Navigating the paperwork and regulatory requirements for a self-employed can be daunting. As an accounting firm specialising in assisting clients with self-employment, we’ve compiled this guide to help you understand the key steps and considerations involved in becoming self-employed in Malta.

Understanding Self-Employment in Malta

Self-employment in Malta means operating as a sole trader or freelancer, responsible for managing your own business activities and complying with legal and tax obligations. This includes registering your business, keeping accurate records, and filing regular tax returns.

Key Benefits of Self-Employment

Flexibility by setting your own hours and choosing your clients.

Independence by making decisions without needing approval from others.

Potential for Growth by the possibility to expand your business and income.

Steps to Becoming Self-Employed in Malta

Step 1: Registering Your Business

Step 2: Obtaining a VAT Number

Step 3: Social Security Contributions

Step 4: Maintaining Accurate Records

Step 5: Filing Tax Returns

Common Challenges

Managing Finances: Many self-employed individuals struggle with managing their finances. Using accounting software and maintaining a dedicated business bank account can help.

Understanding Tax Obligations: Tax laws can be complex, but seeking professional advice ensures compliance and optimisation of your tax situation.

Time Management: Balancing work and administrative tasks is crucial. Setting a schedule and prioritising tasks can enhance productivity.

How an Accounting Services Can Help

Our team can assist with business registration, ensuring all paperwork is correctly filed, tax filing to help you meet deadlines, record keeping, by setting up efficient systems for tracking income and expenses and financial advice by providing insights on budgeting, investments, and growing your business.


Becoming self-employed in Malta offers a wealth of opportunities, but it also comes with responsibilities. By following the steps outlined in this guide and seeking professional assistance when needed, you can successfully navigate the path to self-employment and enjoy the many benefits it brings. If you need assistance with any aspect of becoming self-employed in Malta, feel free to contact us on admin@accountingservices.com.mt, we are here to help you in every step of the way. Please visit this page for more information: https://accountingservices.com.mt/services/self-employment/.

Fairwinds Management Limited is a MFSA licensed firm offering Business Solutions in Malta. As part of our services, we offer Accounting, Administration, Corporate and Legal solutions.  Fairwinds Management also manages the brand Accounting Services. More information about us and our key services please visit our website. You may reach Fairwinds Management on +356 2704 0903 or info@fairwindsmanagement.net.

Article written by Ms Charlene Sciberras, B.A. (Hons), guest writer, a marketing and business administration specialist with a special focus on corporate, accounting, and legal matters.