20.07.2021 Incorporating a company in Malta means that a business will be set up in a country within the European Union that offers an attractive tax system. This is highly beneficial for the UBO’s (Ultimate Beneficial Owners) of the company since the Maltese islands operate a full imputation system of taxation accompanied by a tax…
13.07.2021 July is an important month for Fairwinds Management Limited as it is the month in which the company was incorporated. The anniversary, this year’s is the 8th one, is a perfect reminder to the company to thank its employees as it is thanks to their commitment and hard work, that the company succeeds by…
6.07.2021 The COVID-19 pandemic brought a change in the workplaces, not about the way we work but from where we work. Unfortunately, the crisis forced a number of businesses to take tough decisions such as closing down for good or make some people redundant. Others sought other alternatives such as reducing costs by ending the…
22.06.2021 A legal opinion, most often referred to as an ‘opinion letter’ is a valuable document issued by a law firm expressing a legal analysis of a specific issue, matter, or transaction. This will protect the letter’s recipeint by informing him/her of the legal effect resulting from the proposed transaction. Since usually such letter is…
15.06.2021 Recruitment is not an easy task in today’s advanced world where individuals are constantly head-hunted and offered opportunities on social networks even if they have never been personally introduced to one another. Many large companies set up Human Resources departments specifically to handle talent acquisition but smaller companies and start-ups might find it difficult…
8.06.2021 Thanks to telecommunication technologies, digital nomads from the European Union have been settling in Malta for quite some time to benefit from the Islands’ lifestyle and mult-cultural environment, great climate and connectivity. Last week, the Government of Malta took a step further to accomodate more digital nomads outside of the European Union who would…
1.06.2021 The Maltese islands made significant progress in the battle against money laundering and the financing of terrorism (AML CFT). An assessment that was published late last week by MONEYVAL confirmed that Malta is no longer “non-compliant” or “partially compliant” as it met general expectations following a number of shortcomings that were identified by the…
25.05.2021 What are the best invoice payment terms for your business? When you’re just starting, it can be challenging to know what the terms are to get paid on time. If your invoicing terms are too far out or not clear, you are disrupting your business cash flow … Here are a few tips on…
11.05.2021 Some businesses open their doors without a clear plan, a budget and a sales forecast to help them get where they want to go. In this blog post, today we will go through a list of questions to get you started as well as tips on how to forecast a budget. Start off by…
4.05.2021 Towards the end of last week, a positive vote in Strasbourg lead to Malta passing the MONEYVAL test. This news comes after the Maltese islands strengthened the country’s anti-money laundering system in the past months. This process was based on 58 recommendations that were given to the local authorities after failing an initial review…