Insights

Picture this: you're three years into running your business. You know your customers, your margins, your busiest months. You could probably run the whole thing on instinct at this point. Then a bank, an investor, or a grant scheme asks for a "business plan," and suddenly you're staring at a blank template wondering why you need to write down what you already know in your head.

On 10 July 2026, Legal Notice 184 of 2026 introduced a number of important amendments to Malta’s Companies Act (Register of Beneficial Owners) Regulations. The changes affect how companies identify, record and report their beneficial owners and also introduced the new Form BO4.

From 1 January 2027, Malta's Global Residence Programme (GRP) is being folded into a new Individual Tax Programme (ITP) — with a materially higher minimum tax, a higher application fee, and a nationwide property threshold that removes today's regional discounts. Apply and receive your GRP certificate before the deadline, and you lock in the current, more favourable terms for five years.

Although both cash flow and profit are indicators of a company’s financial health, they are not mutually exclusive metrics. Indeed, oftentimes one comes across cash-rich business who are showing a loss in their profit and loss or profitable ventures who suffer from a lack of cash. To understand why this happens, one must look at what both profits and cash mean and understand how, rather than just measuring one or the other, a business can use both to ensure its success in the

Item 1, Part Two of the Fifth Schedule to the VAT Act, provides that the letting of immovable property is treated as an exempt without credit supply. In practical terms, as a default rule, a landlord renting out premises on a long let neither charges VAT on the rent nor recovers input VAT on costs such as renovation works, maintenance,

When Maltese businesses think of audits, they often associate them solely with statutory filings submitted to the Malta Business Registry (MBR). In practise, however, audits serve far more than compliance.

Financial statements are more than just numbers on paper. They tell the story of a company’s performance, decisions, strengths, and challenges over a period of time. Just as a book reveals the journey of its characters, financial statements reveal the journey of a business.

Due diligence tends to be considered as part of bureaucracy, but it’s actually about something much simpler: knowing who you’re doing business with. Who are they? Where did their money come from? And does the relationship actually make sense?

Malta Enterprise has officially renewed the Micro Invest Scheme until 31 December 2030, reinforcing its commitment to supporting the growth, competitiveness, and long-term sustainability of small and medium-sized enterprises (SMEs) in Malta and Gozo.

An entity’s financial statements are normally prepared on a going concern assumption. This means that the company is expected to continue operating for the ‘foreseeable future’, meaning, at least 12 months from the reporting date.

Malta Enterprise has officially renewed the Micro Invest Scheme until 31 December 2030, reinforcing its commitment to supporting the growth, competitiveness, and long-term sustainability of small and medium-sized enterprises (SMEs) in Malta and Gozo.

In the landscape of corporate finance, an undertaking generally funds its operations through two primary channels: borrowing (debt) or owner investment (equity).

Malta has long been regarded as one of Europe’s leading yachting jurisdictions. Its registry is efficient, its legal framework is well established, and its position in the Mediterranean provides a natural connection to the wider industry. For many owners and advisors, the Malta flag is therefore an attractive starting point.

Let me be honest with you — when I first started seeing automation tools creep into us industry, I wasn’t sure whether to be excited or worried. As a firm based here in Malta, we work closely with businesses of all sizes, and bookkeeping has always been at the heart of what keeps those businesses running. So, when the conversation around automation began getting louder, we paid close attention.

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.

“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.

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.