iGaming Law

The applicability of the Qualifying Employment in Innovation & Creativity Rules has been extended

06 Mar 2018

< 1 min read

The Qualifying Employment in Innovation and Creativity (Personal Tax) Rules (the “Rules”), have now been extended to the 31st of December 2018. These Rules which have been promulgated through Legal Notice 106 of 2013, and amended by Legal Notice 462 of 2014, have now been amended further.

A successful applicant in terms of the Rules would be able to benefit from a beneficial tax rate of 15%, subject to receiving an annual income of at least €45,000. Malta Enterprise has been designated as the authority responsible for determining the eligibility or otherwise of an individual wishing to apply for the Rules.

Essentially, the Rules were introduced to attract individuals working within certain industries which are mainly knowledge based, such as those working within the iGaming, technology and product development sectors.

For further information about how GVZH Advocates can help you with your technology, media or telecommunications legal requirements, kindly contact us on tmt@gvzh.mt.