COVID-19: Suggested cash flow measures to boost the economy

22.03.2020 Whilst many businesses are suffering drastic reductions in their operations, some businesses are struggling to operate because everyone will be effected either directly or indirectly from the COVID-19 pandemic. It is a fact now that business will slow down, so ideally the Maltese government gives measures across the board to support Malta business. This…

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Malta company

iGaming in Malta

17.03.2020 One of Malta’s success stories for its economy is the iGaming industry. It all started when in 2004, Malta was listed as the first ever EU member state to enact a comprehensive legislation on remote gaming. Thanks to this important step, the Maltese islands have since attracted many business opportunities and are considered to…

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create company Malta

Bookkeeping to run your business

10.03.2020 It is very common for self-employed people and small business owners to be juggling between tasks from the day the idea of a business originates until it is up and running and beyond to generate income. For all this to lead into a successful business, all financial information should be in place. That’s when…

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set up company Malta

Relocating your business and operations

3.03.2020 Office space is no longer one of the issues to think about even if you decide to relocate all your business’ operations to another country, particularly to Malta. Since the emergence of virtual office services, a lot of businesses reduced many hours from stressing about finding the perfect location from where the business can…

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Malta company

Benefit from tax credits

25.02.2020 March is just around the corner and for self-employed people, this month means it’s the time to claim costs and benefit from tax credits on eligible investments that were carried out the year before. The MicroInvest Scheme, launched and managed by Malta Enterprise for a number of years, assists self-employed people to invest, improve…

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Malta company formation

How will Brexit affect businesses?

The transition period that is in effect until 31st December 2020, is there to create an orderly exit from the EU and ease impact on businesses. The change that will impact most businesses will surely be an adaptation to the EU rights of having free trade of goods and services across the EU member states.…

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open company Malta

Spreading love through blood donations

Staff members decided to respond to the frequent public requests by the Blood Transfusion Services to donate blood earlier than scheduled. This happened due to a high number of blood donors getting sick with the yearly flu, which effected the blood supply badly as the reserve was already low. This was going to lead to…

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open company Malta

New Director for Accounting Services Ltd

Upon appointing Mr Meli as a new Director, the Board of Directors congratulated him and mentioned how he is “an influential individual within our group”. Ms Charlene Sciberras, Executive Director at Business Concept International plc added that Mr Meli “has been instrumental in managing the accounting team and reaching targets at Accounting Services Ltd, and…

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open company Malta

New services launched to comply with global regulations

04.02.2020 Since Malta has become a financial and iGaming hub in the past years, it has become even more essential for businesses to comply with local and global regulations in relation to AML (Anti-Money Laundering) and CFT (Combatting of the Financing of Terrorism). In Malta, the Prevention of Money Laundering Act (Cap. 373) prevents businesses…

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