Accounting startups

Accounting mistakes startups do

09.08.2022 Bookkeeping and accounting are crucial for any business to succeed. Without regular bookkeeping and accounting activities a business will not really be able to determine profit and losses, and ending up with a mess of receipts, expenses, and no accounting books to refer to can become a nightmare. Starting up a business is exciting…

Startups Malta

Generation startups

02.08.2022 Startups and newly formed ventures are key players to new economy, generating money and contributing to the country’s GDP. Building a competitive economy and attracting foreign direct investments (FDI) should be a key part of any modern and solid country. Startups normally bring innovative strategies targeted to accelerate growth and economic diversification, and ready…

Company formation Malta

Highlights from MFSA Annual Report

26.07.2022 Recently, the Malta Financial Services Authority (MFSA), the regulator of financial services in Malta, published its Annual Report for 2021, a year that presented further challenges across all economies. Nonetheless, the work of the Authority continued to intensify over the past months to encourage a higher level of governance across the board… and where…

Accountant Malta

Investing in Malta

19.07.2022 Malta has been on the investment radar for many years thanks to many dynamic and active industries on the island. The government assists well in promoting Malta as a financial hub and is always on the forefront to create new opportunities for investors. In most recent years, this can be seen through a focus…

Create company Malta

What is corporate governance

05.07.2022 Corporate governance is a system of processes and practices set up by a firm or organisation intended to maintain control over it. In other words, corporate governance is the structure of rules, practices, and processes used to direct and manage a company. Corporate governance provides the framework for attaining a company’s objectives, and so it…

Malta Residency

EU Nationals: How to obtain a Residency Card

28.06.2022 Anyone who relocates to Malta needs to sort out their papers and status with the relevant authorities, such as residential address, applying with Jobsplus and obtain a Social Security number. This article will explain how to obtain a Maltese Residence Identity Card for EU nationals. EU nationals that relocate to Malta, whether they are…

Accountant Malta

Why trademark your business?

21.06.2022 The local Trademarks Act identifies that a “trademark may, in particular, consist of words (including personal names), figurative element, letters, numerals or the shape of good of their packaging”. This or a combination of these elements will help one to distinguish a specific business, goods or services. A trademark (TM) helps businesses secure the…

open company Malta

Company dissolution: The process

14.06.2022 When you are operating a company, there might be a time that for a reason or another, you will want to close the company and put it into dissolution. This is called Member’s Voluntary Winding Up. Striking off a company from the Malta Business Registry, involves a process with several steps. Under the Maltese…

Accountant Malta

Efficient outsourcing

08.06.2022 The business practice of hiring an outside third-party to perform certain services or tasks is normally a cost-cutting measure. This is outsourcing, sometimes also called contracting out or business process outsourcing. Nowadays companies can outsource several tasks or services such as programming and application development, a full IT department, payroll services, call centres, marketing…