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In the Budget speech for 2021, Finance Minister Prof. Edward Scicluna announced various measures for the regeneration and stimulation of the economy. A number of incentives forming part of the Economic Regeneration Plan targeting the retail, catering, and tourism sectors and the property sector were extended whilst various fiscal, social, and environmental measures were rolled-out to assist pensioners, employees, and small businesses in view of the challenges posed by the COVID-19 pandemic. Other incentives announced are aimed at reaching the Government’s longer-term goal of reducing harmful practices on our environment and to promote a greener economy. For further information about the principal measures to be introduced kindly click here.

During the past days, the Malta Business Registry has issued an important notice to the Company officers on the new register of BO (Beneficiary Owners) procedures. This applies to companies for which a corporate shareholder is present in the structure of the Company. If this applies to your company, you will be notified by our office when this falls due.  Please make sure to let us know of any changes in the shareholders, directors, and senior managing officials of the Company. Failure to comply with these obligations will result in penalties by the Malta Business Registry. Below please find the link to this notice: https://registry.mbr.mt/static-resources/documents/docs/Notice%20regarding%20Beneficial%20Owners%20Forms.pdf For any further information required, please email our Corporate Department on antonia.zammit@dfkmalta.com or michaela.borg@dfkmalta.com

On 8 June 2020, the Prime Minister, the Minister for Finance and Financial Services and the Minister for the Economy, Investment and Small Businesses announced a €900 million package of measures intended to regenerate the economy following the COVID 19 pandemic. For further information on what measures this plan entails please click on the following link : https://dfkmalta.com/wp-content/uploads/2020/06/DFK-Malta-Tax-Consultancy-Limited-ECONOMIC-REGENERATION-PLAN-08.06.2020.pdf

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On Saturday 15 February 2020 DFK Malta celebrated its 30th anniversary. The occasion was marked with a blessing of the firm’s recently refurbished offices in Balzan followed by a reception at the neighbouring Corinthia Palace Hotel. The reception was attended by the firm’s staff and their guests and by Mr. Martin Sharp, Executive Director of DFK International, and Ms. Anne Brady, Vice-President of DFK EMEA (Europe, Middle East and Africa), who attended on behalf of DFK International. In Mr. Sharp’s words, “DFK Malta has been a loyal and committed firm of DFK International for many years.  It has been involved at both EMEA regional and international levels, and with our Young Professionals Programme.” “The firm has been active with both inbound and ...

Neil Maniscalco has been appointed as Director at DFK Malta Audit Limited, joining directors Emanuel Farrugia, David Farrugia and Joseph Camilleri. Neil joined DFK Malta in August 2018 and is principally involved in managing audits for both local and foreign clients. Neil has accumulated practical audit knowledge and experience across various industries including manufacturing, retail and wholesale, hospitality, property and IT. In 2010 Neil joined as a student worker within the audit department of one of the “Big 4” audit firms and after successfully completing the B. Accountancy (Hons.) degree from the University of Malta in 2012, joined on a full-time basis. During this time, Neil was involved in assisting and managing the audits of some of Malta’s largest groups ...