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…
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…
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…
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.…
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…
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…
Foreign investors find Malta very appealing from a taxation point of view, however, in order to benefit from this taxation system to its fullest, it is advisable to work with professionals in the field of accounting. In this sense, choosing an accounting firm in Malta which is up to date with the…
Birkirkara is located in Central Malta and is the largest city on the island. Malta attracts many investors who open companies in Birkirkara for the reason that it is a large city that provides plenty of business opportunities. However, a company must also comply with various imposed by the Maltese authorities, among which those…
A country’s taxation system is one of the most important aspects considered by an investor interested in starting a business. In the case of Malta, the Income Tax Act is the main law providing for how individuals and companies are taxed. Companies are subject to the corporate tax which is levied on their business profits…
Accounting has several branches and each of them requires specialists in the respective field. This is also the case of forensic accounting which deals with the legal side of an accounting issue. Most of the time, forensic accounting is used in the court of law when the services of a financial consultant are used…