Bookkeeping in Malta
We offer tailored bookkeeping services in Malta. Please contact our accountants in Malta for detailed information on our bookkeeping services.
Our firm offers tailored bookkeeping services in Malta in order to meet all the requirements and needs of your local company. You can ask for our bookkeeping and accounting services in Malta, no matter the sector your company operates in.
| Quick Facts | |
|---|---|
| Assistance in registration for taxation (YES/NO) | YES, we can help businesses register for taxation in Malta |
Bookkeeping system setup (YES/NO) | YES, we can set up the bookkeeping system |
Day-to-day documents collection and sorting (YES/NO) | YES, our bookkeeping services in Malta imply collecting and sorting all daily financial documents |
| Recording financial transactions (YES/NO) | YES, we record all financial transactions |
| Bookkeeping services for SMEs (YES/NO) | YES, we have dedicated bookkeeping services for SMEs |
| Bookkeeping services for large companies (YES/NO) | YES, we also offer our assistance to large companies |
| Availability of chartered accountants in Malta (YES/NO) | YES, all our specialists are CPA accountants in Malta |
| Bookkeeping documents | Sale and purchase invoices, payslips, receipts, various justificative documents |
| Tax return preparation and filing services (YES/NO) | YES, we also offer tax return preparation and filing services |
| Use of specialized bookkeeping software (YES/NO) | YES, we use specialized bookkeeping systems |
| Payroll services availability (YES/NO) | YES, payroll is one of the bookkeeping services we offer in Malta |
| Payment processing services availability (YES/NO) | YES, quick payment processing is available with our accountants in Malta |
| Employment contributions preparation (YES/NO) | YES, we also prepare the necessary documents for employers and employees |
| Advantages of using external bookkeeping services in Malta | Time and money savings, security of respecting filing deadlines, the use of specialized licensed software |
| Other services (if available) | Accounting, audit, forensic accounting services availability |
| Legal framework | Governed by the Companies Act and the Accountancy Profession Act |
Regulatory body | Accountancy Board (the Malta Institute of Accountants is the professional body) |
Reporting standards | GAPSME or IFRS as adopted by the EU |
| Currency | Euro (€) |
| Required records for bookkeeping in Malta | Ledger, journals, financial statements |
| Frequency of reporting | Typically monthly or quarterly |
| Auditing requirements | Mandatory for certain types and sizes of companies |
| Financial reporting | Required for shareholders, authorities, and stakeholders |
| Outsourcing options | Many businesses opt for outsourcing Malta bookkeeping tasks, you can rely on our Maltese accountants for such services. |
| Compliance with EU standards | Aligns with European Union directives and regulations |
| Financial statement preparation | Prepared according to IFRS as adopted by the EU or GAPSME |
| Penalties for non-compliance with bookkeeping in Malta | Fines, penalties, and legal consequences may apply |
| Data privacy compliance | GDPR and local data protection laws must be adhered to |
| Importance for tax compliance | Accurate bookkeeping essential for meeting tax obligations |
| Cross-border transactions compliance | Ensures compliance with international accounting standards |
What are the bookkeeping services available with your accounting firm in Malta?
Here is a brief presentation:
- transactions recording;
- accounts management;
- accounts reconciliation;
- financial accounts management and maintenance;
- financial reports generation.
Do you need bookkeeping services in another country, for example in the Netherlands? We recommend our Dutch partners from – Dutch-Accountants.com.
What are the types of transactions you record for bookkeeping purposes in Malta?
According to the law, the following transactions must be properly recorded:
- sales;
- purchases;
- payments;
- receipts.
All such daily transactions can be managed by one of our accountants in Malta through a dedicated software you can access anytime.
What are the bookkeeping records your Maltese accountants prepare?
The following:
- the balance sheet;
- the profit and loss account;
- the notes attached to the accounts;
- the supplies purchase invoices;
- the sale invoices;
- the invoices issued/received when renting office space;
- the salaries and wages of employees;
- the invoices received when buying office supplies;
- the documents required when contracting loans with banks.
All these must provide information on the company’s assets, liabilities, profits and/or losses.
With years of experience, our accountants can help you with various services, among which bookkeeping is one of the important parts.
We invite you to read about our bookkeeping services in the scheme below:
Do you supply AP/AR bookkeeping services in Malta?
Yes, we offer accounts payable (AP), where bills issued to vendors and suppliers are tracked and paid, and accounts receivable (AR), which implies tracking money owed by clients or customers.
Do you offer bank reconciliation services in Malta?
Yes, this is one of the core bookkeeping services we offer in Malta: we will match financial records with the issued bank statements in order to ensure they are correct. If any information is missing or errors have occurred, our Maltese accountants will track and correct them.
Are your bookkeeping services in Malta available for local companies only?
No, we offer the same services to foreign companies operating in Malta through branches and subsidiaries, in accordance with the applicable rules.
Do you also offer bookkeeping services to small businesses in Malta?
Yes, we do. You can work with us no matter if you have a micro or small enterprise, or if you operate as a sole trader in Malta.
What are the bookkeeping rules companies in Malta must adhere to?
The following regulations:
- the financial year usually runs from January 1st to December 31st (companies may choose another accounting reference date), and for the entire period a business needs to account for every financial document issued and/or received;
- all companies in Malta must prepare accounts under IFRS as adopted by the EU or, if eligible, GAPSME;
- all companies need to prepare annual accounts that need to reflect important aspects of the business;
- companies (except those exempt from audit) must appoint auditors holding a practising certificate issued by the Accountancy Board;
- companies are required to file their financial accounts on an annual basis, and these must indicate a clear picture of the volume of business which is justified by various documents.
You can also find out more about our bookkeeping services in Malta from the video below:
How much do you charge for your bookkeeping services in Malta?
We have various packages you can choose from. They are usually calculated based on the number of invoices you need us to record on a monthly basis.
In case you need these services in another country, for example for your German company, you should know that the companies that need audit services there are usually medium and large private companies and public companies. For more details, we can put you in contact with our partners who are also specialized in company incorporation matters in Germany.
If you need payroll services in the Netherlands, we recommend our partners – Dutch-Accountants.com.
For tailored bookkeeping services, please contact our accountants in Malta.
Simon Ciantar, CPA · 1 October 2026Simon Ciantar is CEO of Ciantar Associates and a qualified accountant and registered auditor.