Insights

Stay ahead of the curve with our insights page, your go-to source for the latest industry insights and updates. Follow our blog for a curated collection of articles that delve into the trends shaping our industry landscape.

Key IFRS Updates Applicable from 2026

At first glance, the IFRS updates effective from 1st January 2026 might look like another round of “business-as-usual” amendments. No brand-new headline standard. No dramatic overhaul of recognition and measurement.

3 days ago3 min read

Malta Introduces Sports Private Limited Liability Companies: A New Era for Sporting Structures

Malta has taken a significant step towards modernising the governance and operation of sports organisations through the introduction of the Sports Private Limited Liability Companies Regulations, 2026. This new legal framework allows sports clubs to operate through a dedicated corporate structure, marking a shift towards greater professionalism, transparency, and long-term sustainability within the sector.

Accounting

4 days ago3 min read

Malta limits the exemption from VAT applicable to gambling activities

“The terms used to specify the exemptions envisaged by Article 13 of the Sixth Directive are to be interpreted strictly since they constitute exceptions to the general principle that turnover tax is levied on all services supplied for consideration by a taxable person." CJEU case Stichting Uitvoering Financiële Acties (SUFA) — Case 348/87.

Taxation

Apr 72 min read

Audit Exemption - What does it mean for my company?

In 2025, Malta introduced an audit exemption framework under Legal Notice 139 of 2025, aimed at easing the regulatory and cost burden for Start-up entities and Micro Companies. While this change offers more flexibility and aligns the Companies Act with the Income Tax Act, it also raises an important question about when a full statutory audit may still be the most prudent option.

Accounting

Apr 13 min read

Yachting in Malta

Malta is one of Europe’s leading yachting jurisdictions, offering a well-established legal framework, efficient registration processes, and attractive fiscal solutions. Its position within the European Union, combined with global operational flexibility, makes it an optimal choice for both private and commercial yacht ownership.

Yachting

Mar 263 min read

2026: Building the Foundations of Europe’s Next Generation AML System

2026 is a real turning point for the European Union’s fight against money laundering and terrorist financing. Although the comprehensive new framework will not become fully enforceable until July 2027, the focus in the current year shifts from legislative development to the practical implementation and operational preparation undertaken by the competent authorities responsible for giving the rules effect.

Mar 183 min read

Companies Act (Youth Enterprise) Regulations, 2026

The Companies Act (Youth Enterprise) Regulations, 2026 create an entirely new type of company in Malta known as a Youth Enterprise (YE). This framework is designed specifically for 16‑ and 17‑year‑olds who wish to start their own business but are legally restricted from forming a company under the standard Companies Act. The regulations establish a controlled, educational, and protective environment in which minors can learn entrepreneurship, develop financial literacy, and g

Advisory

Mar 135 min read

Act III of 2026 – Budget Implementation Act

Please find below the salient changes to Maltese tax law brought about by the Budget Implementation Act enacted today 10th March 2026.

Taxation

Mar 108 min read

The exemption from VAT by independent groups of persons

Article 132 (1) (f) of Council Directive 2006/112/EC (VAT Directive) provides for an exemption from VAT on:

Mar 42 min read

Review Engagements under ISRE 2400 (Revised): Scope, Objectives and Key Differences from a Statutory Audit

Following the introduction of the new audit exemption framework under Legal Notice 139 of 2025, many small undertakings in Malta are reassessing their statutory reporting obligations. While certain entities may now qualify for exemption from a full statutory audit, some still require a level of independent assurance over their financial statements. In this context, review engagements under ISRE 2400 (Revised) are increasingly being considered as an alternative to a full audit

Feb 264 min read

Why Family Offices Are Becoming the Next Big Step for Malta

The term “family office” has started circulating more frequently in Malta, especially among professionals working with high-net-worth clients. Yet for many people, the concept still feels vague. Some think it’s just tax planning. Others believe it’s a private banking service. A few see it as a luxury reserved for billionaires.

Feb 194 min read

Malta Publishes Corporate Sustainability Reporting Regulations, 2026

On Friday 13th February 2026, the Government of Malta published the Corporate Sustainability Reporting Regulations, 2026 (L.N. 39 of 2026) under the Companies Act. These Regulations transpose Directive (EU) 2022/2464, commonly referred to as the Corporate Sustainability Reporting Directive (CSRD), into Maltese law and introduce a comprehensive sustainability reporting framework applicable to certain undertakings and groups operating in Malta.

Feb 183 min read

ESG Without the Buzzwords: What Actually Adds Value to a Business?

Over the past few years, ESG has been wrapped in layers of jargon, frameworks, metrics, and reporting obligations. For many businesses, especially owner-managed ones, ESG has started to feel like something imposed from the outside rather than a tool that supports better decision-making. That is where the conversation often goes wrong. When stripped of buzzwords, ESG is not about reports or labels; it is about how a business manages risk, builds resilience, and creates sustain

Feb 122 min read

The new Temu/Shein temporary customs duty

The European Union has agreed to introduce a temporary €3 customs duty on all low-value parcels entering the EU from countries outside of the The European Union has agreed to introduce a temporary €3 customs duty on all low-value parcels entering the EU from countries outside of the EU (including from platforms like Temu and Shein), effective from July 1, 2026.

Taxation

Feb 52 min read

Simplified Liquidation Procedure: A Faster Way to Close Inactive Companies in Malta

On 16 December 2025, significant amendments to the Companies Act came into force, introducing a Simplified Liquidation Procedure for eligible Maltese companies. This new framework provides a streamlined and cost-effective alternative to traditional voluntary winding-up procedures, addressing long-standing concerns around the time, complexity, and expense involved in closing down inactive or dormant companies.

Advisory

Jan 292 min read

Tax Treatment of Highly Skilled Individuals Rules

On the 23rd January 2026, the long-awaited legal notice 20 of 2026 introducing the Tax Treatment of Highly Skilled Individuals Rules was published. The new programme replaces existing incentive regimes mainly the Highly Qualified Persons Rules, but keeps the main features of the previous programmes, namely the 15% flat tax rate on qualifying employment income.

Taxation

Jan 282 min read

Linking Numbers to Strategy: The Role of Management Accounting

Accounting

Jan 222 min read

Group Auditors Explained: What Businesses Need to Know About Consolidated Accounts

Many Malta-based groups operate internationally through subsidiaries, SPVs, holding companies, or overseas operations. In such cases, businesses may be required to prepare consolidated financial statements, which often require an audit of the consolidated accounts.

Accounting

Jan 155 min read