Malta | The Family Business Act – Consultation
The Ministry for the Economy, Investment and Small Business has in October 2015 launched a public consultation document regarding the Family Business Act. ”The Family Business Act White Paper is intended to provide background information on the family business sector and on its potential to address some of our family businesses needs while ensuring their growth and continuity.” The White paper proposes a number of fiscal incentives which a registered family business could benefit from.
The main highlights of the proposed legislation:
- The establishment of a family business “label”.
- Identifying which family members are to be recognised within the family business concept.
- Establishing the parameters of the family business “both in registering as a family business and maintaining the label, the level of direct and indirect ownership, as well as the quality of ownership, management and decision-making rights”.
- Determining the ownership and decision making roles of family members withing the family business concept.
It is essential to consult doctor to identify and correct the underlying cause in order to get rid cheap cialis viagra http://greyandgrey.com/media/snipit/ of sexual weakness. Fight levitra 20 mg such fears with facts and trustable solutions. If you’re curious to know just what a load off your mind it cipla tadalafil 10mg would be if there was a ready solution. Domestic Abuse as a Life Condition We often hear battered women claiming that abuse shelter advocates say, “Once a batterer…always tadalafil soft a batterer.” And this perspective is usually supported by law enforcement, as well.
The public consultation process will end on November 22, 2015.
Downloads and links:
The Family Business Act – White Paper
Online submission
