Topic
Family businesses
Malta’s Family Business Act and the incentives for transferring a business to the next generation.
7 news items and articles, newest first
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Reduced rates of stamp duty for donations of shares made in the context of a family business
Generally, transfers of shares in Maltese companies are subject to stamp duty at a rate of 2% of the ‘real value’. This rate will increase to 5% for companies that mainly own immovable property situated in Malta. For…
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Family businesses
The Minister of Finance has in his Budget Speech for the year 2024 announced that: The reduced rate of stamp duty of 1.5% applicable to certain transfers of family businesses to descendants has been extended. Family…
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Family Business Breakfast in Gozo
A Family Business Breakfast was organised by the Gozo Business Chamber on the 18th September 2018 at Hotel Ta’ Cenc & Spa in Sannat, Gozo. A number of well-known business persons took part in a panel discussion wherein…
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Extension for a reduced rate of stamp duty for family businesses
The incentive consisting of a reduced rate of stamp duty payable on the transfer of shares in family businesses and the transfers of commercial property that has been used in a family business has been extended for a…
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Family Business Support Services
Introduction to Family Business Support Services This measure is intended to support the development of Family Businesses in building internal capacities and supporting them in the transfer of their business activity.…
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Family Business Transfer of Ownership
Introduction on Family Business Transfer of Ownership Incentive The purpose of the incentive is to assist and facilitate family businesses to transfer their business from one generation to the next by providing benefits…
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The Family Business Act
Family Business Act Introduction By means of ACT No. XLVIII of 2016, the Parliament of Malta has enacted the Family Business Act with the following aims in mind: To encourage the regulation of family businesses and…