Gatt Seretny

07/08/2019

Check out this MFSA Warning regarding a page purporting to provide financial assistance.

Beware of businesses you are transacting with in general. Unlicensed entities can bring with them many risks; both legal and transnational.

News MFSA Warning – Assistenza Finanzjarja Aug 07, 2019 by Lizianne Pace Frendo 0 Comments The Malta Financial Services Authority (“MFSA”) has become aware of an entity which has a presence on social media at https://m.facebook.com/assistenzafinanzjarja. This entity purports to “provide fina...

26/07/2019

News alert: European Commission publishes risk assessment and lists the following four sectors to the products and services potentially vulnerable to money laundering or terrorism financing within the internal market: privately-owned automated teller machines; professional football; free ports; and investor citizenship and residence schemes. You can access the full report by clicking the link.

The EU has laws in place to combat money laundering and the financing of terrorism.

18/12/2018

Attention all foreign controlled companies subject to tax in Malta. Just in time for the January 2019 deadline established by the European Council, we have Legal Notice 411 of 2018 introducing into Maltese law an interest deduction rule, an exit taxation rule, a general anti-abuse rule and a controlled foreign company rule! Sounds scary? Not to worry though, since this is in effect the expected transposition of the Anti Tax Avoidance Directive which we've been preparing for since 2016. If you want to read more about it check out the European Commission website: https://ec.europa.eu/taxation_customs/business/company-tax/anti-tax-avoidance-package/anti-tax-avoidance-directive_en

02/12/2018

Interesting sessions with Revenue Department organised this week by the Malta Institute of Taxation and The Malta Institute of Accountants! Big push recently to improve the online system for filing of tax documents. This gives us the tools to offer clients better oversight over tax administration so clients can enjoy a better service overall 👌🧐👉

18/07/2018

takes a pro-active approach to reporting suspected money laundering. Good news for its fans!

Critics question if UK fintech can maintain defences against crime amid rapid growth

02/07/2018

Don’t forget! Today is tax deadline 🤔 make sure those tax returns are submitted on time to avoid penalties!!

08/05/2018

Internet hosting company, Site Ground is offering this free GDPR online seminar and we thought it might interest you. Check out the link!

The deadline for compliance with the new European Union data privacy regulation - GDPR is approaching fast! Get a free legal consultation from SiteGround's Legal Advisor in the upcoming webinar!

24/04/2018

Do you have an innovative business idea?Check this out:

The TAKEOFF Seed Fund Award
Supporting innovative entrepreneurs and researchers

For the 5th year running, the TAKEOFF Seed Fund Award (TOSFA) will support researchers and entrepreneurs with their innovative technologies and business concepts. A total of €100,000 will be awarded through a competitive process whereby the best written applications are shortlisted for a live pitch in front of a panel of judges, with the top applicants receiving funding.

The Ministry for The Economy, Investment and Small Business (MEIB) and the University of Malta have launched the 2018 edition of TOSFA, with the support of the University’s Knowledge Transfer Office (KTO), TAKEOFF Business Incubator, and the Centre for Entrepreneurship and Business Incubation (CEBI).

Entrepreneurs and start-ups working on ideas for innovative products and services are encouraged to apply for up to €20,000 in Seed funds, intended to take them a step closer to their first customer or investment. Researchers working on innovations developed through University R&D may apply for Proof of Concept funds to take their technology closer to commercialisation. Award winners will also receive mentoring and support for their endeavours through TAKEOFF and the Knowledge Transfer Office.

Workshops to explain the application process and provide the skills and tools necessary to create a competitive proposal will be held on the 2nd May for University researchers (Proof of Concept funds) and the 5th May for entrepreneurs (Seed funds). For the first time since the Award’s inception, these workshops are mandatory for all interested applicants, and the final application form will only be accepted if applicants or their representatives register and attend the respective TOSFA workshop.

The deadline for submission of written applications for TOSFA is Friday 18th May at noon. For further details visit

Through its partners, TAKEOFF operates and provides grants for teams working on innovative business ideas, to help them make step change and get closer to the market and investors

30/03/2018

Many traditional import/export businesses today are struggling to survive. Drop-shipping really could be a great solution to inject new life into Malta-based import/export companies!

Living on an island is a disadvantage for most traditional product-based markets. We're not only small. We're also insulated. But no need to despair. Drop shipping may yet save the day.