26.03.2025 Accounting is at the heart of every business, serving as the foundation for financial decision-making and compliance. It goes beyond just recording transactions, it encompasses financial planning, budgeting, tax compliance, payroll management, and strategic forecasting. For many business owners, understanding these complexities can be challenging, especially when dealing with ever-changing regulations and tax laws.…
20.03.2025 The beginning of March marked the launch of new aid schemes, particularly the Business Enhance Grant Schemes. These schemes aim to support small and medium-sized enterprises (SMEs) in enhancing their operations, fostering innovation, and promoting sustainable growth. They provide co-financing for projects that improve competitiveness, encourage digitalisation, and facilitate internationalisation efforts. Eligible businesses can…
12.03.2025 Understanding the Tax Implications of the Malta Nomad Residence Permit Malta has become a top destination for digital nomads, offering a unique blend of Mediterranean charm, robust infrastructure, and an attractive residency program. The Malta Nomad Residence Permit allows remote workers to legally reside in Malta while maintaining employment with a company outside the…
05.03.2025 VAT (Value Added Tax) in Malta is a consumption tax applied to goods and services at different rates depending on the category. It follows EU VAT directives, as Malta is an EU member state. The standard rate is 18% and this applies to most goods and services, however there are also some reduced rates.…