Insights

EU Guidance Note for Pleasure Boats and Aircraft AviationShipping, Yachting and Transport

EU Guidance Note for Pleasure Boats and Aircraft

At the end of April 2026, the European Commission issued a Guidance Document concerning pleasure boats and aircraft, addressing their treatment by customs and tax authorities. This marks the first instance in which the VAT status of privately owned vessels and aircraft has been specifically addressed by the European Union. The Presumption of Union Status At the very outset of the Guidance Note, the Commission clearly establishes a presumption of Union status in favour of pleasure boats and aircraft located within the EU. This status implies that such crafts are considered Union goods in free circulation within the EU customs…
Michela Formosa and Joshua Chircop
31st July 2026
Draft Rulebook on Aircraft Financial Leasing Aviation

Draft Rulebook on Aircraft Financial Leasing

Background: The First Phase of the MFSA Aircraft Leasing Consultation On 5th January 2026, the Malta Financial Services Authority (the “MFSA”) published a consultation paper proposing a notification-based regime for aircraft financial leasing companies. The first phase of the consultation was covered in an earlier article. The core proposition is to create an alternative to full licensing under the Financial Institutions Act (Cap. 376) (the “Act”) allowing companies meeting a specified asset threshold to notify the MFSA and operate under a tailored, lighter-touch framework. The said consultation invited feedback on the framework’s high-level design and the legislative amendments needed to…
Joshua Chircop and Nicholas Valenzia
28th July 2026
Mamo TCV Contributes to Chambers Aviation: Finance & Leasing 2026 Aviation

Mamo TCV Contributes to Chambers Aviation: Finance & Leasing 2026

Mamo TCV Advocates is pleased to announce its contribution to the 2026 edition of the Chambers Aviation: Finance & Leasing Global Practice Guide. The Malta chapter was prepared by Partner Nicholas Valenzia and Senior Associate Joshua Chircop, who share their insights on the legal and regulatory developments shaping Malta's aviation finance and leasing sector. Mamo TCV & Aviation Mamo TCV is recognised as one of Malta's leading aviation law practices, advising local and international clients across the full spectrum of aviation-related matters. The firm's Aviation team regularly assists with complex ownership and operational structures, aircraft financing and leasing transactions, acquisitions…
Mamo TCV Advocates
24th July 2026
What Every Employer Needs to Know About Malta’s Pay Transparency Law Employment and Industrial Relations

What Every Employer Needs to Know About Malta’s Pay Transparency Law

The introduction of Malta's Equal Pay (Transparency and Reporting) Regulations, 2026 marks a significant shift in how employers approach remuneration, pay transparency and gender equality in the workplace. While the new rules transpose the EU Pay Transparency Directive into Maltese law, many employers still have practical questions about how the legislation will operate in practice and what obligations it creates. To help employers better understand the new framework, MaltaCEOs.mt spoke to Dr Christine Calleja, Partner at Mamo TCV Advocates, who answers some of the most common questions surrounding the regulations, from reporting obligations and equal value assessments to complaint procedures,…
Mamo TCV Advocates
23rd July 2026
Malta’s Individual Tax Programme 2027: Key Changes from 1 January 2027 Immigration

Malta’s Individual Tax Programme 2027: Key Changes from 1 January 2027

Through Legal Notice 195 of 2026, Malta is introducing the Individual Tax Programme Rules, which will take effect on 1 January 2027 and reshape the landscape for internationally mobile individuals seeking Maltese tax residence. The reform preserves Malta’s 15% flat tax rate on qualifying foreign-source income remitted to Malta, but couples it with higher economic thresholds and tighter compliance to attract residents willing to make a more substantial, long‑term commitment. Consolidation of Existing Special Tax Programmes Currently, Malta operates several distinct programmes: The Residence Programme (TRP), the Global Residence Programme (GRP), and the Malta Retirement Programme (MRP), each with its…
Julian Fenech Adami
23rd July 2026
Regulatory Compliance Quarterly Update | Q2 2026 Insurance & ReinsuranceInvestment Services & FundsRegulatory Compliance

Regulatory Compliance Quarterly Update | Q2 2026

We are pleased to issue the seventeenth edition of the Regulatory Compliance Quarterly Update. These updates are intended to keep Maltese regulated entities informed of regulatory changes and developments taking place in the local financial services space. In this issue, we focus on the sector specific and cross-sectoral regulatory updates relating to investment services, CSPs, fintech, insurance undertakings and insurance intermediaries. The seventeenth Regulatory Compliance Quarterly Update can be found here.The Regulatory Compliance Quarterly Update does not purport to give legal, regulatory, financial or tax advice. Should you require further information or assistance, please do not hesitate to contact Michael…
Mamo TCV Advocates
17th July 2026