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Employment and Industrial Relations

New Business Hours Regulations in Malta – Express Consent of Employee Required to Work on Sundays

In line with the new Business Hours Regulations (Subsidiary Legislation 441.08), which have come into force as of January 2017 and which allow shops to open on Sundays (subject to the opening times established in the same Regulations), the Wholesale and Retail Trades Wages Council Wage Regulation Order (Subsidiary legislation 452.63) has also been amended.Amongst other changes in the working times and periods of rest, an important introduction in the Wholesale and Retail Trades Wages Council Wage Regulation Order is that contained in regulation 6A which provides that employees covered by the Wage Regulation Order shall only be obliged to work…
Christine Calleja
10th March 2017
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Intellectual Property

Mamo TCV Participates in Malta EU Presidency Conference on IPR Enforcement

On 2nd March 2017, an international conference on IPR enforcement was held at the Corinthia Hotel in St. George's Bay, St Julian's, Malta. The conference was organised by the Maltese Presidency of the EU Council, Malta Customs and the European Observatory on Infringements of Intellectual Property Rights (EUIPO). A number of prominent representatives from various institutions and bodies participated in the event (including the European Commission, UNIFAB, the EUIPO, INTA as well as the US attache' to the EU). Mamo TCV Advocates was represented by Dr. Claude Micallef-Grimaud from the firm's Intellectual Property (IP) Department who delivered a presentation on…
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Insurance & Reinsurance

Captive Review: Malta Focus

The captive continues to be considered as an important alternative risk transfer tool for an increasing number of companies including SMEs. Despite the fact that the captive insurance market continues to attract more interest, it requires to adapt itself to the new challenges of the 21st century. Increased compliance costs and higher capital requirements seem to be shifting the interest of captive owners from stand-alone captive to cell captives forming part of a Protected Cell Company structure. Malta provides the right regulatory environment and a diverse selection of corporate structures which have propelled this EU member state to become a…
Edmond Zammit Laferla
3rd March 2017
FAQ

Citzenshipold

Citizenship/Residence /Visa Why choose to live in Malta? In 2015, Malta was voted the third best place in the world to live Malta has long been coveted for its strategic location, temperate Mediterranean climate, and more recently the advantages afforded by being the smallest EU (and a Schengen) Member State. Its continued focus on; increasing direct travel links with the world’s major financial centres, offering a safe environment, broadening its bi-lateral immigration treaties and maintaining one of the top ranked passport in the world, ensures that it’s colourful history will continue to be written.  1. Malta’s Individual Investor Programme (MIIP)…
MamoTCV Advocates
24th June 2016
FAQ

FAQs – Tax

Tax Under Maltese law, the concept of taxation is based on one’s residence and domicile status which determines whether an individual is chargeable to income tax, and certain capital gains, in Malta on a worldwide basis or on a remittance basis. Malta therefore asserts jurisdiction to tax on the basis of territoriality, ordinary residence, domicile and remittance. The Maltese remittance basis of taxation for individuals who are resident in Malta but not domiciled, allows for flexibility on the amount of chargeable income an individual may be subject to in a given calendar year. For more information about our corporate practice please click here.…
MamoTCV Advocates
24th June 2016
FAQ

FAQs – Shipping

Shipping In terms of the Merchant Shipping Act, a vessel that can be registered in Malta comprises any description of vessel used in navigation, whether self-propelled or not, and it includes barges, pontoons, floating establishments, installations or structures, oil rigs and other similar vessels. For more information about the Shipping practice of the firm please click here. The registration process is quite straightforward. Besides complying with technical requirements mandated by the IMO for a particular vessel type (compliance with applicable conventions), the registration process would entail the filing of the following documents: (i) an application for registration (ii) a declaration of ownership (these…
MamoTCV Advocates
24th June 2016