It's been a long time coming, but the Malta government has released a White Paper and draft of it's proposed legislation aimed at assisting family business succession and governance. The Act proposes a range of incentives to family businesses to assist them to stay in family ownership. Over to you, Kelly O'Dwyer!
The Ministry for Economy, Investment and Small Business has launched the Malta Family Business Act as a White Paper. The Malta Family Business Act is an exciting piece of legislation and the first of its kind in the world.