Recruitment Malta – Tips For Hiring Employees
Employment Contract in Malta – An Overview
The National Minimum Wage is the minimum pay rate per week most workers in Malta are entitled to by law. This is the lowest amount a worker can legally be paid for his or her work.read more
Rules on overtime vary by sector and are governed by the Wage Regulation Order (WRO) that applies to the particular activities you are carrying out. If your job or sector is not covered by a WRO, then the default overtime rate is 1.5 times your ordinary pay and will apply to any hours worked over 40 per week.read more
A work contract to provide services in Malta is also known as an employment contract and it serves as a security device for the employer and employee. It details rules and employment conditions, how to settle disputes and a pledge from the employee to offer services to the employer in return for wages.read more
Opening a company in Malta, whether it is a Malta trading company or a different legal model, has many benefits, with one of the main one being, Malta’s taxation system that offers 6/7 refunds to foreign shareholders. Apart from that, the system offers full tax exemptions to holding companies, no stamp duties or withholding taxes, whenever profits come back to Malta.
Ways That You Can Benefit From Moving Your Business Abroad It doesn’t matter whether you are running a national company in charge of hundreds of employees, or you are the head of a small local business; the chances are that you have at least thought about moving your premises to a new location. For many business owners, the opportunity to move their business to a new location is simply a fantasy.
The Malta company formation fees are payable to the Registrar of Companies upon company formation and are calculated on the authorised share capital of the company. The company formation fees are currently a minimum of €245 and can range up to a maximum of €1,750....
People with a legal teaching permit to work in Malta and speak English as their first language have an opportunity to teach English as Foreign Language (TEFL) to more than 80,000 students in 50 different language schools who visit Malta annually.
Many expats choose Malta as their perfect destination to retire – and it’s easy to see why. With warm, sunny weather, low taxes, cheap properties, some of the best healthcare in the world, and an English-speaking population, it’s no wonder so many people choose to spend their twilight years here.