Fiscal Representative in Malta

Although there is no obligation to have a fiscal representative in Malta, it is still recommended to have this kind of expert for your business plans before starting the activities. We invite you to read this article and get an idea of the responsibilities of such a tax agent in Malta. You can also get in touch with our Maltese lawyers and find out everything you are interested in from a legal point of view about business and taxes.

What are the responsibilities of a fiscal agent in Malta?

A fiscal agent in Malta can be appointed for both EU companies and those from non-EU countries that want to conduct their business in this country. Even if there is no obligation to appoint such tax agent, it is still good to have such a specialist at hand. Here are some of the responsibilities of a fiscal representative in Malta:

• Provides support for VAT registration in Malta. We can help you obtain your VAT number in Malta.
• Offers assistance in varied tax matters for companies in Malta. Our Maltese tax agents can explain all the steps of the fiscal registration as well as information about the taxes that must be paid by the company you own.
• A tax agent in Malta can help you file the VAT tax returns. He/she also ensures that you pay the taxes related to the activities you carry out in Malta on time.
• Our Maltese fiscal representative can also manage the intra-community VAT tax obligations.
• The same fiscal representative in Malta can also help you with tax declarations.
• Maintaining the company’s accounts is another obligation of a tax agent in Malta.

Given these few responsibilities related to the activities of a tax agent in Malta, all that remains is to take into account the benefits offered in the business environment. Do not hesitate to ask for more information from our attorneys in Malta, who can put you in touch with our specialists in tax matters.

How can you choose a fiscal representative in Malta?

When choosing a tax advisor in Malta for your company, you should consider the following aspects:

• He or she must have a valid Maltese number/ID and preferably be a member of a professional body such as the Malta Institute of Taxation. Plus, a tax agent must be registered with the Commissioner for Taxes and Customs.
• A tax representative in Malta with experience knows the legislation changes and makes sure all modifications are properly implemented in the firm.
• When choosing a tax agent in Malta, the experience, previous collaborations, and achievements are taken into account. All of this should be included in the curriculum.
• A good tax advisor in Malta makes sure that the company is up to date with the tax payments.

It is recommended to take these aspects into account before choosing a tax representative in Malta. Also, to ensure you receive complete services in this regard, you can opt for the services offered by our experts.

About the taxation in Malta

We present some information about thetaxation system in Malta to give you an idea before starting a business here and collaborating with a fiscal agent:

• In Malta, the standard VAT rate is 18%. Also, lower rates apply: 12%, 7% and 5%, plus exemptions for certain categories of goods.
• The corporate income tax in Malta is set at 35%.
• The personal income tax ranges between 0% and 35%, depending on the annual income.

Besides assistance in tax matters, you may also solicit legal advice for buying a house in Malta. Please explore the services of our fiscal representative in Malta by contacting us for extra information. Clients can collaborate with our law firm in Malta in various legal and business matters.