Accounting Archives - Accountants Malta

Payroll Services in Malta

An important component in a Maltese company is represented by the employees, case in which separate taxes must be considered. These are grouped under the payroll part of the accounting in the firm. Payroll is very important and is usually handled by the accounting or human resources department in a Maltese company. With a…

Company Secretary in Malta

Every business registered in Malta must appoint a company secretary, who is not required by law to reside in Malta but must be a natural person. The appointment of the secretary must be made under specific conditions acknowledged by the Companies Law. Below, you can find out how to appoint…

Capital Gains Tax in Malta

Malta’s taxation system resembles that of other European countries, as it is made of several taxes. Among these, the capital gains tax in Malta is one of the most important as it is imposed on the disposal of various types of assets held here. The levy is applied to both…

Asset Management in Malta

The financial industry is one of the most prolific sectors of the Maltese economy, as the government is open to foreign investors who want to operate in this domain. At the same time, the country was among the first European countries to regulate new financial instruments, such as cryptocurrencies that…

Social Security Contributions in Malta

Persons and companies must pay various taxes in Malta, depending on the income they obtain. While companies are subject to the corporate tax, employees will be levied with the personal income tax to which social security contributions apply. Social security contributions in Malta are levied under two different classes which…

Accounting for IT Companies in Malta

IT is one of the most important industries in Malta mainly thanks to the large number of expats working from here. Setting up a business in this field comes with many advantages, among which the fact that they can service clients all over the European Union is one of the most important.…

Accounting for Consulting Companies in Malta

Starting a business in Malta comes with many benefits. From tax incentives that can take the form of deductions or exemptions, to industry-related aids from various agencies, the government has managed to attract many foreign investors interested in opening companies here and contributing to the country’s economy. The large of overseas entrepreneurs…

Accounting for Shipping Companies in Malta

Malta has a tradition in the shipping industry, as it is one of the most important economic sectors of this country. Various types of vessels are used for numerous activities, among which fishing and leisure. With respect to the latter, registering a yacht in Malta comes with various advantages, among…

Accounting for Restaurants and Bars in Malta

Malta is one of the most beautiful countries in Europe. With magnificent landscapes and clear blue waters, it attracts tourists from all over the world, not only from neighboring countries. All these attractions have also caught the eye of investors and most of them run successful hotels, bars, and restaurants…

Audit for Hotels in Malta

Tourism is one of the most important sectors of the Maltese economy, as the country is renowned for its landscapes and the fact that it attracts thousands of tourists every year. Opening a hotel in Malta can bring substantial benefits, among which a high return on investment is one of…