Bookkeeping
Accurate bookkeeping is essential for any successful business, providing clear financial insight and supporting informed decisions. Our professional bookkeeping services in Malta ensure precise, timely, and compliant financial records tailored to local business needs.
We are well-versed in Malta’s regulatory requirements, including VAT, tax filings, and accounting standards. Our experienced team handles all bookkeeping tasks—from recording transactions and reconciling bank statements to preparing trial balances and financial reports—in line with Maltese laws and international principles.
Outsourcing your bookkeeping to us gives you access to streamlined processes and real-time financial data using advanced accounting software. This helps you monitor your company’s financial health and plan strategically.
We also manage accounts payable/receivable, payroll bookkeeping, and audit-ready documentation. Confidentiality and professionalism are at the core of our service, ensuring your financial data is always secure and well-managed.
VAT Returns & Recap
Efficient VAT management is essential for businesses in Malta to remain compliant and avoid penalties. Our specialized VAT Returns and Recap services help you navigate complex VAT legislation with accuracy and confidence.
We offer full support in preparing and submitting VAT returns, ensuring compliance with Malta Inland Revenue Department requirements. Our expert team carefully reviews your records to capture all relevant transactions, calculate the correct VAT, and submit returns on time.
Beyond returns, we provide VAT recap services—compiling and reconciling detailed summaries of your taxable sales and purchases. These reports improve transparency and support smooth audits.
With in-depth knowledge of Maltese VAT laws and ongoing updates on regulatory changes, we offer strategic guidance and highlight VAT-saving opportunities. Whether you're a small enterprise or a multinational, our services are designed to reduce risk and optimize your VAT position.
Eco Tax in Malta
Complying with Malta’s Eco Contribution Tax regulations is essential for hospitality businesses such as hotels, guesthouses, and short-term rentals. Our Eco Tax compliance services are designed to simplify your obligations, ensuring accurate reporting and timely submissions in line with local legislation.
We assist with the full process—from registering for Eco Tax with the Malta Tax Authority to preparing and submitting monthly or quarterly returns. Our team ensures all applicable nightly contributions are correctly calculated based on your occupancy records and guest data.
With expertise in hospitality accounting and regulatory compliance, we help you avoid penalties by maintaining accurate documentation and staying updated on regulatory changes. We also offer guidance on how to integrate eco-tax charges transparently into your pricing and invoicing systems.
Whether you're managing a boutique guesthouse or a large hotel chain, our services are tailored to your scale and needs, allowing you to stay focused on delivering excellent guest experiences.
Payroll
Managing payroll in Malta requires accuracy, confidentiality, and compliance with local regulations. At MS Finance and Accounting, we offer full payroll solutions to reduce your administrative workload and ensure legal compliance.
Our services cover monthly salary calculations, tax and Social Security Contribution (SSC) deductions, and timely payments to employees and authorities. We operate under the Final Settlement System (FSS), ensuring all tax obligations are met and reported to the Commissioner for Revenue.
We handle essential tasks such as payslip generation, FS5 submissions (monthly tax and SSC), FS3 (annual employee tax reports), and FS7 (annual employer summary). We also monitor leave balances, bonuses, and statutory entitlements to ensure compliance with the Employment and Industrial Relations Act.
Whether you employ one person or many, we help you manage payroll with precision and professionalism, applying correct rules for sick leave, overtime, public holidays, and minimum wage. Trust us to keep your payroll accurate, compliant, and hassle-free.
Profit and Loss Statements
A Profit and Loss (P&L) statement is a key financial report that shows your business’s income, costs, and expenses over a specific period. It highlights your company’s profitability and performance, helping you understand how effectively you're managing revenues and controlling expenses.
At MS Finance and Accounting, we provide accurate, tailored P&L statements to meet your business needs. Our team compiles and analyses your financial data to present a clear summary of gross profit, operating income, and net profit.
These reports are essential for budgeting, decision-making, and identifying opportunities to reduce costs or increase revenue. We prepare P&L statements in line with local accounting standards and regulatory requirements, offering monthly, quarterly, or annual reporting options.
Whether you're a small business, a startup, or a growing enterprise, our service ensures timely delivery, professional accuracy, and actionable insights. We also support you in interpreting the results to help drive better financial decisions and improve profitability.
Financial Statements
Accurate and timely financial statements are essential for Maltese businesses to meet legal obligations, support decision-making, and maintain stakeholder trust. At MS Finance and Accounting, we provide professional financial statement preparation tailored to local and international standards.
Our services include compiling balance sheets, income statements, cash flow statements, and notes to the accounts. We ensure all data is accurate, well-organized, and presents a true and fair view of your financial position and performance.
We prepare statements in full compliance with Malta’s Companies Act, Malta Business Registry, Inland Revenue Department, and International Financial Reporting Standards (IFRS), where applicable. This ensures your reports are both legally compliant and professionally credible.
We also coordinate with auditors and tax advisors to support smooth audits and tax filings. Additionally, we offer guidance on improving financial reporting and internal controls.
Management Accounts
Management accounts are essential for businesses aiming to improve efficiency, control costs, and make informed strategic decisions. Unlike traditional financial statements, management accounts focus on real-time insights tailored for internal use.
At MS Finance and Accounting, we provide customized management reporting that includes budgets, forecasts, cost analysis, and performance reviews. These reports give you a clear view of your company’s financial health, helping you allocate resources effectively and plan proactively.
We integrate financial and operational data to support decisions on pricing, investment, and risk management. Our team tailors reports to your business model and industry, ensuring clarity and relevance.
Using modern accounting tools, we deliver accurate, timely information to help you manage cash flow, assess profitability, and monitor cost centres. By outsourcing management accounting to us, you gain expert insights without added internal burden.
Our services suit businesses of all sizes, offering the financial visibility and strategic support needed to drive long-term growth and success.
Income Tax Returns
Filing accurate and timely income tax returns is crucial for individuals and businesses in Malta to remain compliant and avoid penalties. At MS Finance and Accounting, we provide expert Income Tax Return services tailored to your specific financial situation.
We assist individuals, self-employed professionals, and companies with the preparation and submission of income tax returns in full accordance with Maltese tax laws. Our team stays up to date with the latest tax regulations, deductions, and incentives to help you minimize your tax liability legally.
Our process includes a detailed review of income, expenses, and tax credits to ensure all declarations are correct and complete. We also handle corporate tax return preparation, guiding businesses through complex reporting requirements with ease.
Outsourcing your tax returns to us ensures accuracy, confidentiality, and timely submissions. Whether you're a private individual or a growing business, we provide the support and expertise needed to manage your tax obligations and plan effectively for the future.
EU/Public Funding
Securing EU and public funding is an excellent opportunity to support business growth, innovation, and development. However, navigating the application process can be complex and highly competitive. At MS Finance and Accounting, we offer expert consultancy to help businesses, NGOs, and individuals access a variety of EU and national grant schemes.
Our end-to-end services cover the entire funding cycle- from identifying suitable opportunities to submitting strong, well-structured applications and supporting project implementation.
We assist with funding in key areas such as:
Start-ups and SME development
Innovation and R&D
Digitalisation
Agriculture and food processing (EAFRD, LEADER)
Tourism and sustainability projects
Our support includes:
✔️ Funding eligibility checks
✔️ Proposal writing and budgeting
✔️ Business planning
✔️ Submission to relevant authorities
✔️ Guidance during implementation and reporting
Micro Invest Applications Malta
Micro Invest is a Maltese financial support scheme aimed at fostering entrepreneurship and growth for start ups and micro-enterprises. Our expert Micro Invest application services help entrepreneurs navigate the process, ensuring eligibility and maximizing funding opportunities.
The scheme offers grants for business development, product innovation, marketing, training, and equipment purchases. Our experienced team guides you from eligibility checks to preparing and submitting a strong application, including business plans and financial projections.
We ensure your application meets Malta Enterprise’s requirements and help structure your project to align with grant objectives, increasing your chances of success.
Partnering with us reduces administrative burden and streamlines the application process, letting you focus on growing your business. Whether starting out or expanding, our Micro Invest services provide professional support to secure vital funding.
Contact us today to learn how we can assist you in preparing a competitive Micro Invest application and advancing your business ambitions in Malta.
Work Permit Applications Malta
Navigating residence permits in Malta can be complex, involving various categories such as non-EU Single Permits, employment, non-employment, student permits, and EU applications. Our expert consultancy services simplify the process for individuals and employers, ensuring full compliance with Maltese immigration laws.
For Non-EU nationals, we assist with all aspects of Single Permits, including first-time applications, renewals, change of employer, family member permits, and changes of address.
Additionally, we support other residence permits such as non-employment permits for retirees or self-sufficient individuals, student permits for those pursuing education in Malta, and EU residence applications for citizens exercising free movement rights.
Our team guides you through eligibility assessments, documentation preparation, and application submissions to relevant authorities including Identita Malta and Jobs plus.
By outsourcing your residence permit applications to us, you minimize delays and reduce the risk of rejection. We also provide ongoing support for permit renewals and compliance, ensuring your or your employees’ legal stay in Malta is smooth and hassle-free.
Digital Nomad Residency Permit
Malta’s Digital Nomad Residency Permit offers remote workers and freelancers a legal way to live in Malta while working for foreign companies or running international businesses. This permit lets you enjoy Malta’s high quality of life without giving up your remote work commitments.
We provide full support throughout the application process to ensure your submission is accurate and compliant with legal requirements.
Our service includes:
✔️ Eligibility assessment based on your remote work status, income, and nationality
✔️ Assistance gathering essential documents such as proof of employment/self-employment, income, health insurance, accommodation, and police conduct certificate
✔️ Professional preparation and completion of all application forms (N1, N2, N4)
✔️ Submission to the Residency Malta Agency and management of all communications
✔️ Post-approval help with residence card issuance and local registrations