The Income tax laws reform

Purpose: Full reform is expected to the Income tax laws. There is no draft bill yet but the government has made proposals and is expecting stakeholder comments.

01

The Law for Certain Aspects of Mediation in Civil Matters (Amendment) and Related Regulations of 2025

Purpose: To amend the Law for Certain Aspects of Mediation in Civil Matters to strengthen the mediation institution and, consequently, make it more effective and functional.

02

The Law on the Establishment and Operation of Management Companies for Collective Investments Schemes and Related Matters of 2024

Purpose: To regulate the profession of fund administrators and bring on par with internationally accepted standard of regulation by setting higher capital requirements, higher professional indemnity covers and other matters.

03

The Advocates (Amendment) (No. 2) Law of 2024

Purpose: To amend the Advocates Law to establish that the ability and responsibility for drafting contracts and documents relating to the lease or sale of real estate that exclusively belongs to those practicing the legal profession, to ensure the legality and propriety of such acts.

04

Regulation of Procedures for the Award of Public Contracts and for Related Matters (Amendment) Law of 2024

Purpose: To amend the Regulation of Procedures for the Award of Public Contracts and for Related Matters Law to create a public procurement registry for purposes of more effective control and to enhance transparency and the information provided regarding the conclusion and implementation of public procurement contracts.

05

The Liberalisation of the Interest Rate and Related Matters (Amendment) of 2024

Purpose: To amend the Law on the Liberalisation of the Interest Rate and Related Matters to ensure that compound interest `{`Article 3(1)(d) of the main law`}` is not capitalised by credit institutions.

06

The Liberalisation of the Interest Rate and Related Matters (Amendment) (No. 3) of 2024

Purpose: To amend the Law on the Liberalisation of the Interest Rate and Related Matters so that a credit institution does not impose additional interest if the total amount owed under a credit facility due, including interest, amounts to twice the original debt.

07

The Law on the Certification of the Authenticity of Signatures of 2024

Purpose: To establish legislation to replace the existing legal framework for the certification of the authenticity of signatures and seals on printed documents.

08

The Civil Procedure (Amendment) (No. 2) Law of 2024

Purpose: To amend the Civil Procedure Law so that a creditor under a court judgment can use any immovable property in which the debtor has an interest and which is registered in the debtor's name in the district land registry as security for the payment of the debt, provided that the value of the property does not exceed twice the amount of the debt.

09

The Law on Mandatory Insurance for Employer Liability (Amendment) Law of 2024

Purpose: To amend the Law on Mandatory Insurance for Employer Liability to increase the minimum coverage limit of the insurance policy that the employer is required to obtain for liability in case of accident or occupational disease in relation to each employee from €160,000 to €250,000, including expenses and interest.

10

The Protection of Competition (Amendment) Law of 2024

Purpose: To amend the Protection of Competition Law to criminalise situations where a person enters into an agreement, makes a decision, or applies a coordinated practice or engages in the abusive exploitation of a dominant position in the domestic market in violation of Articles 3 or 6 of this law or Articles 101 or 102 of the Treaty on the Functioning of the European Union, respectively.

11

The Income Tax (Amendment) (No. 3) Law of 2024

Purpose: To amend the Income Tax Law to provide a tax incentive for property owners (both legal and natural persons) to lease units at affordable rents for the benefit of citizens who meet the income criteria set out in the Ministry of the Interior’s plan titled ``Renovate-Lease.``

12

The Regulation of Overdue Social Contributions (Amendment) Law of 2024

Purpose: To amend the Law on the Regulation of Overdue Social Contributions to increase the maximum number of equal monthly instalments for repaying overdue social contributions from fifty-four (54) to one hundred (100), when such overdue contributions exceed thirty-thousand euros (€30,000).

13

The Establishment of a Framework for the Control of Foreign Direct Investments Law of 2022

Purpose: To implement provisions of the European Union Act titled ``Regulation (EU) 2019/452 of the European Parliament, establishing a framework for the control of foreign direct investments in the Union``.

14

The Law on the Management of Commonly Owned Buildings and Related Matters of 2023 and related bills

Purpose: To establish a regulatory framework for the management of commonly owned buildings, aimed at ensuring their smooth operation, management, and oversight at both the administrative and legal levels, in response to the evolving housing reality in the Republic.

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