Foreign investors are drawn to Malta because of the prolific economy it had during the last several years. According to various reports, Malta has registered one of the largest economic growths and has had one of the lowest unemployment rates in the European Union which are clear indicators of financial stability.
Starting a business in Malta has many advantages, including tax benefits for foreign shareholders, however without a proper knowledge or specialized help some of these advantages can be omitted or even unknown to foreign investors. In order to make sure one knows everything there is to know about the accounting and other financial requirements the local authorities impose, it is best to seeking for financial services in Malta.
Our company incorporation agents in Malta can assist those interested in starting a business here.
Financial services available in Malta
Most business owners think that financial services refer to the industry with the same name and implies starting an investment fund or another business in the financial field. However, the term can also refer to a wide range of services covering aspects related to the bookkeeping of a company in Malta.
When speaking about the financial services our team offers to companies in Malta, we remind:
- – accounting services;
- – audit services;
- – payroll services;
- – human resources services;
- – tax advice and planning;
- – advice related to opening investment funds.
When it comes to offering assistance in opening investment funds in Malta, it should be known that there are companies licensed to offer this type of services.
Why should you use financial services in Malta?
While a Maltese company should have its own accounting department, in some cases where the bookkeeping is much more complex, consulting or outsourcing part of the accounting is a good solution. Also, Maltese startups are advised to request financial services which can help them plan their finances.
Another reason why financial services are advisable is that Malta has a specialized workforce in the accounting field and the prices for this type of services are diverse in order to be affordable to both small and large companies.
If you need financial services or want to open a company here, do not hesitate to contact our company registration advisors in Malta.