Author Archive:
Katrina Abela
Cell Companies in the shipping and aviation sectors
Read more: Cell Companies in the shipping and aviation sectorsIn June 2020, the Companies Act (Shipping and Aviation Cell Companies) Regulations (S.L. 386.22) were implemented into Maltese law. These regulations provide for the incorporation of cell companies in the shipping and aviation sectors. Unlike a limited liability company, a cell company has a distinct structure which allows for the creation of multiple ‘cells’ within…
Malta’s Corporate Tax System
Read more: Malta’s Corporate Tax SystemMalta is recognised as a leading jurisdiction of choice for a number of industries, mainly due to models and structures developed with the intention of attracting business to the Island. Malta is also renowned for its robust legal and regulatory framework and taxation structures, while also having a highly skilled workforce, incentives for specific industries…
Small Commercial Yachts Code
Read more: Small Commercial Yachts CodeUntil recently, all yachts in commercial use which are over 15m in length, do not carry cargo and do not carry more than 12 passengers were regulated by the Commercial Yacht Code. With effect from the 1st of April 2024, the Merchant Shipping Directorate has issued a tailor-made small Commercial Yacht Code (sCYC) for yachts…
Obtaining an Air Operator Certificate (AOC) and Air Operator License (AOL) in Malta
Read more: Obtaining an Air Operator Certificate (AOC) and Air Operator License (AOL) in MaltaThe Air Operator Certificate (AOC) is indispensable for conducting air services within the European Union, ensuring the highest standards of safety and professionalism. Simultaneously, the Air Operator License (AOL), issued by the TM Civil Aviation Directorate (CAD), authorizes the provision of specific air services. Both certificates are prerequisites before initiating operations. Why Malta?
EASA Standardisation Guidelines
Read more: EASA Standardisation GuidelinesThe correct determination of the legal requirements for determining Principal Place of Business (PPoB) is fundamental for Competent Authorities to be able to oversee organisations effectively, to ensure the required level of safety and to ensure organisations do not misuse the system. While EU Regulations contain a definition of the PPoB, the EU regulations set…
Advantages of the Maltese flag and a Maltese merchant shipping company
Read more: Advantages of the Maltese flag and a Maltese merchant shipping companyVessel registration in Malta Vessel registration under the Malta flag and the operation of Maltese ships is regulated by the Merchant Shipping Act of 1973, a law based mainly on United Kingdom legislation but subsequently revised and amended in 1986, 1988, 1990 and 2000. The main legislation is supplemented by a comprehensive set of rules…
Advantages of the Maltese flag and a Maltese merchant shipping company
Read more: Advantages of the Maltese flag and a Maltese merchant shipping companyVessel registration under the Malta flag and the operation of Maltese ships is regulated by the Merchant Shipping Act of 1973, a law based mainly on United Kingdom legislation but subsequently revised and amended in 1986, 1988, 1990 and 2000. The main legislation is supplemented by a comprehensive set of rules and regulations Advantages of…
EASA Standardisation Guidelines Policy For Assessing Undertakings’ Principal Place Of Business (PPoB)
Read more: EASA Standardisation Guidelines Policy For Assessing Undertakings’ Principal Place Of Business (PPoB)The correct determination of the legal requirements for determining Principal Place of Business (PPoB) is fundamental for Competent Authorities to be able to oversee organisations effectively, to ensure the required level of safety and to ensure organisations do not misuse the system. While EU Regulations contain a definition of the PPoB, the EU regulations set…
VAIA Legal at the Monaco Yacht Show
Read more: VAIA Legal at the Monaco Yacht ShowWe are excited for our annual visit to the Monaco Yacht Show coming up in 3 weeks’ time! Vaia Legal will be attending the yacht show in Monaco and we are looking forward to catching up!
Duties and obligations of directors in Malta.
Read more: Duties and obligations of directors in Malta.Applicable to both private & public company directors In line with the Maltese Companies Act (the ‘‘Act’’), a director of a company must, first and foremost, act honestly and in good faith and in the best interests of the company. A director shall promote the well-being of the company and shall be responsible for the…
Vaia Legal joins IR as the exclusive Aviation Law member in Malta
Read more: Vaia Legal joins IR as the exclusive Aviation Law member in MaltaIR Global, the world’s largest exclusive network of advisory firms is delighted to introduce that Katrina Abela has joined IR as our exclusive Aviation Law member in Malta Seasoned Lawyer, specializing in Maritime and Aviation Law, having graduated from the University of Malta in 2013. Experienced in yacht and aircraft sale and purchase transactions as…