open company Malta

Enhanced Due Diligence for your business

17.11.2020 Ongoing risk monitoring is highly important for the identification of new risks for businesses and professionals. In fact, risk assessments are the key features that detect whether a business or professional is at risk of being exposed to money laundering activities. In this article today we will take a question and answer approach to…

Accountant Malta

Budget 2021: Highlights

VAT exempt threshold for businesses to rise to €30,000 from €20,000. Tax refund to increase by €45 – €95. This will be subject to income were low income earners receiving more. Cost-of-Living-Adjustment (COLA) of €1.75 per week. One extra day of leave to compensate for public holidays falling on weekends. A tax exemption of €1,000 per…

open company Malta

Applying for an iGaming license

13.10.2020 Malta is renowned as a leading jurisdiction for the regulation of iGaming. Companies incorporated in Malta receive fiscal incentives such as refunds on dividends, double taxation relief as well as reduced rates of income tax on personal income. All this makes Malta more attractive for iGaming businesses to settle in.     In order to…

open company Malta

Striking off a Limited Company

Below are some of the things that need to be handled in terms of company liquidation, to have an idea of what the process entails: Deregister from VAT Deactivate PE number Cancel business license Cancel company’s entry in the business registry Fulfil any outstanding social security obligations Ensure that all tax returns are filed Close…

Accountant Malta

Legal Advice

29.09.2020 Are you in the process of setting up a trust or a foundation? Or maybe you need assistance in drafting a contract? Legal and advisory services can be provided by qualified legal professionals to people who come across any complex issue and need advice from experts in the field to provide them with a…