It’s that wonderful time of the year!

18.12.2018 With just seven days away to celebrate Christmas, this special day for many is now literally around the corner.   As one supposes, December brings with it a lot of thought on what has been achieved throughout the past 12 months and what might the New Year bring along with it. It is also…

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Business Concept International plc: An attractive possibility for investors

11.12.2018 As the major holding company of a diversified group, rooted in multiple business sectors such as corporate services, accounting, auditing, administration, property investments, Business Concept International plc is well-placed to know what investors want.   It offers a range of services spanning from corporate services to accounting and assurance, as well as administration and…

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Duty on Documents and Transfers Act

4.12.2018 Last month, on 1st November, the Commissioner for Revenue has issued the new tax guidelines in relation to Distributed Ledger Technology (DLT). The guidelines come in a set of three different documents being:   Guidelines on Income Tax Treatment in Relation to Distributed Ledger Technology Guidelines for the purpose of the Duty on Documents…

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Meet us at SiGMA tomorrow!

27.11.2018 Everything’s ready so that tomorrow we’ll kick off day 1 out of 3 at SiGMA that’s being held at the Malta Fairs and Convention Centre, Ta’ Qali. Months of preparation lead us to another exciting journey, that of exhibiting once again in the biggest iGaming event held in Malta.   We hope that you’ll…

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Why Incorporate a Company in Malta?

20.11.2018   Do you want to set up your business in a country that offers a safe and regulated jurisdiction, but also offers a favourable tax system?   Malta is an ideal country to invest and set up a new business in, in any sector. Although there aren’t any restrictions on the activities that are…

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Tips how to update your books

13.11.2018 Bookkeeping is one of the most important business activities, whether you’re self-employed, own a small, medium or large enterprise. OK, you’ve heard this plenty of times but in this post today, we will be identifying some important bookkeeping tips, targeting specifically small businesses.   1. Never neglect your business This is the number 1…

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The Virtual Financial Assets Act

06.11.2018 In the past few days, on Thursday 1st November, Malta made a positive step in the FinTech world as the Malta Financial Services Authority (MFSA) announced that the Virtual Financial Assets Act (VFAA) came into force. This Act was enacted by Parliament earlier this year on 4th July.   The Virtual Financial Assets Act…

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We’ll be at SiGMA next month

30.10.2018 The team at Fairwinds Management together with its partners that form part of Business Concept International plc are gearing up to attend another edition of SiGMA – Summit of iGaming Malta exhibition that will be held next month between 28th and 30th November.   This year will be a special one for Fairwinds Management…

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Budget 2019 in a nutshell

26.10.2018 In the Budget for 2019 there are no new taxes, tariffs or duties although tax will make up the largest portion of revenue, with income tax revenue expected to go up 11.1%.  There is a cost of living (COL) wage raise of €2.33 per week, with a pro rata addition for student stipends.  This…

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Final chance to receive tax credit

23.10.2018 Did your business conduct any refurbishments or upgrades last year, or maybe bought new machinery or invested in technology?   If you are self employed or own a micro enterprise and would like to claim any costs that were incurred during 2017 that were related to the upgrading of business premises, investments in purchasing…

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