Law Booth - Fenech & Fenech Advocates Podcast
Founded in 1891, Fenech & Fenech Advocates is the longest established law firm in Malta. Its legal expertise spans numerous practice areas including Corporate, Commercial, Shipping and Maritime, Aviation, Tax, Immigration, Litigation, Employment, Data Protection, Financial Services, Telecoms, Media and Technology (TMT) and Intellectual Property. In addition, the Firm’s associated company, Fenlex Corporate Services Ltd, is an authorised company service provider that has, since the late 1980s, assisted businesses in setting up structures and operations on the island by providing a wide range of corporate services. Law Booth tackles different topics that are of relevance to the Firm and Fenlex’s practice areas. Listen to seasoned lawyers and corporate services practitioners from these entities as they engage in interesting discussions and debates relative to the legal and corporate world.
Law Booth - Fenech & Fenech Advocates Podcast
Episode 24 | The Family Business Act Unpacked
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
In this episode of Law Booth, Maria DeBono, Senior Associate, and Jake Desira, Associate, from the Firm’s Corporate & Commercial Department, together with Rebecca Diacono, Partner within the Tax & Immigration Law Department, take a deep dive into Malta’s Family Business Act.
They unpack what it truly means to register as a family business, outline the eligibility and ongoing compliance requirements, and discuss the practical realities faced by family‑owned enterprises. Against the backdrop of the Great Wealth Transfer - the largest intergenerational shift of assets in modern history - the episode explores how proper structuring, governance, and registration can play a critical role in ensuring smooth succession and long‑term continuity.
The discussion also highlights the incentives and benefits available to registered family businesses, offering valuable insight for those considering registration or seeking to strengthen their succession strategy ahead of the expected transfer of wealth.