download Malta — Reduced rate of tax applicable to “Qualifying Expatriates” employed in Malta extended to the Aviation sector - 23 October 2012 Adobe Acrobat
  The latest amendments to the Highly Qualified Persons Rules (the “Rules”) have widened the scope of application of the Rules to include specific eligible offices of undertakings in the aviation industry in Malta licensed and/or recognized by the competent authority or with undertakings holding an air operators’ certificate issued in terms of the Civil Aviation (Air Operators’ Certificates) Act. The aviation sector has been added to the existing list of specific industries benefitting from these reduced rates of tax, which to date include banking, insurance, financial services, and iGaming.
download Malta — Residence scheme for foreign retirees from the EU/EEA/Swiss nationals - 12 October 2012 Adobe Acrobat
  In terms of Legal Notice 317 of 2012 and Article 56(23) of the Maltese Income Tax Act, Chapter 123 of the Laws of Malta (ITA), a residence scheme for foreign retiree individuals (the “Scheme”) who are European Union (EU), European Economic Area (EEA), and Swiss nationals was announced. The Scheme is effective immediately. The Scheme confers a special tax status on the successful applicant.
download Tax authorities publish guidance on taxation of retirement schemes and funds - 16 August 2012 Adobe Acrobat
  Taxation of Malta based pension schemes, such as UK QROPS, explained. The Maltese tax authorities issued guidance on 25 of July 2012 regarding the taxation of Maltese retirement funds and retirement schemes, as well as regarding the taxation of beneficiaries of retirement income from such schemes.
download Maltese professionals returning to work in Malta in important industry sectors - 30 May 2012 Adobe Acrobat
  Following the enactment of the Budget Measures Implementation Act, 2012 on 14 May 2012, an incentive scheme for Maltese professionals returning to work in Malta in important industry sectors has been introduced in the Income Tax Act, Chapter 123 of the Laws of Malta.
download Guidance issued on hybrid loans - 17 May 2011 Adobe Acrobat
  Guidance issued by Malta’s Inland Revenue Department (IRD) on 27 April 2011 on the tax treatment of hybrid loans was further clarified on 13 May 2011. The guidance was issued pursuant to ECOFIN’s approval of recommendations concerning profit participating loans (PPLs) adopted by the EU Code of Conduct Group.
download Regulations for tax exemption on royalties - 2 November 2010 Adobe Acrobat
  The Maltese government published regulations on 14 September 2010 for the application of the income tax exemption on royalties derived from patents on inventions. The exemption was introduced into Maltese tax law in April 2010.
download International tax rules enhanced - 20 April 2010 Adobe Acrobat
  The Maltese Parliament approved a number of amendments to Malta's tax laws on 16 April 2010 that will further enhance the country's position as an EU domicile of choice.
  Back to top

 

  Malta tax updates archive  

Insightful applications providing information relating to taxation in Malta.

Tax updates were discontinued at the start of 2013 and are now incorporated into Tax alerts (above section).

download Issue 06/2012 - 2013 Budget bill announcedAdobe Acrobat
download Issue 05/2012 - 2013 Budget summaryAdobe Acrobat
download Issue 04/2012 - Malta Expands Royalty, Participation ExemptionsAdobe Acrobat
download Issue 03/2012 - Budget Measures Implementation Act 2012Adobe Acrobat
download Issue 02/2012 - Employment Status National Standard Order, 2012Adobe Acrobat
download Issue 01/2012 - Overview of Malta’s Main 2011 Tax DevelopmentsAdobe Acrobat
download Issue 04/2011 - Malta's 2012 budget aims to increase foreign investmentAdobe Acrobat
download Issue 03/2011 - Malta's 2012 budget summaryAdobe Acrobat
download Issue 02/2011 - Favorable tax regulations for securitisation vehicles Adobe Acrobat
download Issue 01/2011 - Reduced rate of tax - UpdateAdobe Acrobat
download Issue 05/2010 - Budget 2011: A balancing act Adobe Acrobat
download Issue 04/2010 - Tax Deductions and Exemption Adobe Acrobat
download Issue 03/2010 - Reduction in Penalties and Interest - Update Adobe Acrobat
download Issue 02/2010 - Reduction in Penalties and Interest Adobe Acrobat
download Issue 01/2010 - Budget Measures Implementation Act Adobe Acrobat
download Issue 01/2009 - Act to implement budget measures Adobe Acrobat
  Back to top

Stay connected

  • Tax alerts
    Sign up for email alerts

Malta - ready to do business