On 12th March 2020, the Office of the Commissioner for Revenue (“CfR”) published new guidelines (the “Guidelines”) in connection with the leasing of pleasure yachts and the corresponding treatment of such leases for VAT purposes, which guidelines are essentially based on Article 59a of the EU VAT Directive.
Dr Doran Magri Demajo is a Partner at Be Legal and is primarily responsible for corporate law, employment law, financial services and Maritime law. Read Full Profile
|E: [email protected]||T: +356 2713 0150|
|M: +356 9989 8290||Skype: doranmd|
Doran Magri Demajo joined Be Legal (formerly GM & Associates – Advocates) in October 2013 and is one of the firm’s partners.
Doran was conferred her Doctorate of Laws at the University of Malta in 2001 after defending her thesis entitled “The Open Registry Controversy – The Legal Debate”. In 2000 she undertook an apprenticeship with a leading Financial Services and Tax Consultancy firm. Following the successful completion of her law degree, she was offered a position with the same firm as a Corporate Lawyer, gaining extensive experience in Ship Finance, Ship Registration, Corporate Services, Contract Law and International Commercial Transactions, which position which she occupied until 2004.
In 2004 Doran established her own legal practice in the fields of civil and commercial litigation, company law and has assisted a number of international clients with applicable legal formalities required to establish their businesses in Malta, including, company structuring and incorporation, data protection issues, trademark registrations and drafting of commercial agreements.
Between 2007 and 2013 Doran occupied the position of advocate within a leading law firm focused on the areas of commercial and corporate law and financial services, wherein she was mainly responsible for ship and yacht registration and finance transactions, corporate, trust and employment law matters.
Between 2010 and 2012 Doran was a visiting lecturer in Corporate and Business Law with BPP Professional Education Malta and occasionally lectures in corporate law at seminars and conferences. Doran also contributes articles to a number of publications in her areas of expertise relating to inter alia the security over vessels and aircraft, setting up of businesses, corporate governance and employment issues.
Doran is duly certified by The Institute of Financial Services Practitioners in Malta as a Trust Law Administration practitioner.
Areas of Practice
- Financial Services
- Company Law and Corporate Finance
- General Commercial Law
- International Business Transactions
- Insolvency and Bankruptcy
- Ship Registration & Finance
- Yachting VAT-Solutions
- Employment Law and Industrial Relations
- Contract Drafting & Negotiation
- Real Estate
- Litigation & Arbitration
A snap shot of the various Residence Programmes currently accommodated by Malta’s strategic legislative framework.
Malta’s accession to the EU and subsequent establishment as a European domicile of choice across various key industries (including financial services, remote gaming and e-commerce), has directly contributed to the jurisdiction’s increasing popularity as a place of permanent residence and a hub for international business transactions, resulting in the cumulative demand for the taking on lease of both residential and commercial property in Malta.
On the 1st January 2017, the Family Business Act (Chapter 565 of the laws of Malta) came into force in Malta with the aim of, inter alia, encouraging the regulation of family businesses, their governance and the transfer of the family business from one generation to the next, thereby assisting family businesses to enhance their internal organisation and structure with a view to working towards a seamless and effective succession of the family business.
A decade or so of key regulatory innovation spanning various industries, such as financial services, gaming, yachting and aviation, has incentivised several global entrepreneurs to use Malta not only as an efficient domicile of choice for their business interests but also as a base for their luxury ‘toys’.
An overview of the various legal issues to be considered when launching your Malta start-up business
Townhouses, farmhouses, penthouses, houses of character, villas, bungalows, maisonettes, country views, sea views. You want it, Malta’s got it.
Malta has in recent years become an attractive base for anyone involved in the aviation industry. Malta’s Aviation Registry has in fact continued to achieve a steady growth with a record of 61 aircraft registered in 2015. The success of the Aviation Registry is sustained by fiscal incentives including a low corporate tax regime as well as rebate on profits. This is complemented by specialised technical personnel who are readily available, flexible and accessible.