The Commissioner for Revenue notifies that for Year of Assessment 2020, the deadline for the filing of the income tax return by a principal taxpayer in respect of a fiscal unit is being further extended to 30 June 2021. The payment deadlines will remain as those communicated in the previous notice below. The Commissioner for […]
The Malta Financial Services Authority (“MFSA”) has become aware of an entity operating under the name of Brava500 which has an internet presence at https://brava500.com/. The MFSA wishes to alert the public, in Malta and abroad, that https://brava500.com/ is NOT a Maltese registered Company NOR licensed or otherwise authorised by the MFSA to provide any […]
The Malta Financial Services Authority (“MFSA”) has become aware of an entity operating under the name of Procryptotradings which has an internet presence at https://www.procryptotradings.com/. The MFSA wishes to alert the public, in Malta and abroad, that https://www.procryptotradings.com/ is NOT a Maltese registered Company NOR licensed or otherwise authorised by the MFSA to provide any […]
The Commissioner for Revenue and the Registrar of Companies would like to notify that, in respect of share transfers and changes in issued share capital/voting rights of companies and other commercial partnerships where applicable, or transfers of interests in partnerships, requiring registration by the International and Corporate Tax Unit (ICTU), all relevant documents should be delivered […]
The Malta Financial Services Authority (“MFSA”) has become aware of an entity operating under the name of Betal Trade FX which has an internet presence at www.betaltrade.com. The entity claims to have “a category 3 licence by the Malta Financial Services Authority in terms of which it is authorised to provide investment services from Malta”. […]
In March of 2019, the European Parliament and Council, enacted Regulation (EU) 2019/452, which established a framework for the screening of foreign direct investments into the Union. The regulation, which entered into force in April of the same year, applies to transactions taking place post-October 2020, onwards. The FDI Regulation represents a crucial shift, for […]
The FIAU introduced a new list of indicators from January 1, 2021, to better capture similar characteristics from reports in a more granular manner, to improve data collection and the capacity of typology identification. Thus, the reporting entities are kindly asked, with the aid of indicators, to capture all elements that can briefly summarise the […]
Reference is made to the Transitory Period allowed in terms of Article 62 of the Virtual Financial Assets (“VFA”) Act (“the Act”), which came to an end on 31 October 2019, wherein entities were allowed to provide VFA services. Following the expiry of the transitory period, entities operating under the transitory provisions had the below […]
The Commissioner for Revenue (‘CfR’) has notified the publication of the Guidelines on the Mandatory Automatic Exchange of Information in relation to Cross-Border Arrangements (‘Guidelines’). The Guidelines are issued in terms of Article 96(2) of the Income Tax Act (Chapter 123 of the Laws of Malta) and are to be read in conjunction with the Cooperation […]
It has been brought to our attention by the Malta Foreign Direct Investment Screening Office that, as from the 11th January 2021, the MBR will not be forwarding to the said before Office the M&As of companies any longer. It will then be up to the Investors/Directors/CSP to inform the said Office when screening is […]