1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution
KSi Malta Logo

Double Taxation Treaty between Malta and Liechtenstein enters into force


 
 
Malta Liechtenstein
Malta Liechtenstein
PRLog - Aug. 6, 2014 - BALZAN, Malta -- Two countries of a similar small size, but with considerable promise in the financial services sector, have signed and agreed on the enforcement of a double tax agreement between them, which will come into effect as from 1 January 2015.

The treaty particularly provides for the mutual non-application of withholding taxes on outbound payments of dividends, interest and royalties between persons in the two countries. Together with the application of regimes such as the Participation Exemption, structures involving a Maltese- Liechtenstein combination are expected to be very efficient.

Should you require further information on the above, please contact our Tax Advisor, Benjamin Griscti on bgriscti@ksimalta.com.

Looking to extend your work or residence permit in Malta?

The Employment and Training Corporation (ETC) and Identity Malta have established a one-stop-shop application service for Third-Country Nationals (TCNs) wishing to reside in Malta for work purposes.

The application procedure has been simplified as TCNs will be required to submit only one application to the Department for Citizenship and Expatriate Affairs at Evans Building, St Elmo Place, Valletta.

This means that employers do not have to submit applications for their TCN employees. Nevertheless the employers must previously endorse the application.

This single-application procedure is available to all TCNs except those who fall within these categories:

- TCNs who are awaiting or have been granted protection and beneficiaries of either international or national protection.

- TCNs who have long-term resident status.

- TCNs who are self-employed workers.

- TCNs who are students recognized under the Student Regulations (Legal Notice 29 of 2008)

- TCNs working in Malta for up to 6 months only.

- TCNs working in Malta on the basis of a visa.

- Posted TCN workers and intra-corporate transferees.

The above will continue to require 2 separate procedures at ETC and Citizenship.

Are you a TCN and interested in relocating to Malta and wish further information on this procedure? Contact our Legal Advisor, Josef Cachia on jcachia@ksimalta.com for more info.

Contact
Luca Caruana
21226176
***@ksimalta.com

Photo:
http://www.prlog.org/12356589/1

--- End ---

Click to Share

Contact Email:
***@ksimalta.com
Source:KSi Malta
Location:Balzan - Balzan - Malta
Industry:Business, Finance
Tags:double tax, taxation, tcn, Malta Tax
Shortcut:prlog.org/12356589
Verified Account Email Address
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share