The Maltese Family Business: Getting Organised tackles the essential matters every family business should be well informed about, such as accurate financial planning, family governance, tax planning and succession planning.

Constituting 75 per cent of local businesses, family-owned companies are a predominant influencer of Malta’s economic landscape, and to a large extent, of Europe’s economy. Notwithstanding this, Malta is the first country about to introduce the Family Business Act, aiming to set a benchmark for other countries to follow suit.

Perfectly complementing this unprecedented development is the first locally-produced book about the dos and don’ts of family enterprises, which has been recently launched and made available to all for free by APS Bank on its website and Facebook Page.

Titled The Maltese Family Business: Getting Organised, the book weaves together the views of academics and practitioners about the essential matters every family business should be well informed about, such as accurate financial planning, family governance, tax planning and succession planning. The publication was edited by Mario Duca who, for the past two decades, has gained invaluable experience in business management and consulting.

This is not APS Bank’s only endeavour to widen the public’s awareness about family businesses. Two seminars were organised on the topic in collaboration with the Malta Assocation of Family Enterprises (MAFE) and EY Malta respectively, during which a number of key speakers and the attending audience discussed the soon-to-be-enacted legislation.