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.…
08.11.2023 Anyone wanting to relocate to Malta, whether for work, retirement, or other, one needs to be documented in Malta. The Expatriates Unit at Identità is involved in the legal migration process and caters for the processing and issuing of residence documentation, for both EU and non-EU nationals. EU Nationals do not need a permit…
31.10.2023 Yesterday the Budget Speech 2024 was delivered by the Finance Minister, Clyde Caruana. In this article you will find a summary of the Budget 2024 in relation to the economy, the working force, employment, cost of living adjustment, taxation, grants and incentives for businesses and industry updates. Fairwinds Management Limited is a MFSA licensed…
25.10.2023 Malta is a popular destination for businesses looking to relocate. Malta offers a strategic location in a convenient time zone enhances its accessibility and a business-friendly environment. In addition to certain economic advantages, Malta also offers a good quality of life, with a pleasant climate, a rich culture, and a stable environment. When considering…
18.10.2023 In the dynamic landscape of modern business, maintaining accurate and up-to-date financial records is more than just a regulatory requirement – it is a fundamental pillar of sustainable growth and success. This is particularly true for businesses operating in Malta. With its strategic location, favourable tax regime, and robust business environment, Malta offers an…
11.10.2023 Malta has been gaining popularity as a destination for startups and entrepreneurs. The Maltese government has actively worked to create a business-friendly environment, and several factors have contributed to the growth of startups in Malta. The ‘Start in Malta’ business is a governmental initiative aimed to supercharge the Maltese startup ecosystem for it to…