6.04.2021 In a few weeks’ time, Microinvest scheme will have its deadline for companies that submit their tax return in September. By Wednesday 26th May 2021, relevant companies can submit their respective application forms to claim refunds for tax credits equivalent to 45% of eligible expenditure, adding up to a maximum of €30,000. The aim…
Irrespective of whether one will start up as a self-employed on a part-time or full-time basis, one will have to register as such with Jobsplus and needs to focus on three main aspects: National Insurance number (NI), VAT and tax. These will be discussed briefly below. National Insurance number An NI number, also known as…
23.03.2021 It is well-known that administration tasks are time-consuming and at times, tasks like running errands, diary management and proofreading are referred to as being non-essential tasks. This is due to the fact that while they are highly important for a business to run smoothly and to look professional, they are not directly related to…
16.03.2021 Are you a business owner? Have you been struggling with your business since the start of the pandemic? Then maybe it is time to outreach to business consultants who can offer their expertise to improve the performance of your business and stay ahead of the game. Business consultants exist to help improve and revive…
In between the Nordics and Netherlands virtual show, we will be also exhibiting at the annual SiGMA Europe show being held at the MFCC. Towards the end of last week, the organisers of SiGMA announced that this show has been postponed once again from next month to 16th – 18th November 2021. Unfortunately, this had…
2.03.2021 Setting up a company requires ample planning and seeking advice in advance to ensure that it is incorporated according to national regulations. Respecting regulations and filing documentation within their stipulated timeframes will ensure that the company will be set up and run smoothly. As much as it is important for companies to fulfil all…
23.02.2021 As months and years go by, we hear more about increasing cases of money laundering. These illegal practices, whether originating locally or offshore, effect other businesses in diverse sectors. Naturally, this means that more regulations are introduced to ensure that any risks of being exposed to such illegal activities are eliminated. Since money laundering…
16.02.2021 Incentives have always played a vital role in the operational aspect of a business as they aid in the financial burdens that are encountered daily. The past months presented businesses all over the world with constant challenges to adapt to new scenarios that weren’t experienced before, and thus schemes to support businesses have…
9.02.2021 When setting up a new business, one tends to focus on how to attract and retain customers in order to ensure that a business is successful and profitable. For us a corporate service provider, engaging a new customers is an important milestone, and here is where the due diligence process comes in… getting to…
This tax system has been in place since 1948 and it favours Malta and encourages businesses who are seeking to start up a business in an EU country, to relocate in the Maltese islands. Any company incorporated in Malta is entitled to apply for a tax refund. This means that although companies are taxed at…