After the Maltese government had already promoted its goal of positioning itself as “Blockchain Island” with the organisation of the Delta Summit in October, the big Malta Blockchain Summit followed. From November 1st to 2nd more than 5000 crypto enthusiasts, blockchain developers, start-ups and investors gathered at the Intercontinental Hotel in St. Julian’s. The Maltese...
A ‘Smart’ Introduction. You may all be familiar with ‘Skynet’ — the fictional neural-based conscious group and artificial intelligence system that serves as ‘the Terminator’ film series’ main antagonist. In the movie series, Artificial Intelligence (AI) had reached a stage where it was finally able to consciously decide and execute its plan [albeit rather unilaterally/independently]...
As an institution, the EU has helped many European countries progress. Certainly, this also includes Malta, which has been a member of the Union since 2004. Generally, I see myself as a citizen of Europe and welcome the European confederation. Still, at the same time, I sometimes find myself upset over individual actions taken by...
IMF releases statement praising government work on Malta In a recent statement, the IMF praised Malta’s government work. Stable economic growth in particular was one of the positive outcomes of work well done. Sustained structural reforms, the strengthening of both the public and private sectors and a sustainable fight against unemployment will lead to positive...
The festive season has started again, and people are getting ready to celebrate Christmas. Malta is a very catholic country and values traditions and religious festivities above everything else. Christmas is no exception. Although you will not find snow here, and usually not even people wearing winter garments, the Christmas spirit is present everywhere. The...
The European Commission released their annual study on gender equality in April. The statistics show that Malta has the fewest women in leading positions. Malta scores last in Europe with only a score of 2% of female company board members of publicly listed companies. Member of the European Parliament Viviane Reding stated that it would...
The decision to establish a company is often preceded by a great amount of thoughts. All eventualities must be weighed and considered and many decisions must be made and, if necessary, also be agreed upon by a partner. But then again, daily life in the office shows that things cannot move fast enough for the...
In today´s globalized world, leaving an international footprint is essential to a company´s success. As an entrepreneur, the legitimate question arises which location is the most appropriate for setting-up a business and which factors speak in favor of a certain location. So in this post I do not want to talk primarily about the tax...
In most cases the reason for founding a company outside of Germany is to save taxes or alleviate one’s or the company’s tax burden. In times when the only economically liberal party in Germany does not collect enough votes to enter the Bundestag, it is in my opinion a legitimate concern if your own interests...
When setting up a company in Malta, several factors have to be taken into consideration. One of the main reasons to choose Malta is to profit from tax advantages and to have a European location with a very company-friendly environment and structures. Large corporations like Lufthansa, Bosch or Playmobil have it easy, they just use...
