A new residence programme for foreigners has been launched in Malta on 1st June 2013 to replace the High Net Worth Individual program introduced in 2011, which in turn had been introduced to replace the Permanent Residence Scheme. The programme aims to act as an incentive for persons outside the European Union and thresholds in relation to the value of ... Read More »
Author Archives: Michael Gatt
Summa Fiduciary Services Ltd celebrates its tenth anniversary today
The company was incorporated on the 14th January 2003 and the business has since diversified and grown steadily from strength to strength over the past ten years. The directors continue to uphold the same values of primarily providing an individualized and efficient professional service to their clients. Read More »
Update to the Highly Qualified Persons Rules
The Highly Qualified Persons Rules, 2011 enacted by virtue of Legal Notice 106 of 2011, provide for the application of a beneficial 15% tax rate in respect of certain qualifying employment posts. By virtue of Legal Notice 306 of 2012, the application of the Highly Qualified Persons Rules has now been extended to include positions within the aviation sector.The reduced ... Read More »
New Website Launched
We have launched our new website one year after having moved into our new offices and will shortly also have the new site translated in Italian. Read More »