News

News
Recent changes to the Duty on Documents and Transfers (DDT) Act (the “Act”) necessitate companies to renew their duty on documents exemption status. The exemption can therefore no longer be considered indefinite.
Kenneth Camilleri, director at Chetcuti Cauchi chose to carry out the IronMan 2019 triathlon in aid of Claris Foundation.
 19 Sep 2019 Dr. Silvana Zammit
The second phase of the Sandbox Regulatory Framework has been launched by the MGA, and deals with applications for the use of ITAs and DLT.
 11 Sep 2019 Chetcuti Cauchi
Insights and recommendations on the bill for the Residential Lease Act published by The Office of the Parliamentary Secretary for Social Accommodation.
 09 Sep 2019 Chetcuti Cauchi
Recently, the MFSA, Malta’s sole financial regulator, has published its mission for the next three years. Whilst stressing on the significance of transparency, openness and accountability, the Strategic Plan 2019 – 2021 has been established in the context of the challenges currently being faced by both international and local financial markets.
 06 Sep 2019 Chetcuti Cauchi
By renewing the DDT10 exemption, it will ensure that companies remain complaint and continue to satisfy the conditions laid down by the Act. Moreover, such change will also continue to reinforce and strengthen the DTT10 exemption whilst establishing a more secure and regulated environment.
Greece Prime Minister Kyriakos Mitsotakis announced that there will be various tax deductions in order to attract more foreigners to invest in Greece. One of the major measures is the exemption of the 24% VAT. However, various other amendments will also be implemented.
 01 Aug 2019 Chetcuti Cauchi
Chetcuti Cauchi Advocates has partnered up with Mr Kaysi to take on the role of Regional Director. .
The MFSA has recently issued its Consultation Paper on Security Token Offerings (STO). Our firm will be providing its opinions to the Authority as an interested investor. This paper focuses on 6 different sections, being “defining security tokens”, “applications for approval of prospectuses and/or admissibility to listing and trading of traditional STOs”, “transparency requirements”, “secondary markets”, “market abuse regulations” and “post-trade settlement”.
By virtue of Legal Notice 110 of 2019 the possibility of consolidation for tax purposes was introduced into Maltese law. With effect from year of assessment 2020, subject to satisfying certain conditions, a parent company, as defined, and its subsidiaries may elect to be treated as a single entity for tax purposes.


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