open company Malta

Business help through funding and grant schemes

01.12.2020 Running a business is not an easy job, no matter if it’s a company, a partnership or as a self-employed. There are as many up and downs, or better, many satisfactions and challenges alike. Take for example, the COVID-19 pandemic that no one was expecting. This has brought with it many challenges and headaches…

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open company Malta

When should I opt for virtual office services?

24.11.2020 Typical start-up scenario, a new Malta company or self-employment, new office setup, new employees… If you want a workable and cost-effective solution, then virtual office services in Malta is your answer. Apart from the logical advantages of having virtual access to a list of services in a professional setup, the major incentive to opt…

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open company Malta

Enhanced Due Diligence for your business

17.11.2020 Ongoing risk monitoring is highly important for the identification of new risks for businesses and professionals. In fact, risk assessments are the key features that detect whether a business or professional is at risk of being exposed to money laundering activities. In this article today we will take a question and answer approach to…

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open company Malta

Your virtual accountant and cloud accounting

However due to COVID-19, we need to shift more and more to phone calls, video calls, online meetings and so on. Covering your accounting needs is also easy with our team. We are available anytime virtually during working hours, and you are free to drop off your documents at our office, thus avoid meeting in…

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Accountant Malta

Budget 2021: Highlights

VAT exempt threshold for businesses to rise to €30,000 from €20,000. Tax refund to increase by €45 – €95. This will be subject to income were low income earners receiving more. Cost-of-Living-Adjustment (COLA) of €1.75 per week. One extra day of leave to compensate for public holidays falling on weekends. A tax exemption of €1,000 per…

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open company Malta

Applying for an iGaming license

13.10.2020 Malta is renowned as a leading jurisdiction for the regulation of iGaming. Companies incorporated in Malta receive fiscal incentives such as refunds on dividends, double taxation relief as well as reduced rates of income tax on personal income. All this makes Malta more attractive for iGaming businesses to settle in.     In order to…

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open company Malta

Striking off a Limited Company

Below are some of the things that need to be handled in terms of company liquidation, to have an idea of what the process entails: Deregister from VAT Deactivate PE number Cancel business license Cancel company’s entry in the business registry Fulfil any outstanding social security obligations Ensure that all tax returns are filed Close…

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Accountant Malta

Legal Advice

29.09.2020 Are you in the process of setting up a trust or a foundation? Or maybe you need assistance in drafting a contract? Legal and advisory services can be provided by qualified legal professionals to people who come across any complex issue and need advice from experts in the field to provide them with a…

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Accountant Malta

Combating threats by criminals and terrorists

22.09.2020 In the 1990s, the European Union adopted the first anti-money laundering (AML) directive. Years later, after the 9/11 attacks, gatekeepers around the globe such as banks have been applying more measures to prevent the misuse of the financial system to prevent money laundering while also combating the financing of terrorism (CFT).  In addition to…

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