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Malta provides qualified persons employed in the field of aviation, with an opportunity to enjoy a 15% flat personal tax rate on income generated from their direct employment in Malta.
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Related insights:

RESIDENCY Applying for residence in Malta

Any EU, EEA or third country national who resides in Malta for more than 3 months is obliged to apply for a Residence Permit. There are various grounds upon which an applicant may apply to require a residence permit

01 Oct 2019

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2018 Amendments of the Income Tax Act
The following is a brief overview of the new tax provisions introduced in 2018 by the Budget Implementation Act (Act VII of 2018) and other legislative enactments

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Our ESEF reporting service is tailored to assist listed companies in complying with the European Single Electronic Format (ESEF) requirements. As of 2020, ESEF is mandated for annual financial reports of issuers with securities listed on regulated markets. We provide services for mapping the taxonomy and generating audit/regulator-ready xHTML reports.
Prospects MTF
As of 2016, small and medium-sized enterprises in Malta can access the capital markets through Prospects - a market of the Malta Stock Exchange (MSE) designed specifically for Small and Medium sized Enterprises (SME). Prospects offers a cost-effective opportunity for entities looking to raise up to €5 million per issue.
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Foreign direct investment (FDI) is the category of international investment that echoes the objective of obtaining a lasting interest by an investor in one economy in an enterprise resident in another economy.
Wholesale Securities Market
WSM is a joint venture between the Malta Stock Exchange and the Irish Stock Exchange, combining the best of each partner’s processes and technical skills.

Industries

Transport Services

Due to the breadth of expertise available, Grant Thornton can provide players in three main sectors of the transport industry; these being Maritime, Aviation,...

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Aviation
The Maltese Government is constantly remaining to improve the position as the best place to do business within the aviation industry through exhaustive tax agreements, powerful legislation, and many aviation professionals. This is the best time for airlines, financiers and aircraft owners to be located in Malta.
Maritime
For Maritime, Grant Thornton provide direction with regards to VAT guidelines for yacht leasing, as well as ship and aircraft registration.
Automotive
We offer a broad range of services relating to automotive, ranging from Transaction advisory, access to finance, business advisory, process and inventory management, tax advisory, audit and advisory, outsourced support services.

Consumer goods

The industry is emerging at a very fast rate. Consumers are building the industry by demanding lower prices and findings new ways to buy food and drinks,...

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Public sector

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iGaming

With a sound jurisdiction that steers clear of bureaucracy and that has a proven track record, the iGaming industry in Malta is continuing to build on its...

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Gaming Regulations
Malta recently overhauled the framework regulating the iGaming sector. Going forward operators will still be required to obtain authorisation to carry out regulated activities.
Licensing Process
Prior to submission all applicants are advised to go through a pre-application process with one of the MGA’s Licensing Officers. This will ensure that the application has been correctly compiled and all the key ingredients are present.

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Malta Real Estate Investment Trust (REIT)
As part of the 2019 budget, the government has pledged to introduce a Real Estate Investment Trust (REIT) framework in Malta.

Hospitality & tourism

The hospitality and leisure industry is going through a period of extraordinary, inevitable change and will look very different in 2020 than it does today. On...

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Healthcare

Healthcare is a swiftly changing sector. Providers and commissioners of healthcare encounter the challenges of rising public expectations, an ageing...

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Financial services

Financial services businesses engage in an increasingly complex and heavily regulated environment. Grant Thornton's multi-disciplinary Financial Services Group...

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The Markets in Financial Instruments Directive (MiFID) II
MiFID II aims to protect investors and make sure that financial markets operate in the fairest and most transparent way possible. Building on stock and investment trading regulation introduced in 2007 it sets to ensure a more integrated financial market.
Fintech and Innovation
At Grant Thornton we help innovative firms and entities operating in the fintech space launch new propositions and grow their business. We also help established businesses transform and take advantage of the fintech revolution.
Asset Management
At Grant Thornton we help innovative firms and entities operating in the fintech space launch new propositions and grow their business. We also help established businesses transform and take advantage of the fintech revolution.
Banking
Grant Thornton combines local insight with global scale to help banks meet regulatory expectations, improve technology, and finance the right companies. If you’re looking for a partner in the banking industry, our expertise can make a difference

Wholesale Securities Market

The Wholesale Securities Market (WSM), is an innovative market for wholesale fixed-income debt securities, offering issuers and arrangers of those securities access to an EU regulated market that is supported by the expertise of a dedicated listing agency service.

It is a joint venture between the Malta Stock Exchange and the Irish Stock Exchange, combining the best of each partners processes and technical skills.

Founded in 2012, the platform allows for the admission of wholesale-denominated debt securities with a focus on niche product issuances such as insurance linked securities (ILS), fund-backed securities, shipping securitisations and project bonds. WSM also offers trading membership and distribute data and announcements in relation to securities listed with it.

Listing on WSM is regulated by the Maltese Financial Markets Act (2002), which was amended in 2007 to take into account EU reforms. The Malta Financial Services Authority (MFSA) is the competent Listing Authority, with a number of functions and powers for admissibility and monitoring of continuing obligations of issuers delegated to the WSM Listing Committee.

Why list on WSM?

The Wholesale Securities Market is aimed at arrangers and issuers of wholesale fixed income products in EU countries. The securities eligible for admission to trading on the newly established market will be debt securities which are deemed suitable for professional investors operating in wholesale markets only and will not be sold to retail customers.

Key advantages of listing on WSM

guaranteed review turnaround times enabling easier planning of listing
a seamless listing process that is responsive to market participants
an EU ‘regulated market’ under the Markets in Financial Instruments Directive, enabling participants to reach a broad investor base
a proactive regulatory environment
a ‘recognised market’ for the purpose of exemptions on withholding tax (withholding tax exemption applies to securities listed on an EU-recognised stock exchange, whilst quoted Eurobonds benefit from an exemption from withholding tax on interest payments).
a competitive and straight-forward pricing structure
possibility to take advantage of local Maltese subsidiaries
Irish Stock Exchange’s significant experience in debt capital markets listing.

Our role as a listing agent

The WSM guidelines provide for the appointment of a Listing Agent for the admission process to ensure smooth and timely interaction between issuers and arrangers on the one hand and the MFSA and WSM on the other with respect to regulatory requirements.

As your listing agent we would be responsible to ensure that your company achieves the right level of corporate governance and transparency. We will also assist with applying for admission to The Wholesale Securities Market and guide you throughout the whole process.

Our role is also that of carrying out the necessary due diligence processes on the applicant, as well as ensuring that proper compliance, transparency and accounting protocols are adhered to. As your listing advisor we will maintain independence, impartiality, objectivity, confidentiality and ethical standards all throughout our engagement.

The following Grant Thornton Malta team members are fully proficient with the WSM: