Prada\u2019s Pattern Mark: A fight for Trademark Recognition<\/h5><\/a>
10 April 2024<\/div>

A recent decision notably pronounced by the Second Board of Appeal on December 19, 2023, concerned PRADA S.A.’s pattern mark (case R 827\/2023-2). Prior to this appeal, the examiner in European Union trademark application No. 18 683 223 initially rejected the disputed pattern trademark due to the observation of a lack of distinctiveness, prompting PRADA...<\/p><\/a>READ MORE +<\/a>\n\t\t\t<\/div>

Survey on the EU Sustainability Disclosure and Reporting Regime<\/h5><\/a>
7 February 2024<\/div>

MFSA has today issued a survey with the aim of gauging stakeholders\u2019 level of understanding and preparedness with regards to sustainable finance disclosure and reporting obligations, as well as challenges associated therewith. MFSA is inviting the following stakeholders to participate in such survey by Wednesday 28th February 2024:  Completion of the survey is on an...<\/p><\/a>READ MORE +<\/a>\n\t\t\t<\/div>

Tax Commissioner allows accelerated deductions in respect of intellectual property and intellectual property rights<\/h5><\/a>
2 February 2024<\/div>

The Commissioner for Tax and Customs in Malta issued a notification, ushering in changes to the rules relating to deductions in respect intellectual property (IP) and intellectual property rights (IPRs). The key modification introduced by this notification involves an acceleration in the timing of deductions for capital expenditures on IP or IPRs and is effective...<\/p><\/a>READ MORE +<\/a>\n\t\t\t<\/div>

Guidelines on reduced 12% VAT Rate on yacht charters commencing in Malta<\/h5><\/a>
31 January 2024<\/div>

In terms of Legal Notice 231 of 2023, which amended the Eighth Schedule of the Maltese VAT Act (Cap 406 of the Laws of Malta), a reduced VAT rate of 12% shall apply to the yacht charters commencing in Malta. On 29th January 2024, the Malta Tax and Customs Administration issued guidelines for the application...<\/p><\/a>READ MORE +<\/a>\n\t\t\t<\/div>

MFSA issues an updated Corporate Governance Manual for Funds<\/h5><\/a>
2 November 2023<\/div>

On the 30th October 2023, the Malta Financial Services Authority (\u2018MFSA\u2019) issued an updated version of the \u2018Corporate Governance Manual for Directors of Collective Investment Schemes\u2019. The Manual is complementary to the new \u2018Corporate Governance Code\u2019 published by the MFSA in August 2022, and focuses on the principles that should be followed by directors of...<\/p><\/a>READ MORE +<\/a>\n\t\t\t<\/div>

Reduced VAT rate for short-term yacht charters<\/h5><\/a>
13 October 2023<\/div>

The yachting industry in Malta is an ever-growing sector. At present, there are over 1,000 yachts above 24 metres in length registered under the Malta flag. Several yachting companies have opted to establish themselves in Malta due to the various benefits that may be enjoyed as well as the facilities available on the island. As...<\/p><\/a>READ MORE +<\/a>\n\t\t\t<\/div>

MFSA Announces Consultation on Changes to Chapter 3 of the Virtual Financial Assets Rulebook<\/h5><\/a>
22 September 2023<\/div>

The Malta Financial Services Authority (\u2018MFSA\u2019) has, on the 18 September 2023, issued a draft version of the updated Chapter 3 of the Virtual Financial Assets Rulebook for consultation (the \u2018Consultation Document\u2019). The Consultation Document aims to align the VFA Framework following the entry into force of the Markets in Crypto- Assets Regulation (\u2018MiCAR\u2019) in...<\/p><\/a>READ MORE +<\/a>\n\t\t\t<\/div>

Malta Enterprise Announces Financial Assistance for ESG Reporting<\/h5><\/a>
12 September 2023<\/div>

The Minister for the Environment together with the Malta Enterprise CEO have announced a new ESG Grant intended to help support small and medium sized businesses (SMEs) in enhancing their sustainability and further push them to be more environmentally conscious. The Grant aims at providing financial assistance to an extensive list of businesses which will...<\/p><\/a>READ MORE +<\/a>\n\t\t\t<\/div>