22.10.2019 According to the National Statistics Office (NSO), in 2018, registered business units amounted to 113,256, an increase of 8.1%, or 8,458 registered units, over 2017. These positive results for Malta are very encouraging for aspiring new business owners. Having said that, before setting up an own business, one requires a lot of planning, work…
15.10.2019 Self-employed people and micro enterprises can benefit from tax credit incentives for costs carried out in 2018 if they apply for the MicroInvest Scheme by 11th December. This deadline is for late submissions as during this year, applications have already been received in March and May. Eligible applicants who submit their late submission in…
8.10.2019 The maritime and aircraft industries in Malta have highly established themselves during the past years, and although Malta is quite a small island and is one of the smallest members of the European Union, it still has the largest maritime registry in Europe. It is also classified towards the top in world maritime registries.…
1.10.2019 Building a brand and making your target audience aware of it is not an easy and cheap task. However, the rise of digital marketing in the past years has made it somewhat more affordable, with social media marketing being one of the main tools that can be used to raise such awareness and help…
24.09.2019 In today’s blog post we are presenting you some common accounting terms, abbreviations and acronyms. You do not need to remember these word by word, we are sure you will find useful at your next meeting with your accountant. Accounts payable (AP): The sum of money a company owes creditors in return for goods/services they…
17.09.2019 Digital banking became the well-known answer to questions that people raise when they encounter difficulties in opening a bank account, be it in Malta or in any other country in the world. The digitalized world that we have been living in for the past years is making it possible for great revolutions, one of…
10.09.2019 Entrepreneurs want the best for their new business – an easy setup in a safe, regulated and politically stable jurisdiction offering a favourable tax system. All this can be easily achieved when a new business is setup in Malta. The Maltese islands offer an advantageous tax rate for foreigners who seek in investing in…
3.09.2019 Business priorities change in time, and whether you’re a start-up or a business with years of experience, you’ll need to take some time to reflect on how you can keep improving your business for better results including more return on investment. That’s why business advisory services are increasing their importance, to help businesses identify…
27.08.2019 Fairwinds Management is offering one-on-one personalised consultation sessions to help you start up your company in Malta. Since our inceptions we have helped more than 1,000 businesses to establish and grow their companies. Through such consultancy, we will be able to understand your business, analyse your requirements and offer you the solutions for your…
20.08.2019 Many people are familiar with the famous quote by Lou Holtz, “It’s not the load that breaks you down, it’s the way you carry it”. It’s particularly interesting because many people can relate to it especially in today’s world where the majority of people, mostly those who have work commitments, lead very busy lifestyles…