Insights Archives - AE Business Advisors

The Gaming authorities in the Caribbean Island of Curaçao appear to have acknowledged that their online gaming license regime needs to be updated.

What should you know about Malta before deciding to make it your home? In this article, we answer 10 probing questions about moving to Malta.

The Remote Gaming Regulations enacted in 2004, positioned Malta as the first European Member State to regulate the online gaming sector. Over the years, Malta has successfully established itself as a prominent iGaming hub, with an astounding 10% of the world’s gaming companies being registered in Malta.

The Startup Residence Programme is intended to provide non-EU entrepreneurs with the opportunity to relocate to Malta and either establish a new startup or continue investing in their existing business locally.

DAC 6 is the 6th version of the EU Directive on administrative cooperation and can trace its roots back to the OECD 2015 Action 12 Final Report, which provided a set of recommendations for the design of mandatory disclosure rules (MDR). On 25 May 2018 Directive 2011/16/EU was amended by Council Directive (EU) 2018/822 regarding the mandatory automatic exchange of information in the field of taxation in relation to reportable cross border arrangements (DAC 6). This EU Directive introduces reporting obligations for a wide range of cross-border tax arrangements and affects lawyers, accountants, tax advisors, bankers, and other “intermediaries”, as well as taxpayers across the EU Member States (MS) – including Malta.

Launched in 2021, the Malta Permanent Residency Programme (“MPRP”) is the perfect legal instrument for those looking for a better quality of life in a safe and stable country. Granted in around four-to-six months and starting from as low as €70,000, this program allows for visa-free access to the Schengen Area and permanent Maltese residency valid for life.

AE Business Advisors (AE) announces that it has adopted the “Entrepreneurial Operating System” internationally known as the EOS model. In order to communicate this important strategic decision, AE recently held a ‘Vision Day’ in which its values and vision were shared with the whole AE team.

NFTs (non-fungible tokens) have come a long way since they were first introduced back in 2014. In 2018, the NFT ecosystem began to flourish with over 100 active projects operating on the market. Since then, NFTs have broken away from their original association with the gaming and art markets and other potential market applications are being explored. One such application involves ticketing.

New fathers in Malta are now entitled to 10 days of full paternal leave within the first 15 days of the baby’s birth, as opposed to the previous 1-day allowance. This issue of paternal leave has been highlighted locally, as fathers were expected to return to work the day following the birth of their child.

Commercial opportunities for gaming companies beckon as the Hungarian government has taken the decision to liberalise its country’s online sports betting market. In January of 2023, a new law should come into force to regulate companies’ licensing, operation and control of certain games of chance. The prospective legislation does not alter the regulation of online casino games which only holders of land-based casino licenses may offer.