DFK Malta’s Director of Accountancy & Advisory, Daniel Borg, recently took on the LifeCycle Challenge in Africa, an inspiring test of endurance and resilience. Covering thousands of kilometres, the challenge raised funds and awareness for renal patients. We caught up with Daniel to learn more about his journey, the cause, and what this experience means […]
Season’s Greetings from DFK Malta!As the holiday season approaches, we would like to extend our warmest Christmas wishes to each of you.Office Closure Notice:Our office will be closed from Monday, December 23rd, 2024, to January 2nd, 2025 (inclusive), as we take this time to celebrate and recharge for the year ahead. We’ll be back and […]
A co-operative is a unique, member-driven business model where individuals come together to meet common economic, social, and cultural goals. Whether it’s a worker co-operative, a retail co-operative, or an educational co-operative, the possibilities are vast. In Malta, you need at least five members to form a co-operative. Here’s how to register:1. Draft a statute: Define […]
Several Business Enhance funding schemes, offering EU funding to Maltese businesses, are approaching their final application cut-off date of 31st December 2024. Grants ranging from €4,000 to €500,000 are available to support various business needs, including investments in machinery, equipment, and digital solutions such as hardware and software to enhance efficiency and innovation. Startups can […]
The Budget for 2025 was presented by the Minister of Finance and Employment Clyde Caruana on 28th October 2024.The Budget introduced changes to personal tax bands, enhanced the benefits to pensioners and the incentives to families and vulnerable persons, whilst also addressing specific economic sectors.This publication highlights the fiscal, social, and economic measures presented to […]
We would like to bring to your attention that the DFK Malta Office will be closed on Friday, 13th September 2024 for a scheduled team-building activity.We appreciate your understanding and support as we take this time to strengthen our team. Normal business operations will resume on Monday, 16th September 2024.For any urgent matters, please feel free to reach […]
Are you ready to take your co-operative to the next level? Whether you’re looking to upgrade equipment, streamline operations through digitalisation, or develop a solid business plan, there are several grants available to help you achieve these goals. The SME Enhance Scheme offers financial support for expanding your business, covering equipment purchases and operational upgrades. The […]
Sustainability is one of the most important concepts when it comes to protecting the environment. Most environmental problems – from over fishing to air pollution – come from unsustainable usage of natural resources. Sustainable practices support ecological, human, and economic health and vitality. With the growing awareness of environmental issues and the pressing need to reduce […]
A co-operative society is an autonomous group of individuals who voluntarily unite to meet their economic, social, and cultural needs through a jointly owned and democratically controlled enterprise. Here are some key points about co-operatives: Co-operative Contribution:Co-operatives in Malta are exempt from paying income tax. However, they are required to contribute 5% of the annual surplus […]
The Feasibility Study scheme seeks to help enterprises with the cost of researching their proposed business or new business idea to see if it could be viable and sustainable. The study should help the enterprise to reach firm conclusions about their business as well as identifying the resources required to carry it through and ultimately […]