Banking solutions

23.06.2020 As a result of money laundering and terrorism financing, in the past few years, banking has gone through some drastic changes globally, and this does not exclude Malta from the equation. Although it has become challenging to open a bank account without delays when compared to even just five years ago, a bank account…

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Staying on top of your game

16.06.2020 Cash flow is the primary element that determines whether a business of any type and size will live or die. A business can grow and succeed by having all accounts in order; this will lead a company or self-employed person to provide correct and complete accounting information whenever requested. Thus, staying on top of…

More incentives for businesses

9.06.2020 Yesterday, the Government announced more incentives for businesses to help them get back on their foot following the setbacks caused by the COVID-19 pandemic that has effected the Maltese islands since March. Here’s a summary of what has been announced on 8th June during the COVID-19 economic package related to businesses to help re-boost…

Easy guide through self-employment

2.06.2020 Social Security contribution payments, VAT and Tax are the three main aspects that anyone who is venturing into self-employment, be it on a part-time or full-time basis should deal with. Due to the tax benefits that are present in Malta, many are those that decide to start off their start-up business as a self-employed…

COVID-19 and its effect on iGaming

26.05.2020 The outbreak of Coronavirus in Malta in early March has since left numerous effects on the Maltese economy, forcing people to change the way they live and the way that businesses operate, paving way to the digital world. Although iGaming is an online industry, it still faces a number of challenges, and throughout the…

Updates related to COVID-19

12.05.2020 It’s been over 2 months since the outbreak of COVID-19 in Malta, and since then, students, parents, self-employed people, SME’s and employees in various industries have received assistance from the Government in one way or another. In the past days, two measures that will certainly help businesses have been extended: Deferral of Tax Payments…

Challenges faced by businesses

5.05.2020 Setting up and running a business is not an easy task especially for those that weren’t established for too long and for those that are still possibly learning where they stand within their respective niche markets that includes their own competition. This presents companies with several daily challenges that business owners have to think…