19.02.2025 In recent years, the global employment landscape has shifted significantly, and Malta is no exception. Many Maltese companies are turning to Third Country Nationals (TCNs) eager to work in Europe to fill the employment gaps. The surge in demand for non-EU employees has prompted numerous companies to seek assistance with the intricate administrative processes…
12.02.2025 A well-crafted business plan is the foundation of any successful venture. Whether you are starting a new business, seeking investment, or planning for growth, a strong business plan outlines your vision, strategy, and financial projections. To create a winning business plan that sets you up for success, it needs to include the following: •…
05.02.2025 In today’s dynamic business environment, Know Your Customer (KYC) procedures are a cornerstone for ensuring transparency and compliance. KYC refers to the process undertaken by regulated businesses and financial institutions to verify and gather information about their clients. It is a critical component of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) measures, aimed at…
29.01.2025 The Malta Business Registry (MBR) is the government agency responsible for the registration, regulation, and compliance of companies and commercial partnerships in Malta. It plays a pivotal role in overseeing company operations, managing deadlines, and ensuring adherence to legal and regulatory frameworks. Alongside standard annual obligations, the MBR regularly issues notifications to keep companies…
22.01.2025 Navigating business challenges and avoiding common pitfalls: Insights for entrepreneurs Setting up and running a business is an exciting yet demanding venture. Whether you are just starting or looking to grow, understanding the challenges you may face and avoiding common mistakes can make the journey smoother. Here, we explore the main hurdles businesses encounter…
15.01.2025 Among the initiatives supporting a dynamic ecosystem in Malta, one can find the Micronvest Scheme supported by Malta Enterprise. Designed to encourage undertakings, including start-ups, family businesses, and self-employed individuals, the scheme provides tangible incentives for businesses to innovate, expand, and develop their operations. What Is the Micronvest Scheme? The Micronvest Scheme is a…
08.01.2025 Being self-employed brings along personal satisfaction and a rewarding lifestyle. This type of employment provides you with opportunities to maximise your knowledge and skills. It grants individuals the freedom to make independent decisions, work on their own terms, and fully harness their knowledge and skills. This type of employment empowers you to pursue your…
03.12.2024 The Power of Outsourcing Business Process Outsourcing (BPO) is a method of subcontracting a part or various parts of business operation to third parties. This process which has evolved over the years, spans over various industries and can reduce certain operational and HR costs and leverage certain expertise through third party suppliers. The Rise…
26.11.2024 Accounting Services Accounting provides the essential data and insights needed for informed business decisions. It helps track income and expenditures, ensuring that companies have a clear picture of their financial health. This information is crucial for evaluating performance, forecasting prospects, and planning strategies. One of the critical roles of accounting is to ensure businesses…
19.11.2024 Registration requirements for natural persons and legal entities engaged in economic activities. VAT is a widely adopted taxation system globally, with each country implementing its own unique framework and rates. This consumption tax has become increasingly significant in global taxation, contributing substantially to government revenues worldwide. While the fundamental structure of VAT systems is…