All Posts

Malta’s taxi industry plays a vital role in the country’s transport network, serving locals and tourists alike. If you are considering becoming a taxi driver or starting a taxi business in Malta, understanding the licensing requirements, VAT rules, and compliance obligations is essential. This guide breaks down the key points you need to know to navigate the process smoothly and operate legally. Taxi Licence Requirements in Malta To operate a taxi in Malta, you must obtain a

Starting a short let rental business in Malta can be a rewarding venture, but it requires careful preparation and compliance with local regulations. The Maltese government has established clear rules to regulate short-term rentals, ensuring safety, quality, and fairness for both hosts and guests. This guide walks you through the essential steps to obtain a short let licence in Malta, helping you navigate the process smoothly and avoid common pitfalls. Understanding the Short

Malta’s 2026 tax reform introduced one of the most significant changes to personal taxation in recent years, specifically targeting families. The system now provides larger tax-free thresholds and more favourable brackets for parents , with additional benefits for those with multiple children. This guide breaks down exactly how the system works, who qualifies, and what it means in real-life numbers. How the New Parent Tax System Works Malta operates a progressive tax system (

Whether you are a freelancer, small business owner, or managing a growing company, issuing a clear and professional invoice is an essential part of getting paid on time. An invoice is more than just a payment request—it is an official financial document that helps both the seller and the client keep accurate records, avoid misunderstandings, and meet tax obligations. Why Invoice Structure Matters A well-prepared invoice creates trust and professionalism. Clients can quickly u

Rental income in Malta is taxable, but the country offers a relatively simple and attractive system for landlords. Property owners can choose between two different taxation methods depending on their situation. 1. The 15% Final Withholding Tax (Most Common). Most landlords in Malta choose the 15% final withholding tax (FWT) on rental income. Key features: Tax rate: 15% Applied on: Gross rental income (before expenses) Final tax: No additional tax is due afterward No deduc

Recent regulatory changes in Malta have introduced simplified audit obligations for certain companies. The new rules aim to reduce administrative costs and compliance burdens for smaller businesses and start-ups while maintaining appropriate financial oversight. The new framework introduces two main forms of relief : Temporary audit exemptions for newly formed companies Simplified financial review requirements for micro-entities These updates apply to accounting periods start

Here’s a clear explanation of the DDT10 Exemption in Malta — what it is, how it works, and why it matters for companies. What Is DDT10? DDT10 is an exemption granted under Article 47 of the Duty on Documents and Transfers Act in Malta. It is commonly referred to as the “DDT10 exemption” and primarily relates to stamp duty treatment and certain corporate tax compliance obligations. In practical terms, DDT10 is a formal determination issued by the Commissioner for Revenue.

Creative professionals in Malta can benefit from a reduced 7.5% tax rate on eligible artistic income (capped at €50,000), provided they apply by 2 April and meet specific criteria under Legal Notice 137 of 2025. This measure is designed to support artists, performers, writers, producers, and other creative practitioners by providing a simplified and reduced tax framework on qualifying income. Below is a clear breakdown of how the scheme works, who qualifies, and what deadline

The Micro Invest Tax Credit in Malta offers a valuable opportunity for small investors and entrepreneurs to reduce their tax burden while supporting local business growth. Understanding how to make the most of this incentive can lead to significant financial advantages and encourage investment in Malta’s dynamic economy. This guide breaks down the essentials of the Micro Invest Tax Credit, explains eligibility, and provides practical tips to help you maximize your benefits. W

In Malta, partnerships serve as a popular form of business structure, especially for small business owners. Whether you’re starting a new venture or considering a partnership for your existing business, understanding the different types of partnerships and the registration process is essential. This blog post will guide you through various aspects of partnerships in Malta, including types, benefits, registration steps with the Inland Revenue Department (IRD), and some importa

Finding the right support for your financial needs is crucial. Whether you are an individual, a sole trader, or run a small business in Malta, managing your accounts properly can save you time, money, and stress. I want to share practical advice on how to pick the best local bookkeeping services that fit your needs. Why Local Bookkeeping Services Matter Choosing local bookkeeping services in Malta means working with professionals who understand the local tax laws, business en

Choosing the right place for your accounting needs is crucial. Malta offers unique advantages for individuals, sole traders, and small businesses. I want to share why Malta stands out as a top choice for accounting services. Whether you are starting a business or managing your personal finances, Malta’s accounting landscape can support your goals effectively. Understanding Malta Accounting Services Landscape Malta has a well-established financial sector. It combines a strong

In today’s evolving work landscape, the lines between self-employed individuals and employees can sometimes blur. Freelancers and contractors often wonder whether they might actually qualify as employees under the law—and what that could mean for their rights and benefits. Let’s break down this complex issue. Understanding the Difference: Self-Employed vs. Employee The distinction between a self-employed individual and an employee is crucial in employment law because it deter

Discover why accounting is important for any size of business.

Running a small business in Malta comes with many responsibilities — and one of the most important is understanding how Value Added Tax (VAT) works. Whether you’re a self-employed freelancer or managing a growing company, getting VAT right is crucial for staying compliant and avoiding penalties. In this article, we’ll break down the Maltese VAT system in simple terms and explain what every small business owner should know. 1. What Is VAT in Malta? VAT (Value Added Tax) is a

When managing finances in Malta, understanding Malta insurance contributions is essential. These contributions affect your income, benefits, and business operations. I want to share a straightforward explanation to help you navigate this important topic with confidence. What Are Malta Insurance Contributions? Malta insurance contributions are payments made to the social security system. They fund benefits like healthcare, pensions, and unemployment support. Both employees an

Budget 2026 Malta — the key updates you need to know!