General

Act LX of 2021 introduces various amendments to the Companies Act, in order to take into account the Digitalisation Directive (which deals with electronic filings). Furthermore, additional duties are imposed in the Registrar and certain additional requirements are put into place. This has created the need for additional forms to be established as well as provisions on the appointment of directors and disqualification provisions for company directors. A person applying to be appointed as director of a company is required … Continued

The condominium is any group of four or more tenements, in one building where the common parts are shared. This would include the common entrance, stairways, lifts servicing the entire block and other shared areas. Keeping the condominium in good shape, including regular cleaning and maintenance, is essential to the value of your property. A very beautiful apartment will only be worth the investment if the block it is housed in, is also well maintained. The administration of a condominium … Continued

COVID-19 has hit the world a few weeks ago; in Malta it’s been nearly 3 weeks since we all started working from home. The world has been thrown into utter confusion but do we join ranks? At Asteria, we decided to take our equipment home (to the extent we could), and work from our desks, particularly because we are a mix of vulnerable people, those who commute only using buses, and because therefore it makes more sense. The law firm … Continued

The 25th October saw Europe celebrate European Day of Justice, an annual day to mark Europe’s commitment to the delivery of justice in its work. The aim behind it is to bring justice closer to citizens, to inform them on their rights and to to promote the work of the Council of Europe and the European Commission in the field of justice, through simulation of procedures and information sessions 16 Member States have mobilised by organising various events such as free … Continued

You can get your Malta residency and your Schengen VISA provided you fulfil all the requirements to do so. Why is Malta such a widely sought-after place to live? One can think of beaches, a comfortable lifestyle, good restaurants and the beautiful sea. Malta is also a good place to work or to open a business in because of its successful economy and its geographical location. Malta is indeed an excellent business hub. The Maltese archipelago lies virtually at the … Continued

Asteria offers a broad range of services for owners of yachts, from the acquisition and registration of the yacht, to its day-to-day management and until its onward sale. Throughout the yacht’s lifetime, Asteria provides guidance and services that make owning a yacht a pleasurable experience for the owner.  To any owner, a yacht is a high-value asset that is a pleasure to own and that requires proper management and care.  Whether the yacht is a hundred-meter superyacht that needs to … Continued