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Invest in property worth €320,000 or €270,000 if in the South or Gozo. 4m. There is no property tax, inheritance tax or gift tax. The Industrial Tribunal insists that a resignation from an employment should not be equivocal. We have in-depth knowledge and proven experience in the iGaming, insurance, and asset management industries. iGaming Tax and Licence Fees in Malta; Malta iGaming Licence Types; Key Function Services; International Gaming Jurisdictions; Co-location Services and Hosting Services;. Since the early 2000s when the first iGaming company set foot on the island, a flourishing ecosystem for the iGaming industry has emerged in Malta. At 15 my entrepreneurial journey kicked off. Enquire. It has to be clear. iGaming Companies Tax & Fees in Malta – Complete Overview. +356 21237277. iGaming Tax and Licence Fees in Malta; Malta iGaming Licence Types; Key Function Services; International Gaming Jurisdictions; Co-location Services and Hosting Services; Accounting Services. Malta’s regulatory system is both responsive and straightforward, with controls that both protect consumers and advance the interests of companies within the industry. The Consulate offers assistance to Filipino nationals who live or transit in the consular jurisdiction of the Republic of Malta. Incentives for iGaming, Financial Services, Innovation, Digital. MEDIA ROOM. Income tax. In this case, the annual tax fee is €10,000. Standard procedure: If applying after 36 months, a contribution of €650,000 for the Main Applicant and €50,000 is added for each additional dependent; 2. The Isle of Man Gaming Jurisdiction is highly regarded and a well. iGaming Tax and Licence Fees in Malta; Malta iGaming Licence Types; Key Function Services; International Gaming Jurisdictions; Co-location Services and Hosting Services; Accounting Services. MEDIA ROOM. Ordinary residency is typically pursued by individuals who intend to reside in Malta for a longer duration. If the property is rented, the contribution will be at a minimum amount of €58,000. The luxury real estate sector in Malta has been expanding for several years, particularly in the last decade. In its pursuit to attract talent to Malta and to accommodate foreign companies which need to bring in human resources from abroad, the Maltese legislator has introduced a number of attractive employment incentives which cover tax incentives, soft loans, investment allowances, training assistance and more, as well as flexibility in activities. By virtue of Legal Notice 56 of 2017, the Legislator has issued Consumer Alternative Dispute Resolution. starts here. 1. Should such central administration change […]3. MEDIA ROOM. What is Malta’s tax rate for expats?. Malta is a small Mediterranean Sea island nation that has become a hub for the iGaming industry due to favourable regulations and tax policies. Alternative dispute resolution (ADR) refers to a variety of processes that help parties resolve disputes without resorting to Court. iGaming, and digital technology, while several leading aerospace companies have established subsidiaries there; Logistics: Malta’s location in the Mediterranean is economically. This Act is commonly referred to as ‘The Company Service Providers Act, 2013’ and. While anti-money laundering and combatting the funding of terrorism (“AML/CFT”) was not a new concept to the industry, the inclusion of online gaming in the definition of a relevant activity brought with it. January 24, 2023 Malta is an attractive and reliable leading destination for opening and operating iGaming companies. And finally, the minimum issued and paid-up capital in Malta is from 40,000 to 100,000 euros. CSB Group has the necessary knowledge on regulated industries in Malta and can help you succeed with your financial services set-up. iGaming, often synonymous with online gambling, encompasses activities like online casinos, poker, sports betting, and lottery games on digital platforms. The regulatory framework for iGaming business in Malta has established a number of incentives and advantages. 134 to the Maltese Income Tax Act, a special tax status has been issued for retirees of all nationalities alike, including third-country nationals, except Maltese, when remitting their pension into Malta. To bring in more qualified foreign personnel, Malta designed an incentive tax system to target the foreign audience; mainly drawing in the financial sector, iGaming businesses, and the aviation districts. The major requirement for the online gambling types listed below is a that they must have a license issued by the Malta Gaming Authority (MGA). Vanessa Fenech vs SL Shipping Management Company Limited tackled ‘redundancy’ as an element of ending. On the 26th of October 2018, through Subsidiary Legislation 416. For B2C type 1-3, the fee is €25,000, and for type 4, it is €10,000. VC (VacancyCentre), a leading boutique well-established recruitment agency in Malta. Malta Tax Residency. The novelty about this bill is that the first method of reconciliation which. At IGA Group we aim to make your business journey as smooth as possible. com iGaming Tax and Licence Fees in Malta. Malta Gaming Legislation and Regulations. What do these draft Rules State. As a leading corporate services company in Malta, our Tax Consultants in Malta assists clients with Tax Advisory to help. Malta has a Unwavering Economy. Typically, for tax purposes, all gaming services are mandated to pay a tax rate of 5%. By virtue of Legal Notice 56 of 2017, the Legislator has issued Consumer Alternative Dispute Resolution. F: +356 2557 2558. . This article has been authored by Andres Gutierrez, CSB Group's Investment Migration Consultant. 346. The innovative and robust gaming framework that began in 2004 has made Malta the hub of the iGaming sector. The Council presidency and the European Parliament arrived at a provisional agreement on the Markets in Crypto-Assets (MiCA) proposal in June 2022. A number of amendments have been effected to the Malta Residency and Visa Programme (Malta Golden Visa) Regulations (Subsidiary Legislation 217. Class 4: Software vendors taking commission on wagers – 3%. Aside from an attractive tax regiment, Malta has fostered a strong iGaming ecosystem, with a significant pool of talent in a highly concentrated area. Looking ahead, the Western European esports industry is forecasted to have a year-on-year growth rate of 33% in 2022. starts here. A Q&A guide to gaming in Malta. Primarily, it is to be highlighted that a cell company is a company formed or established as such or converted into a. Maltese citizens were estimated to have spent around €125 million in gaming services during 2015, which is around 2. Renting. 5 billion ($27. Tax Incentives: Malta offers attractive tax incentives for iGaming businesses, making it a cost-effective choice for. Companies incorporated in Malta are required by the Maltese Companies Act, 1995 to keep proper accounting records, which should reflect the true and fair position of the companies’ affairs, its financial performance and cash flows. CSB Group has more than 35 years of experience and the expertise needed to help you with all your corporate service needs. Malta operates a full imputation system which means that the effective rate of tax can be as low as 5%, depending on the situation. Licensees shall also. Smarter business. N. Smarter business. 5% in taxes if the company's gross gaming yield is below $20 million and 0. December 23, 2016. F: +356 2557 2558. 3 million this year. 35% corporate tax rate shall apply to the profits generated by remote gaming operators. Any person in possession of a licence issued by the MGA shall pay the Authority the appropriate non-refundable fixed annual licence fee. B2C operators are charged 5% gaming tax on the gross revenue generated from Malta-based players. This consultation brought the implementation of Legal Notice 335 of 2017 entitled ‘Grant of Citizenship for Exceptional Services Regulations’ which has to be read in conjunction. Societas Europa (SE) is a public limited liability company regulated under EU law. F: +356 2557 2558. Share Capital requirements subject to the class of gaming license applied for. MALTA IGAMING TAX. General obligation to main effective arrangements, systems and procedures in place and. E: info@csbgroup. This section considers the benefits of pursuing a career in the iGaming industry in Malta: Earning potential. Class 1 on Class 4: €1,250 per month. The Transfer Pricing Rules shall come in to effect as from 1st January 2024 in relation to any arrangement entered into on or after that date, and for those arrangements entered into before that date. Of these, there are four license types: Class 1: Casino Style Games, Lotteries and Slots – 49%. “These indirect activities include Full. In all cases, a basic non-refundable fixed annual license fee is levied. According to Article 20A of the Malta Financial Services Authority Act, the Minister for Finance, Prof Edward Scicluna has conferred upon him the power to make. March 2, 2017. The registration of trademarks in Malta is regulated by the Trademarks Act, Chapter 597 of the Laws of Malta (the “Act”), and all subsidiary legislation thereunder. CSB Group was founded in 1987 by its now chairman, Mr Tony Zammit. The non-resident shareholders of a licensed company, whether natural or corporate, are eligible to obtain, and avail. F: +356 2557 2558. This is pursuant to Act XLIII of 2014. F: +356 2557 2558. As of 1 January 2015 the place of B2C supplies of electronic services by any supplier will shift to the country where the customer/player is established or usually resides. Expat Tax Rates in Malta. Malta, 24 November 2023 – Deloitte has secured top tier rankings in International Tax Review’s (ITR) 2024 World Tax guide. CSB Group has been involved in the iGaming industry since its inception in Malta. Malta launched its iGaming license in 2002, and since then, it has grown to become one of the world’s leading iGaming jurisdictions, home to some of the biggest names in the business. Enquire. Aside from an attractive tax regiment, Malta has. Late in January 2021, the Malta Financial Services Authority published amendments to the Conduct of Business Rulebook (the “Rulebook”) targeting the securities sector. On 18 th November 2022 Malta has published Legal Notice 284 of 2022 hereby implementing Transfer Pricing Rules in to legislation. After all, this country has certain traits that make it a perfect online gambling hub. Back in March 2021, the use of Cash (Restriction) Regulations (Subsidiary Legislation 373. Renting a property will account for a large part of your living expenses. the threat of Greylisting again is majorly problematic. Malta’s advantageous tax regime is a pillar to Malta’s strong economy. mt. Tax on your salary in Malta. Any Malta-based company is subject to a 35% corporate tax rate. Class 1 have a minimum fee of € 15,000 and is capped at € 375,000 and the percentages range from 0. Malta is a hub for iGaming, fintech, finserv, IT, eCommerce, crypto, blockchain, and more; Malta is a safe and stable country with low crime rates; The business environment is welcoming and flexible; Regulators are approachable and fair; There is a vast network of double taxation treaties; Malta implements a full tax imputation system on. In 2004 Malta became the first EU member state to enact comprehen. CSB Group assists clients with setting up a Foundation in Malta through its licensed entity, CSB Trustees & Fiduciaries Limited, which is licensed by the Malta Financial Services Authority to act as an administrator of private foundations in Malta. B2C operators are charged 5% gaming tax on the gross revenue generated from Malta-based players. Advantages of the use of Malta Trusts in Employment. The Consolidated Group (Income Tax) Rules, 2019; Recent development on Tax; IRD News; Tax Credits for the refurbishment of hotels ; Skills Development scheme; Family Businesses: Reduced Rate of Duty; Malta’s Response to EU’s Anti-Tax Avoidance Dir. In cases of unfair dismissal, such as the dismissal of a pregnant employee, the Tribunal is the authoritative body to calculate the compensation due by the employer to the employee in respect of wrongful dismissals. July 7, 2021. Today, Malta is established as a serious and well-regulated. Globally the iGaming industry is worth more than. The Remote Gaming Regulations (hereinafter referred to as the ‘Regulations’). T: +356 2557 2557. T: +356 2557 2557. Personal tax rates 2021: Single rates: Establishing a Culture of Compliance. The nation’s bet to be at the forefront of the budding industry in the early 2000s paid off, with the country becoming a top choice for operators looking to get licensed. Single Permits can now be issued from Gozo. The drafting and issuance of the PYC is a clear indication of Malta’s commitment towards the super-yacht industry. E: info@csbgroup. E: [email protected] Group has more than 35 years of experience and the expertise needed to help you with all your tax service needs. Changes to the Malta IIP Programme have been announced and a new Malta IIP programme with new regulations. In sum, gaming taxes are largely capped at a maximum of € 466,000, per annum. By virtue of the amendment to Article 211 of the Companies Act, the previous condition that a private limited liability company could not be private exempt, if it had a corporate entity as a shareholder (unless such corporate entity was also private exempt) has been removed. Construction contracts are also deemed to constitute capital goods. Malta is one of the most advanced and respected online gaming jurisdictions in the world, as well as having the most licensed operators. Conclusion. Combined with their large iGaming industry, it is the perfect place for crypto gambling entrepreneurs. iGaming Tax and Licence Fees in Malta. Uncover the key advantages of obtaining Malta residency, including access to the European Union and the Schengen Zone, favourable tax conditions, and a. This commission will deduct 1. The influx of foreigners looking to work, live and looking into investing in Malta created more demand for luxury properties and this sector continues to grow. I of 2020 in Government Gazette No. iGaming business was identified as a sector having solid growth potential. To enjoy the benefits that are available for tax residents, you don't need to live on the island for at least. Malta stands at the epicentre of an iGaming industry that keeps thriving. CSB Group has more than 35 years of experience and the expertise needed to help you with all your shipping & yachting service needs. have been involved in various online businesses including the remote gaming industry since its inception in Malta in 2004. The New Commercial Yacht Code 2020. As such, individuals eligible to benefit under these programmes would be taxable in Malta at the favourable flat rate of 15% on a source and remittance basis. Such rates can be summarised as follows: Class 1 standalone: €7,000 per month. As stated in the Malta Financial Services Authority’s (MFSA) Newsletter of November 2015, Directive 2013/34/EU of the European Parliament and of the Council was published in the EU Official Journal on the 29th June 2013, which also repealed the fourth and seventh accounting directives dealing with the preparation of separate and. The quality and experience that trained candidates can bring to a business is critical to a successful operation. We work closely with our clients to understand their needs and propose innovative solutions for the challenges they face. See updated tables for 2023 Malta operates a progressive tax rate system, the more you earn the more you pay. €1,019m. The industry and the Malta Gaming Authority have worked tirelessly together to continuously raise the bar. 2. The end result will be that VAT would only be charged on the. Moreover, Malta does a good job. starts here. Malta, the island of choice for iGaming. Malta is one of the most advanced and respected online gaming jurisdictions in the world, as well as having the most licensed operators. B2C operators are charged 5% gaming tax on the gross revenue generated from Malta-based players. Professionals sometimes pay as little as. Strickland Jr. See more. Sections of the Personal Tax Return. The Crypto Exchange (VFA Exchange) The establishment of a Crypto Exchange, will require a Class 4 VFAA licence. iGAMING SERVICES CSB Group offers a “one-stop-shop” service to online gaming operators by assisting clients in setting up or relocating their gaming operation to Malta. The Igaming - online gambling industry in Malta is very big and attracts many companies to the Island. Additionally, the analysis claims state tax revenue from online casino is already approaching two times that of sports betting. this threshold is €35,000 in Malta and was £70,000 in the UK), the EU supplier may charge his local rate of VAT and not register for VAT in the EU. com. Contact Us. An annual fee is payable on the day the licence is issued, and on each subsequent anniversary thereafter. A 5% gaming tax on revenue applies to Maltese companies, and corporate tax is effectively set at 5% with a little careful structuring – the lowest tax rate in Europe. He holds over 16 years of consultancy experience to international clients on the various possibilities presented by Malta as a Financial Services Centre. Tax planning. Malta’s success as an iGaming Hub is attributable to a number of factors. E: [email protected] set of amendments to the Prevention of Money Laundering Act (Cap 373) have come into force today, the 7th February 2020, upon the publication of Act No. The two areas of interest were identified by the regulator in a H1 2022 interim report covering January to June in a section discussing the local iGaming sector’s. The corporate tax regime which is keeping a lot of the igaming companies & other foreign companies in Malta is set to finish in 2024 (or 2023?). World Health Organisation (WHO) has declared the COVID-19 outbreak as a pandemic and consequently a lot of jurisdictions are taking the necessary precautions to limit the contagion. Smarter business. Malta offers a highly attractive tax system for iGaming companies. Whether it is an application for a Malta gaming licence, or any other application with another. Even when the industry was in its infancy, Malta. 1 January 2015. starts here. A foreign employer established within an EU/EEA country, who sends employees who usually do not work in Malta to work for a limited period of time in Malta, is deemed to be posting workers locally. Within this document are reported key findings about Business Risk Assessments (BRAs) implemented by. May 17, 2021. T: +356 2557 2557. Here are some key aspects of the iGaming regulatory framework in Malta: Licensing and Application Process To obtain an iGaming license in Malta, operators must go through a rigorous application. +356 2343 2000. Gaming License Types in Malta – Detailed Guide. Contact Us. Contact Us. com. By virtue of the inclusion of the Subsidiary Legislation 123. See updated tables for 2023 Malta operates a progressive tax rate system, the more you earn the more you pay. The provision of any facilities for the placing of bets and wagers, including the services of book makers, betting exchanges and any. The annual license fee is €25,000, except for those that offer only Type 4 gaming services. 04) (the “Regulations”) came into force on the 9th of March 2021 by virtue of Legal Notice 81 of 2021. com. The Island boosts internationally renowned business parks that offer all-inclusive serviced office space or recognised real estate brands that can give. Our gaming tax advisors can guide you on the Malta’s Administrative and Compliance dues as well as the Malta Gaming Authority (MGA) Gaming Licence Fees. Outsourcing of Payroll in Malta. com. This is payable monthly and is based oin the gaming revenue generated from players located in Malta. 5 per cent of the total workforce, the MGA noted while again citing NSO figures. T: +356 2557 2557. Additionally, Malta's taxation laws are highly favorable for iGaming companies, with a corporate tax rate of just 35%, which can be reduced to as low as 5% for certain companies. March 2, 2017. T: +356 2557 2557. CSB Group is one of the leading accounting and internal auditing firms in Malta. Blockchain Solutions for Malta's Taxation System - you must be dreaming! The greatest headache or dilemma for any government is whether the treasury is collecting the right amount of taxes from its people in a fair and effective manner. MEDIA ROOM. In addition, Malta offers a number of incentives for gaming companies, including tax refunds, tax credits, and reduced rates for highly skilled employees. The Maltese laws offer a lot more business-friendly environment. Dispatch Rider and Company Messenger. John Tabone. Local source income and gains would be taxable in Malta at the higher rate of 35% (flat rate). As a seasoned iGaming expert, he contributed to various Malta Gaming Authority (MGA) committees on gaming standards. Very frequently, shareholders can. The annual license fee is €25,000, except for those that offer only Type 4 gaming services. iGaming careers in Malta: WhyiGaming represents Malta's leading iGaming companies. The respective fees per licence type are listed below:These programmes are intended to attract individuals to take up residence in Malta. A growth rate of 11. Even during the COVID-19 pandemic between 2020-2021, the gaming sector contributed 12% to the GDP. This legal notice amended the VAT exemption in such a field by giving a wider scope to the VAT exemption. There's also a compliance contribution, whose amount – again - depends on the license type. Contact Us. 25%. 05) were published by virtue of Legal Notice 110/2013. In order to provide a gaming service or a critical gaming supply from Malta or to any person in Malta, or through a Maltese legal entity one needs to be in possession of the relevant. October 11, 2017. Malta gaming license cost. CSB Group has over 35 years of experience and the expertise needed to help you with all your corporate service needs. As a leading Services Provider in Malta, CSB Group is able to provide further information and assistance on what Malta has to offer in relation to blockchain and cryptocurrencies. With over 30 years of experience CSB. Cyprus Tax system is fully aligned with EU and International regulations. With major sports betting and online casinos operating in the country,and a national passion for games of chance, iGaming continues to thrive in the UK. The Residence Programme (TRP) Rules were. Our gaming tax advisors can guide you on the. A state-of-the-art telecommunications infrastructure; 2. T: +356 2557 2557. Malta operates a full imputation system which means that the effective rate of tax can be as low as 5%, depending on the situation. VFA, BLOCKCHAIN & FINTECH SERVICES. At the outset it would be pertinent to point out that where gaming services are being offered to. NOUV is a member of TGS, a dynamic global business network of independent firms providing accounting, audit, tax, business advisory and commercial legal services. LXVI of 2021 established Chapter 628 of the Laws of Malta (Authority on the Responsible Use of Cannabis Act) and amended. Over 10,000 iGaming employees work directly in iGaming companies in Malta and this number is growing every year. tborgolivier@deloitte. CSB Group’s team of professionals have reviewed the budget and highlighted the main points mentioned. Malta is no exception with a multi-layered system applying to personal income tax rates. starts here. February 20, 2017. Malta’s pro-business stance and favorable tax incentives contribute significantly to its appeal for iGaming companies. T: +356 2557 2557. Licence Application and Supervisory Fees. 7 billion) online gambling industry, becoming to internet casinos something like what tax rules. T: +356 2557 2557. Following the President’s sign off on such bill, on the 18th of December 2021, ACT No. Its membership in the European Union positions it to benefit from the application of common market principles, with free movement of goods and services being the most fundamental. A year earlier, in 1999, when the internet was still in its infancy in Malta, the Group launched the first local job site under the brand name VacancyCentre. The Mill Adventure. the online gambling operators in Malta employ over 2500 people and has brought in. The luxury real estate sector in Malta has been expanding for several years, particularly in the last decade. Our Work Annual Reports & Audited Financial Statements Regulatory Framework Partnerships Publications Consultations Guidance Notes News. Considering a career in Malta iGaming? Read our guide. Our AML/CFT Compliance Services. May 13, 2021. Backed with years of experience in company incorporation, tax advisory and regulatory and compliance, our team can give complete solutions to anyone. CSB Group offers a “one-stop-shop” service to online gaming operators by assisting in setting up / re-locating their iGaming operation to Malta. E: info@csbgroup. +356 22030000. Expats often seek a retirement visa in the country because living there is simple, and enjoyable. 121 of 2021) and the Agents (Licences). 2% in August 2021, compared to 3. February 8, 2021. Applicants eligible for The Malta Highly Qualified Persons Programme will benefit from a flat tax rate of 15% up to a maximum income of €5M. E: info@csbgroup. A Malta Tax Domicile is the strongest tax connection with Malta held by one’s father at birth, or acquired after reaching majority. Redundant. As trusted Malta tax advisors, we may. iGaming Tax and Licence Fees in Malta; Malta iGaming Licence Types; Key Function Services; International Gaming Jurisdictions; Co-location Services and Hosting Services;. Invest in property worth €275,000 or €220,000 if in the South or Gozo. We know our customers rely on quality and delivery for their business, and we strive to ensure we give them the best possible service in Malta. At CSB Group, we always recruit SMARTER team members to join our dynamic team of professionals in order to maintain our strong reputation. F: +356 2557 2558. Little Malta, population 440,000, is no exception. With professionalism and confidentiality at our forefront, our services go beyond tax, corporate structuring, and compliance and regulatory matters. The corporate tax regime which is keeping a lot of the igaming companies & other foreign companies in Malta is set to finish in 2024 (or 2023?). On the 28 th January 2017, the Maltese Government launched a public consultation process on an initiative for granting Maltese citizenship based on merit. CSB Group has been involved in the iGaming industry since its inception in Malta. Gross Value Added (GVA) €35. The previous Greylisiting caused massive issues with incoming deposits and outgoing payments to players. At IGA Group we aim to make your business journey as smooth as possible. T: +356 2557 2557. CSB Group assists clients establish their remote gaming business in other jurisdictions, apart from Malta. F: +356 2557 2558. With a corporate tax rate pegged at 15% and zero withholding taxes on gaming gains, Malta becomes a preferred locale for businesses keen on optimizing tax expenses. GZIRA, Malta, 23 de noviembre de 2023 /PRNewswire/ --. ICE London has become a must for CSB Group and its iGaming unit. Malta currently has a thriving iGaming. Understand the tax treatment for iGaming Companies in Malta and the fees applicable, depending on the type of gaming company being set up. The EU’s fourth Anti-Money Laundering Directive, which needs to be transposed into Maltese national law by the 26th of June 2017, upgrades existing regulations to combat money laundering and counter terrorist financing. 9% over the. Such licence would allow the. iGaming Platform | 5,084 followers on LinkedIn. Roger was also elected to the Malta Remote Gaming Council (MRGC) Board (2008-2010 committee). Specific tax incentives, such as the Highly Qualified Persons Rules (iGaming) and the Qualifying Employment in Innovation and Creativity Rules (applicable to Video Gaming) an effective corporate tax rate of 5%. Class 2 have a minimum fee of € 25,000 and is capped at € 600,000 and the percentages range from 0. In this context, the VAT Act was amended to allow VAT recovery by taxable persons such as iGaming operators to the extent that the input VAT is attributable to output supplies which are taxed outside Malta, even though in Malta, such output supplies would have been exempt from VAT without. March 20, 2019. Player Hub Licensee Register Lodge a Complaint Safer Gambling Self-Barring Unauthorised URLs. g. Looking ahead, the Western European esports industry is forecasted to have a year-on-year growth rate of 33% in 2022. This Act is commonly referred to as ‘The Company Service Providers Act, 2013’ and. Both B2C and B2B licensees are required to pay a non-refundable fixed annual license fee to the MGA. Unemployment stood at 3. guidance only and whilst every effort has been made to ensure that the. New Igaming jobs added daily. Other taxes: Malta has no capital gains tax. Regus is the world’s largest provider of flexible workspace solutions, with a network of close to 3,500 locations across 120 countries and 900 cities, serving over 2. Malta has become the destination of choice for a large majority of serious iGaming operators looking for a stable economy, advantageous tax rates and a skilled workforce. Any excess on the said sum is exempt from tax. 00%. will be attending iGB Live! 2023, taking place between the 11th to 14th July 2023 at the RAI, Amsterdam. With regard to gaming tax, different rates apply depending on the type of gaming license all of which however are capped at €466,000 per license each year. Smarter business. CSB Group shortlisted for the Corporate Services Provider of the Year 2023 Award Meet CSB Group in China: LPS Shanghai 2023 and Taiwan Roadshow CSB Group Proudly Supports the Rotary Club La Valette Malta. The Qualifying Employment in Maritime Activities and the Servicing of Offshore Oil and Gas Industry Activities (Personal Tax) Rules (LN140 of 2018 ) is a programme that allows senior employees engaged within the maritime and oil and gas industry to benefit from a flat rate of 15% tax on employment income derived in respect. starts here. Any person in possession of a licence issued by the MGA shall pay the Authority the appropriate non-refundable fixed annual licence fee. On 10th May 2021 the Malta Financial Services Authority (MFSA) released the news that it has signed a Memorandum of Understanding with the Malta Police.