• Company Services
    • Incorporation
  • Taxation
    • Company Taxation
    • Double Taxation
    • Personal Taxation
    • Company Tax Incentives
    • Personal Tax Incentives
    • VAT
    • Property Tax
  • Gaming
  • Accounting
  • Relocation
    • Residence
    • Citizenship
    • Retirement
    • Employment
  • Finance
    • Funds >
      • Hedge Funds
      • UCITS
    • Investment Services
    • Payment Services
  • Maritime
    • Yacht Registration
    • Ship Registration
  • IP Rights
    • Trademark
    • Patents
    • Copyright

Malta VAT - Value Added Tax System

Malta VAT System

Anyone who carries on an economic activity is obliged to register with the VAT department, unless he provides an exempt without credit supply. Such registered persons collect VAT on behalf of the Government therefore, as such, VAT is suffered by the ultimate consumer and not the registered person.

Malta VAT Rates

The standard rate is 18% but a reduced rate of 5% is charged in respect of certain supplies including the supply of electricity, printed material, medical accessories and the repairs of certain products. There is also a reduced rate of 7% charged on the provision of accommodation in licensed holiday premises.

Exemptions from VAT

Exempt importations include:
  • goods that are intended to be placed under a customs duty suspension regime
  • re-imported goods which are re-imported unaltered

Exempt intra-Community acquisitions include:
  • acquisitions of goods whose supply or importation is exempt
  • acquisitions that are part of certain triangular transactions

Exempt without credit supplies include:
  • the transfer and the letting of immovable property (excluding inter alia commercial letting and hotel accommodation)
  • insurance services
  • credit, banking and certain investment services
  • lotto and lotteries including remote gaming
  • health and welfare
  • cultural services
  • education

Exempt Persons

Persons whose annual turnover is less than the statutory thresholds are entitled to be registered as an ‘exempt person’. An exempt person does not charge VAT but is not to deduct input VAT. Persons whose turnover does not exceed €35,000 (in the case of the supply of goods) and €14,000 (in the case of services) may opt to be registered as an ‘exempt person’.

Malta VAT Returns

A VAT registered person is to submit a VAT return on a quarterly basis (every three months). In certain circumstances, the Commissioner may allow such registered person to report on an annual basis.

For more information about the Malta VAT System, filling in VAT Forms and VAT Exemptions please  contact us on info@virtusmalta.com or by filling in the form on the Contact Us page.

MEMBERS OF

Noel Muscat and Co
Virtus Advisors, Corporate Memberr of Finance Malta
Lowtax Global Tax and Business Portal

ABOUT US
CONTACT US
NEWS & ARTICLES


Contact Us
T: (+356) 2137 2462 
M: (+356) 7928 3951 
F: (+356) 2137 4869
E:
info@virtusmalta.com

         
Virtus Advisors Ltd. is a company registered in Malta - Company Registration Number: C 66454 - Member of Noel Muscat & Co.
  • Company Services
    • Incorporation
  • Taxation
    • Company Taxation
    • Double Taxation
    • Personal Taxation
    • Company Tax Incentives
    • Personal Tax Incentives
    • VAT
    • Property Tax
  • Gaming
  • Accounting
  • Relocation
    • Residence
    • Citizenship
    • Retirement
    • Employment
  • Finance
    • Funds >
      • Hedge Funds
      • UCITS
    • Investment Services
    • Payment Services
  • Maritime
    • Yacht Registration
    • Ship Registration
  • IP Rights
    • Trademark
    • Patents
    • Copyright