VAT Malta

Value Added Tax (VAT) articles explained

17.05.2022 Last week’s blog post explained what VAT is about and specific information about VAT in Malta. Today’s post will explore the different VAT Articles in detail. In Malta, VAT is regulated by the VAT Act and its subsidiary legislation, Chapter 406 of the Law of Malta, and is in accordance with the EU VAT…

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Accountant Malta

Value Added Tax (VAT) explained

10.05.2022 There are many countries around the world that use the Value Added Tax (VAT) system, however each country operates under different frameworks. As a tax applied worldwide, it is regulated differently and at a specific rate in each country. VAT has grown in popularity and importance, being a good percentage of global taxation. According…

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Accountant Malta

Outsourcing accountancy advisory services

03.05.2022 If you would like to take your business to the next level, or you are looking at restructuring, a merger or selling your business, then this article will help you understand how accounting advisory services can support you. You run a business, you have your own accounts executive employed with you to run the…

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Accountant Malta

Accounting for startups

26.04.2022 Why is good accounting important for startups? As a new business owner, you will want to focus on selling your goods, or services, and get your brand out there to stand out from competition. However, bookkeeping and accounting are also very important, particularly for startups. Accounting is considered to be the language of business,…

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Malta company formation

What is an audit?

19.04.2022 An audit is a type of assurance that is carried out by an independent auditor who is no way connected to the company and is requested to give an independent opinion on the financial statements of the company. Maltese companies are required to appoint independent auditors registered with the local Accountancy Board and the…

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Accountant Malta

Tax return for Malta residents

12.04.2022 Every resident in Malta is obliged to submit a personal income tax return once a year. This is valid for anyone who lives and resides in Malta, no matter if you are employed or unemployed, a freelancer or retired, you must submit a tax return by June 30 of every year, for the previous…

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Accountant Malta

Do you own a Malta company? Here are important notifications

05.04.2022 Setting up and running a successful company requires several obligations to be met from the very first steps of incorporation, to ensure that it is incorporated according to national regulations. This article gives a general overview of what is expected from companies, what will happen when they fail to do so, and how our…

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Accountant Malta

Payroll outsourcing made easy

29.03.2022 Payroll outsourcing is when a company, or a self-employed individual, employing personnel, uses a third-party service provider to prepare payroll for the employees. Payroll tasks are not simply an automated process, but it involves many aspects from base salary, monthly adjustments, fringe benefits, allowances and bonuses, Social Security Contribution (SSC) / National Insurance (NI), and…

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Accountant Malta

Company administration for your Malta company

22.03.2022 Company administration is very important to have your Malta company running smoothly. When we say company administration, we mainly refer to the following important tasks, many of which are obligatory as part of compliance of Maltese-registered companies. Organisation of board of directors meeting/drafting of resolutions Organisation of annual general meetings Company annual returns Company…

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Accountant Malta

Employing TCNs: here is how to

15.03.2022 During these times employing someone has become an arduous task since there is little workforce available locally. If you are an employer seeking to recruit you know this very well. If you are looking into employing Third Country Nationals (TCNs), you also know this could be a headache for you especially if you do…

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