30.06.2020 Among the many regulations that businesses have to abide to, the most important legislations that are to be followed and met, not just in Malta but also in other countries, are those related to Anti-Money Laundering (AML) and Combating the Funding of Terrorism (CFT). The stringent obligations can only be met once a firm…
23.06.2020 As a result of money laundering and terrorism financing, in the past few years, banking has gone through some drastic changes globally, and this does not exclude Malta from the equation. Although it has become challenging to open a bank account without delays when compared to even just five years ago, a bank account…
16.06.2020 Cash flow is the primary element that determines whether a business of any type and size will live or die. A business can grow and succeed by having all accounts in order; this will lead a company or self-employed person to provide correct and complete accounting information whenever requested. Thus, staying on top of…
9.06.2020 Yesterday, the Government announced more incentives for businesses to help them get back on their foot following the setbacks caused by the COVID-19 pandemic that has effected the Maltese islands since March. Here’s a summary of what has been announced on 8th June during the COVID-19 economic package related to businesses to help re-boost…
2.06.2020 Social Security contribution payments, VAT and Tax are the three main aspects that anyone who is venturing into self-employment, be it on a part-time or full-time basis should deal with. Due to the tax benefits that are present in Malta, many are those that decide to start off their start-up business as a self-employed…