News

19.04.2022

Recently, some of the most common questions we’ve received from our clients include: “What does it take to open a bank account in one of the safe financial hubs, e.g. Switzerland, Liechtenstein, or Luxembourg?”; “How can I protect my assets and keep a number of [...]

17.04.2022

A smart option that saves you time and money Deciding upon a trading vehicle structure and location is a key decision for every entrepreneur. Although there are many high-quality options available, a lot of people struggle to find the best corporate structure and suitable jurisdiction [...]

14.04.2022

If you’re looking for the perfect location to set up your business and later obtain naturalisation through investment, Malta is one of the best options around. In this article, we’ll explain the many benefits of Malta as a place to help both you and your [...]

27.01.2022

On 9 December 2021, the Cyprus Parliament approved the expansion of the definition of corporate tax residency for Cyprus companies to additionally include the incorporation test. As per current law, a Cyprus company is considered a Cyprus tax resident if the management and control are [...]

22.07.2021

The Group of Seven (G7) rich nations have recently reached a landmark deal for the creation of a global minimum corporate tax rate of 15%. The tax rate would be used to target mainly the largest and most profitable multinational companies (“MNCs”) such as Amazon, [...]

22.06.2021

Over the past few years, increasing amounts of people from all over the globe have left their stressful, or unfulfilling desk jobs, opting for the “digital nomad” lifestyle. Working as a digital nomad is a great option for a number of reasons: you can be [...]

16.12.2020
On 6 October, 2020 the EU Council has issued a press release dedicated to the regular update of EU list of non-cooperative jurisdictions for tax purposes. This time Anguilla and Barbados have been listed, Cayman Islands and Oman have been de-listed. [...]
16.12.2020
The OECD Forum on Harmful Tax Practices (FHTP) has published the peer review results on countries’ progress in implementation of the BEPS Action 5 Minimum Standard (“Countering harmful tax practices more effectively, taking into account transparency and substance”). [...]
16.12.2020
The EU received approval from finance ministers of its member states in November to set up an anti-money laundering watchdog with the authority to directly interfere with national jurisdictions if it finds that they have failed to comply. [...]
16.12.2020
On 11 November the Federal Council announced the entry into force of an amendment to the Ordinance on the International Automatic Exchange of Information in Tax Matters from 1 January 2021. The amendments follow the recommendations of the Global Forum on transparency and exchange of [...]
16.12.2020
A number of changes related to the transfer of shares of private limited companies entered into force in May and August this year. The main purpose of the changes was to simplify the transfer of shares and to make it foremost easier for foreigners to [...]
15.12.2020
Legal Notice 110 of 2019 has introduced the possibility of income tax consolidation in Malta. The said Legal Notice introduces the Consolidated Group (Income Tax) Rules, 2019, as subsidiary legislation to the Maltese Income Tax Act, Chapter 123 of the Laws of Malta. [...]

Menu