Government incentives and measures introduced in light of COVID-19

March 20th, 2020|

A number of measures have been announced to counteract the negative economic impact of the COVID-19 pandemic. These measures have a value of around €1.8bn, which represents around 12.9% of Malta’s Gross Domestic Product (GDP) in 2019. A summary of the announced measures is set out below. Business and employment [...]

CSA’s new measures relating to COVID 19

March 17th, 2020|

CSA Group would like to inform our esteemed clientele that in view of the COVID-19 situation, we shall be implementing the following new measures. The health and safety of our employees and customers remains our top priority and as such until further notice, no meetings with third parties will be [...]

Coronavirus Malta: COVID-19 Financing Measures

March 13th, 2020|

The COVID-19 pandemic has taken the world by storm. The likely consequences on the Maltese economy cannot be overlooked and amongst the sectors particularly at risk are the hospitality and related industries most directly impacted by shifts in tourism. To date, two of Malta’s leading banks have launched programmes to [...]

DAC6 and Disclosure of Tax Arrangements in Malta

February 24th, 2020|

DAC6 was implemented into Maltese law on 17 December 2019 through Legal Notice 342 of 2019. DAC 6 can trace its roots back to the OECD 2015 Action 12 Final Report, which provided a set of recommendations for the design of mandatory disclosure rules (MDR). Transparency is one of the [...]

Highlights of Malta’s 2020 Budget

October 14th, 2019|

Economic Highlights The Maltese economy has grown by 4.7% in the first six months of 2019 (three times more than the EU average) The size of the economy doubled to €14billion in 7years. A fiscal surplus of 1.4% is forecasted for 2020 Inflation is expected to be at 1.6 per [...]

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