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Monthly Archives: November 2015

Malta Citizenship by Investment – Individual Investor Programme (IIP)

Malta Citizenship by Investment – Individual Investor Programme (IIP)

Malta Citizenship by Investment Individual Investor Programme (IIP) The Government of Malta has recently reached an agreement with the EU Commission on the Individual Investor Programme (IIP) which allows Malta to grant Maltese citizenship by investment to foreign individuals and their families. The new citizenship programme – Malta Individual Investor Programme – is aimed at […]

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Hedge Fund Hotspot: Malta Nearing $16 Billion

Hedge Fund Hotspot: Malta Nearing $16 Billion

Malta Hedge Funds – A Real Contender as a Funds Jurisdiction New York (HedgeCo.Net) – The financial services industry in Malta is nearing a €10 billion ($16.6 billion) milestone.  It currently has €9.79 billion in net asset value spread across 620 hedge funds, 133 fiduciary licences, 28 international banks, 66 insurance operators, 26 fund administrators, and […]

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Malta – Israel Tax Treaty – In Force

Malta – Israel Tax Treaty – In Force

Malta – Israel Tax Treaty – Ratified: the double tax treaty between Malta and the State of Israel signed in Jerusalem on the 29th of July 2011 has been ratified by the Republic of Malta via Legal Notice 343 of 2013. Malta – Israel Tax Treaty. For a full list of Malta’s tax treaties go here The ratification […]

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Malta – Cayman: Sign Tax Information Exchange Agreement (TIEA)

Malta – Cayman: Sign Tax Information Exchange Agreement (TIEA)

London,25 November 2013: Malta – Cayman Sign Tax Information Exchange Agreement (TIEA) Malta (EU) and the Cayman Islands signed a Tax Information Exchange Agreement (TIEA) – which provides for a full exchange of information between the two jurisdictions on tax matters. The agreement was signed by Cayman Financial Services Minister Wayne Panton and  Finance Minister, Professor […]

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Acumum Attends Aviation ‘Global Connection Conference’

Acumum Attends Aviation ‘Global Connection Conference’

Acumum – Legal & Advisory attends Aviation ‘Global Connection’ Conference Acumum –  Malta’s international law firm and advisory boutique continues to develop its impressive profile within the Aviation arena by attending the 3rd annual Isle of Man Aviation Conference held on Thursday 13 June 2013, at the Royal Hall, Villa Marina, Douglas. The theme of […]

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NEW RESIDENCY SCHEME

NEW RESIDENCY SCHEME

Global Residency Programme A new residence programme for foreigners (non-EU) was launched this morning, replacing the permanent residence scheme which was amended in 2012. Parliamentary Secretary Edward Zammit Lewis said the Global Residence Programme, as the new scheme is called, will allow people who buy high value property and pay taxes in Malta to benefit […]

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IMF – MALTA REPORT

IMF – MALTA REPORT

IMF Report: Malta – 2013 Article IV Consultation Concluding Statement Macroeconomic outlook and challenges 1.         Malta has shown remarkable resilience in the face of a major crisis in Europe and its main challenge is to preserve this macroeconomic stability. Average growth of the Maltese economy (relative to historical average) has been the best in […]

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RUSSIA – MALTA TAX TREATY

RUSSIA – MALTA TAX TREATY

Malta-Russia Tax Treaty It is expected that the new tax treaty will be in force much quicker then its predecessor. Following the Cyprus crises, Malta has remained a tax compliant and tax efficient jurisdiction for legitimate businesses. Fitch has recently confirmed that Malta’s banking system is stable: Fitch Report: Malta Bank’s Stable – with the World Economic Forum […]

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MALTA’S BANKING SYSTEM SOUND – DON’T COMPARE TO CYPRUS – FITCH

MALTA’S BANKING SYSTEM SOUND – DON’T COMPARE TO CYPRUS – FITCH

Fitch, the international credit rating agency has released a report stating that Malta’s banking system is sound and should not be compared to Cyprus. Following the crisis in Cyprus, much has been said in recent news articles, comparing the situation in Cyprus to the economy and banking system in Malta. Malta has the 13th soundest […]

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Acumum Sponsors International Taxation Conference

Acumum Sponsors International Taxation Conference

As part of its commitment to continued education and best practice, Acumum is a sponsor of the Malta Institute of Management’s International Taxation Conference. Acumum’s Managing Partner Geraldine Noel says “We are delighted to be a sponsor of this prestigious event and strengthening our close ties with the Malta Institute of Management.  Both of Acumum’s lawyers and accountants are […]

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