Taxation

 

International Tax Planning

Malta provides numerous tax planning opportunities for both business and individuals, controlled by specialised regimes that must be adhered to. Paul Mifsud’s taxation services are designed to provide optimised solutions to achieve your business objectives. Working with various companies, institutions and individuals, he aims to maximise his clients’ wealth whilst minimising their tax liability.

 

Local Corporate and Personal Tax Planning

Companies in Malta are obliged by law to submit an annual Tax Return to the Commissioner of Inland Revenue declaring and specifying their taxable income and any applicable deductions. Paul Mifsud aids a variety of clients, relieving the pressure on those with the financial responsibility for these tax returns, who may already have a sufficient workload.

Paul Mifsud provides assistance in compiling tax computations and can aid in the preparation of self-assessment income tax returns, whilst offering comprehensive and honest advice and maintaining all accounts as required by the Income Tax Act.

Malta also claims taxation rights on individuals who are residents and/or domiciled in Malta, and so therefore a foreign resident would be taxed the standard tax rate on income earned in Malta, whilst outside income not received or remitted to Malta is omitted. Capital derived outside of Malta and then remitted into Malta is not subject to tax.

 

VAT Consultancy

Paul Mifsud can assist clients on initial VAT registrations and other VAT related declarations including VAT advice and recovery. Paul Mifsud provides international VAT advice to clients both in and outside of the EU, for industries such as gaming operations companies and fund managers.