• Malta Gaming Authority,Government Bodies in Malta,

Malta Gaming Authority

The foresight and determination of the Maltese authorities to develop the iGaming industry, together with the Malta Gaming Authority’s (MGA) pro-active approach to the inevitable changes in the sector, have created a stable and attractive regulatory environment for this sector to flourish.
 
In 2004, Malta became the first EU Member State to enact comprehensive legislation on remote gaming, and industry stakeholders consider Malta as one of the foremost tried and tested jurisdictions in the world.
 
Advantages and Incentives:
 
The gaming regulatory framework developed by the Maltese authorities provides for several innovative incentives.
Foremost among these are the wide-ranging incentives available to employees of remote gaming businesses, licensed by the MGA, that may include reduced rates of income tax on personal income, exemptions on income derived from patents, refunds on dividends and double taxation relief, apart from all the advantages linked to the 
free movement of goods and services within the EU.
 
Non-residents who opt to relocate to Malta are also eligible to benefit from some very attractive tax planning opportunities. These include the High Net Worth Individuals Scheme and the Global Residence Programme.
 
Other initiatives include a Company Re-domiciliation Act that further serves to enhance Malta’s appeal, as does a very favourable Participation Holding Exemption regime.
 
Growth and Development: 
 
With a sound jurisdiction that steers clear of bureaucracy and that has a proven track record, the iGaming industry in Malta is continuing to build on its successful trajectory. The next three years will see the sector, as certain regulations are re-visited and new schemes intended to sustain the industry’s rapid growth are introduced.
 
The number of licensees, both local and overseas, operating under a Maltese gaming legislation which number continues to increase consistently year-on-year as does the influx in gaming operators setting up shop locally, benefitting from the advanced technical capability and relatively low labour costs of the local workforce.
 
As jurisdictions try to catch up by adopting Malta’s regulatory approach, the MGA, together with the Maltese authorities, continues its mission to create the right environment for gaming operators to feel safe and protected.
 
A consistent approach to regulation, together with the launch of Gaming Malta and the Gaming Academy, will ensure that Malta will continue to be considered by the gaming industry as a centre of excellence – both as a gaming jurisdiction as well as a dynamic economic hub for iGaming and its ancillary services.





Contact Details

Malta Business Book View Map
Address: Malta Gaming Authority , Building SCM 02-03, Smartcity, SmartCity , Ricasoli, Il-Kalkara, Ricasoli SCM 1001, Malta
Telephone: +356 2546 9000  

Email: info.mga@mga.org.mt
Website:

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