Business In Malta
Memorandum And Articles Of Association In Malta – What Is Required?
When incorporating a company in Malta, a memorandum of association is required. This is important corporate document which regulates its external affairs
Establishing a Holding Company In Malta
Due to Malta’s effective tax regime, a holding company in Malta can greatly improve your international tax planning. The holding company entitles its owners to a tax refund, no tax on dividends and no tax on capital gains.
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Learn How To Build Your Business Credit Successfully
Any business owner needs easy and reliable access to a cash stream. For some, their own liquidity reserves are sufficient for their needs. Others may find that their liquid cash reserves are lacking or they may be uncomfortable with using them to smooth the day-to-day running of the business. If you fall into this second category, you may wonder, ‘what is the alternative?’. The answer is business credit.
Business Finance Through Banks – 4 Crucial Tips
Loans are great ways to finance your business, however, they also have a few limitations. Before you decide whether you are going to opt for a business loan through a bank, make sure you consider the following crucial tips.
Business Banking & Borrowing FAQ
If you are moving your company to Malta, one of the first steps is to settle a bank account and get you banking services in order. Discover what are the most common asked questions encountered by other firms in Malta.
Vat Registration Types In Malta – Article 10, 11 or 12?
The VAT Act governs Malta’s value-added tax. It works hand in hand with its subsidiary legislation, which is concerned with company and individual registration for VAT. As per the law, natural people and legal organisations that carry out economic activities are taxable.
VAT Rate in Malta and Completing VAT Registration
Value Added Tax (VAT) was first introduced in Malta in 1995 although the system has gone through many changes since its conception. Most notably, was when Malta joined the European Union (EU) in 2004 and the VAT rate was aligned to the rate dictated by the EU’s Council Directive. The current VAT rate is 18% and the tax is paid on most transactions that occur on the island, although some products and services attract a lower rate.
VAT Malta – FAQ on Transaction and Value Added Tax
What is the Standard VAT Rate in Malta? In Malta, the allowable rate of the VAT is 18%. However, a reduced VAT rate of 7% also exists and applies to tourism accommodation. The only resorts or hotels that can benefit from this reduction must be authorised by the...
Tax Compliance in Malta
The Tax Compliance Unit in Malta (TUC) is a specialised unit within the Ministry of Finance and works towards addressing tax evasion and tax fraud. The unit supports the investigations and enforcement abilities of the Inland Revenue Department, the VAT Department and...
The Probation Period in Malta at the Workplace
When one starts in a position of employment they’ll start the probation period with their employer. The employee is then assessed, observed and reviewed by the employer. During this period of time the applicant can be let go without any assigned reason, with one week notice after one month of pay.
Minimum Wage Malta – Pay Rates for 2018
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.
How the Rules and Regulations on Overtime in Malta Work
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.
Work Contract for Service Providers
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.
Cryptocurrency Taxes In Malta – Bitcoin Trading
The last few years will be remembered as those which saw the introduction of Bitcoin to the general public. Although cryptocurrencies have been discussed in the media for a while, it was only recently that the terminology became commonly used and more importantly understood, by the average person on the street.
The Benefits of Bitcoin for Expats
Bitcoin, the world’s most popular decentralized digital currency, was created in 2009 by a programmer using the pseudonym Satoshi Nakamoto. Today, the virtual currency has become a global method of payment for goods and services with more than 100,000 merchants across the world accepting Bitcoins.
Cryptocurrency in Malta – Benefits & Legalities
You’ve probably heard of cryptocurrencies such as Bitcoin or Ethereum whilst you’ve been going about your everyday life but do you really know what they are? These are two of the most popular cryptocurrencies on the market, they are basically a digital currency which utilizes encryption techniques in order to enhance security during the trading process.
Binance Malta Move – Welcoming Cryptocurrency Companies
The well-known cryptocurrency exchange, Binance, is in the process of moving their operations to Malta. The exchange, which is said to be the most popular exchange in the world, made a quarterly profit of $200 million in Q1 2018, and turns over an estimated volume of $1.6 billion a day.
Malta Double Tax Treaties, Refunds and Incentives For Non-residents
Right in the heart of the Mediterranean, Malta is a small archipelago with a land area of around 316 square kilometres spread over three islands. A parliamentary republic, it is a member of the EU, the OSCE and the Council of Europe. The Malta corporate tax rate is one of the best within the European Union.
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About Us
Facilitating a move to Malta is seamless when you rely on the Welcome Center Malta. Established in 2018 with the sole objective of helping people make an effortless move to the island, Welcome Center Malta aims to reduce the challenges involved in settling, moving and establishing local contacts.
About Us
Facilitating a move to Malta is seamless when you rely on the Welcome Center Malta. Established in 2018 with the sole objective of helping people make an effortless move to the island, Welcome Center Malta aims to reduce the challenges involved in settling, moving and establishing local contacts.