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Highly Qualified Persons Rules

The expansion of the financial services and gaming industries in recent years has shown a significant need for additional highly qualified workers. 

The objective of Highly Qualified Persons Rules, 2011 is the creation of a scheme to attract highly qualified persons to occupy “eligible office” with companies licensed and/or recognized by the relevant Competent Authority (Malta Financial Services Authority, Lotteries and Gaming Authority). “Eligible office” comprises employment in one of the following positions:

  • Actuarial Professional,
  • Chief Executive Officer;
  • Chief Financial Officer;
  • Chief Commercial Officer
  • Chief Insurance Technical Officer;
  • Chief Investment Officer;
  • Chief Operations Officer;
  • Chief Risk Officer (including Fraud and Investigations Officer);
  • Chief Technology Officer;
  • Chief Underwriting Officer;
  • Head of Investor Relations;
  • Head of Marketing (including Head of Distribution Channels);
  • Head of Research and Development; (including Search Engine Optimisation and Systems Architecture)
  • Portfolio Manager;
  • Senior Analyst (including Structuring Professional);
  • Senior Trader/Trader.
  • Odds Compiler Specialist

Individual income from a qualifying contract of employment in an “eligible office” with a company licensed and/or recognised by the Competent Authority is subject to tax at a flat rate of 15% provided that the income amounts to at least €75,000 (seventy five thousand euro) adjusted annually in line with the Retail Price Index. 

The 15% flat rate is imposed up to a maximum income of €5,000,000 (five million euro), the excess is exempt from tax.

For more information contact us

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  • About
  • Areas
    • Consumer Protection
    • Debt Collection
    • Employment and Industrial relations >
      • Employment Contracts
      • Unfair Dismissal
      • Surviving Clauses and Post-Termination Obligations
      • Employment Licence
    • Family Law >
      • Adoption
      • Divorce
      • Separation
      • Annulment
    • GDPR
    • Intellectual Property >
      • Trademark
      • Patents
    • Yachting
    • Litigation & Dispute Resolution
    • Real Estate >
      • Condominium
      • Property Law
      • Rent Law
      • Time Share
    • Residency & Visas >
      • Ordinary Residence
      • The Global Residence Programme
      • Visas
    • Succession
  • People
    • David Farrugia Sacco
    • Austin Gauci Maistre
    • Steven Farrugia Sacco
    • Robert Gauci Maistre
    • Jean Carl Abela
  • News
  • Contact