23.04.2025 Aircraft and ship registration in Malta are both well-established processes, each with its own set of regulations and benefits. Both aircraft and ship registration processes are designed to be efficient and offer significant fiscal and operational advantages. Aircraft registration in Malta is governed by the Aircraft Registration Act (Cap. 503 of the laws of…
16.04.2025 Startups and innovative ventures are key drivers of economic growth, generating revenue, creating jobs, and enhancing a country’s global competitiveness. Malta has positioned itself as a prime location for startups, offering a business-friendly environment, access to funding, and an ever-growing entrepreneurial ecosystem. At Fairwinds Management Limited, we provide expert guidance and tailored services to…
09.04.2025 A new MicroInvest Scheme deadline is coming, this time for companies submitting tax return in September. Claims for costs incurred in year 2024 Primary Deadline: 28th May 2025 Eligible Application will receive an Incentive Entitlement Certificate commencing from year of assessment: 2025. The MicroInvest Scheme is a tax credit incentive provided by Malta Enterprise…
02.04.2025 Maltese tax laws have several unique features compared to other EU countries, making it an attractive location for businesses and individuals. Personal income tax comes in a progressive system, ranging from 0% to 35%, similar to many EU countries, however, the top rate is lower than in many countries. Malta also offers special tax…
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.…
26.02.2025 Payroll is not just simply outputting a payslip at the end of each month. Payroll services entails much more than this. Any business, no matter if in the form of a company or an individual, that employs personnel, be it on a part-time basis or a full-time basis, they need to carry out various…
19.02.2025 In recent years, the global employment landscape has shifted significantly, and Malta is no exception. Many Maltese companies are turning to Third Country Nationals (TCNs) eager to work in Europe to fill the employment gaps. The surge in demand for non-EU employees has prompted numerous companies to seek assistance with the intricate administrative processes…