06.02.2024 The startup industry is evolving every day, and it’s filled with innovation, bright ideas, and excellence. Malta is booming with startups and tech companies and plays a pivotal role in the startup growth story worldwide. This aspect is also a key player to new economy in Malta. Thanks to the ease of doing business…
30.01.2024 Payroll accuracy is important for several reasons, and its importance extends to both employees and employers. Accurate payroll ensures that employees are paid the correct amount and on time and this contributes to building trust and maintaining high morale among employees. When people receive the correct compensation for their work, they feel valued and…
23.01.2024 Building a successful business involves a combination of strategic planning, effective execution, adaptability, and a focus on customer satisfaction. One can easily commit to the fact that building a business is an ongoing process that requires dedication, resilience, and a commitment to continuous improvement by stay informed about industry trends, be open to learning,…
16.01.2024 Running a business is a challenging task, regardless of its structure, whether it’s a company, a partnership, or a sole proprietorship. It involves numerous ups and downs, with both gratifications and obstacles. Consider, for instance, the unexpected impact of the COVID-19 pandemic, which has presented various challenges and headaches for everyone. Questions like, “How…
09.01.2024 Malta is known for being a favourable location for company formations due to its strategic location, tax benefits, and business-friendly environment. Malta has a well-established legal framework that governs companies and business activities. Compliance with regulations, including anti-money laundering (AML) and know your customer (KYC) requirements, is essential. Malta is known for its attractive…
14.12.2023 Setting up as a self-employed individual can have several benefits. Some general advantages are the flexibility this setup offer. Being self-employed often allows for greater flexibility in terms of working hours and locations. You have more control over your schedule, which can be particularly beneficial for those who prefer a non-traditional work structure. As…
05.12.2023 VAT compliance is an obligatory element of operating a business. Not meeting your VAT compliance obligations can result in hefty penalties and fines, late interest imposed by authorities, reputational damage, bad press, and in some instances, business closure. Many think that VAT compliance consists only in registering for a VAT number and file quarterly…
29.11.2023 In today’s interconnected global business landscape, transactions that were once conducted face-to-face now occur at the click of a button or through email. While this shift brings convenience for clients, it also poses challenges for businesses to safeguard against money laundering, criminal activities, and other malicious threats. As a fully licensed and regulated corporate…
22.11.2023 Achieving a seamless integration of time and cost savings, coupled with compliance, is the essence of an ideal scenario that every business wishes to have when in comes to anything related to payroll services, accounting services and more. Optimising operational efficiency and fiscal responsibility are paramount objectives for any thriving business. In the realm…
15.11.2023 A well-crafted business plan is essential for a business to succeed for several important reasons. A business plan forces you to define your business’s mission, vision, and goals. It helps you clarify what you want to achieve and how you plan to get there. This clarity is crucial for guiding your actions and decisions.…