Webinar | Tax considerations for family businesses

Family businesses have historically been the driving force and backbone of the Maltese economy, generating millions in turnover and offering a level of stability unmatched by other types of enterprises.

They are widely recognised as an indispensable asset to both Malta’s and Europe’s economic prosperity. These businesses contribute significantly to economic growth, job creation, and long-term resilience.

To support this vital sector, the Family Business Office was established with a particular focus on assisting family-owned businesses in navigating the challenges of generational transition.

This 1-hour webinar will define what qualifies as a family business under Maltese law, outline the tax exemptions and reduced duty rates available on the transfer of family businesses, highlight other incentives and support schemes accessible to family businesses.

Panellists:

• Elaine Marie Debono, Tax Senior Manager
• Lorraine Camilleri, Tax Manager
• Dr. Joseph Gerada, Regulator at the Family Business Office Malta

  Key topics that will be covered:

• Which business are considered family businesses
• Tax exemptions available on the transfer of family businesses 
• Reduced rate of duty available on the transfer of family business 
• Other tax incentives

This complimentary webinar will conclude with a dedicated Q&A session, during which our panellists will address any questions you may have.

If you have any questions or concerns, please do not hesitate to contact us at events@mazars.com.mt.