Contents • Introduction • Economic highlights • Stimulus package • Business Tax • Indirect Taxes • Stamp Duty & Capital gains Introduction In 2020, the COVID-19 pandemic brought about unprecedented strains to the global economy. The effect of this shock distinguishes itself from previous crises as the declines in demand [...]
Money. One of the most powerful words in the world. Money, like it or not, is what makes the world go round and from an economical point of view - it’s the source of life. The evolution of financial exchange has developed so drastically over the years; from the bartering [...]
Financial goals are vital for every business to survive, let alone thrive. The goals we set in our daily lives are the stimuli that will push us to achieve the most out of every situation, and it’s pretty similar when it comes to our professional business goals. Every business is [...]
It was recently announced by the Parliamentary Secretary of Malta that a revised Citizenship by investment Programme will be replacing the current Malta Individual Investor Programme. As the capping of 1800 nearly reaches its mark, completed applications will have up to the 30th September before ceasing to exist. Following various [...]
The outbreak of COVID-19 was a global pandemic that shook the very core of ‘business as normal’ - leaving many companies on life support. This unprecedented halt has caused quite a stir in the business world; leaving industries without a back up plan or creative adaptation to the crisis unable [...]
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 [...]
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