Business plan Malta

Business plans: Writing your success story

27.02.2024 In the world of entrepreneurship, success stories are often penned through meticulously crafted business plans. These documents serve as the blueprint, the guiding light that navigates businesses through the challenges towards success. At the heart of this blueprint lies the financial narrative – a critical aspect that delineates aspirations from achievements. As an accounting…

Work permits Malta

Relocating new workers to Malta

20.02.2024 For anyone considering employing new foreign workers, the move to Malta on an employment basis is not straight forward and so quick. Following certain procedure to obtaining proper documentation is a necessary step. The Expatriates Unit at Identità plays a crucial role in facilitating the legal migration process, handling the processing and issuance of…

Startup Services Malta

The startup industry

06.02.2024 The startup industry is evolving every day, and it’s filled with innovation, bright ideas, and excellence. Malta is booming with startups and tech companies and plays a pivotal role in the startup growth story worldwide. This aspect is also a key player to new economy in Malta. Thanks to the ease of doing business…

Payroll Services Malta

The value of payroll

30.01.2024 Payroll accuracy is important for several reasons, and its importance extends to both employees and employers. Accurate payroll ensures that employees are paid the correct amount and on time and this contributes to building trust and maintaining high morale among employees. When people receive the correct compensation for their work, they feel valued and…

Malta Company

Building a business

23.01.2024 Building a successful business involves a combination of strategic planning, effective execution, adaptability, and a focus on customer satisfaction. One can easily commit to the fact that building a business is an ongoing process that requires dedication, resilience, and a commitment to continuous improvement by stay informed about industry trends, be open to learning,…

Funding Malta

A quick guide to financial support schemes in Malta

16.01.2024 Running a business is a challenging task, regardless of its structure, whether it’s a company, a partnership, or a sole proprietorship. It involves numerous ups and downs, with both gratifications and obstacles. Consider, for instance, the unexpected impact of the COVID-19 pandemic, which has presented various challenges and headaches for everyone. Questions like, “How…

Open Malta Company

Aspects of Malta company formations

09.01.2024 Malta is known for being a favourable location for company formations due to its strategic location, tax benefits, and business-friendly environment. Malta has a well-established legal framework that governs companies and business activities. Compliance with regulations, including anti-money laundering (AML) and know your customer (KYC) requirements, is essential. Malta is known for its attractive…

Self employed Accountant

Setting up as a freelancer

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…

VAT Malta

One-stop-shop VAT

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…