Services

At Brainston Advisory, we can guide you and provide you with comprehensive professional services to meet your specific needs to make sure that you take the right steps to achieve your goals and be compliant with all the applicable requirements
Corporate
Company formation & Company compliance services
At Brainston Advisory we can guide you to find the business structure most appropriate for your requirements and assist you with the pertinent compliance requirements and obligations. We can provide you the assistance you need to set up your company in Malta in accordance with the Companies Act.
Our services include

  • Company formation*;
  • Filing statutory documents;
  • Company dissolution;
  • Registered office*;
  • Share transfers;
  • Company compliance services.

 

*The Company formation and Registered office services are provided by our director, Dorothea Cachia Micallef, an authorised Class A Company Service Provider under the Company Service Providers Act (Chapter 529) of the Laws of Malta.

Accounting
Accounting and Bookkeeping
No matter the size of your business, whether you are a sole trader or a company, proper bookkeeping is essential for the success of your business. Brainston Advisory can assist you in keeping your accounting records in line with accounting principles in accordance with the Maltese Law and the International Accounting Standards and in accordance with the VAT and income tax requirements.
Our services include

  • Posting of sales, purchases, and expenses;
  • Analysing receipts and payments;
  • Bank reconciliation bank balances with your records;
  • Payables and receivables reconciliations;
  • VAT reconciliation;
  • Preparation of management accounts;
  • Accounting for year-end adjustments;
  • Preparation of financial statements to be audited by statutory auditors.

Payroll
At Brainston Advisory we can assist you will all the payroll processing services and reporting obligations.
Our services include

  • Employer registration;
  • Engagement of employment;
  • Calculation of income tax and national insurance;
  • Preparation of payslips;
  • Submission of monthly and annual forms to the tax authorities;
  • Termination of employment.

Tax
Tax
Taxation is everywhere and any action might lead to tax implications. Tax matters are important affairs for both individuals and companies as they might give rise to cross border implications. Through our knowledge and experience, we advise individuals and companies to comply with the tax regulations and obligations and guide them to ensure proper tax treatment on their income and capital gains, both from a local and international perspective.
Our services include

  • Registration for tax purposes;
  • Preparation of tax computation to determine income tax liabilities;
  • Assistance with provisional tax;
  • Advising payment and submission deadlines;
  • Preparation and submission of tax returns with the Inland Revenue Department;
  • Preparation and submission of refund claim form to the Inland Revenue Department;
  • Obtaining tax residence certificates;
  • Assistance with cross border tax and double taxation treaty matters.

VAT
VAT rules might get complex and challenging, missing the right VAT treatment or obligations may lead to a liability of penalties and interest, therefore it is essential that VAT matters are accurate through proper VAT accounting. Through our experience and knowledge of VAT laws, we can assist you to comply with the VAT regulations to avoid any unnecessary liabilities.
Our services include

  • Advice on which VAT registration is the most suitable for your business;
  • VAT registration;
  • VAT treatment and determination of VAT liability or refund;
  • Preparation and submission of VAT returns;
  • Partial Attribution calculation of input VAT when applicable;
  • Adjustment of VAT returns;
  • Preparation and submission of recapitulative statements;
  • VAT deregistration.

Advisory
At Brainston Advisory, we can provide you with a range of consultancy services that you may require to take up residence in Malta or set up a business in Malta.
Our services include

  • Residence advice;
  • Tax planning;
  • Tax Advice;
  • VAT Advice;
  • Company Formation;
  • Business plan.

Residence
Whether you are an EU or a non-EU national, at Brainston Advisory we can guide you through the process to take up residence in Malta and advise you the best residential programme which is most applicable for you from both a residential perspective and a tax perspective.
Our services include

  • Assistance with Ordinary Residence application;
  • Assistance with The Residence Programme (TRP) application;
  • Assistance with the Malta Retirement Programme (MRP) application;
  • Assistance with the Global Retirement Programme (GRP) application;
  • Assistance with the Malta Residence & Visa Programme (MRVP) application.