Yachting in Malta

Back to Posts 2019 Guidelines issued by CfR on the hiring of pleasure yachts Background Malta’s position in the centre of the Mediterranean, its magnificent natural harbours and its warm climate makes it a natural choice for yacht owners. Over the years, Malta has also established a strong reputation in the industry by offering reliable […]

How SMEs & Startups Can Weather the COVID-19 Storm

Back to Posts COVID-19 is primarily a health crisis, but nobody can deny that the effects of COVID-19 on most businesses is going to be significant. Today,  almost all business owners worldwide are scrambling to formulate plans with one aim in mind: Survival. It is now time for business owners to put aside the ambitious plans and dreams. […]

COVID-19 Economic Measures introduced by Government of Malta

Back to Posts On 24th March 2020, the Maltese Government announced additional measures to support local businesses and to protect jobs. The additional measures are estimated to amount to Euro 70 million per month. A summary of the previously announced measures that are estimated to be worth approximately Euro 1.8 billion are also set out below […]

How Can Cloud Accounting Systems Change the Way We Work?

Back to Posts When starting off our accounting firm over 3 years ago, one of the first major decisions we had to take was choosing our default accounting software. We knew from the outset that the only option was a cloud based solution that enabled us to assist our clients remotely and avoid unnecessary trips […]

We Are Now XERO Silver Partners!

Back to Posts Mint Finance is now recognised as a XERO Silver Partner. When we set up our firm in early 2017, one of our first major decisions was to select our accounting package of choice. The choice was simple – XERO! Since then, we have been managing a large proportion of our clients on […]

Setting up a Business in Malta

Back to Posts A business could take various forms, but generally takes the form of a limited liability company or commercial partnership. Such businesses are formed by agreement between the shareholders or partners and must be registered with the Maltese Business Registry. Naturally, one may also opt to register as a sole trader and do […]

Malta Budget 2021 – Summary

Back to Posts On 19 October 2020,  the Hon. Min. Scicluna addressed parliament and presented the Malta Budget 2021 budget. He started off by giving an overview of Malta’s economic performance over the year, followed by a series of measures and initiatives that the Government will be implementing during 2021. The main points and incentives […]

Micro Invest Tax Credits 2021 – For Companies

Back to Posts Companies can now apply for tax credits calculated at a percentage of the cost of investments carried out in 2020. The deadline for submission of applications for investments carried out in 2020 is 26 May 2021 In order to be eligible, the applicant should: Be registered as a company; Not employ more than 50 […]

Investment Aid Regulations 2021

Back to Posts The Investment Aid Scheme, which is administered by Malta Enterprise, aims to sustain the regional industrial and economic development of Malta. This measure facilitates initial investments by encouraging the setting up of new establishments as well as the expansion and development of existing businesses.  The aid awarded under these guidelines shall amount […]

Startup Success

Back to Posts Starting a new business is challenging, no matter how many times you have done it before. At startup phase, most of the effort is focused on developing the product, getting the right talent, and coming up with a unique marketing plan. In many cases, startups tend to leave the finance function on […]