M.Meilak and Associates is an accounting firm based in Malta providing tax advisory and accounting services across different sectors. As independent accountants, we provide unique insight to your business needs. We work to help companies and individuals develop and realize their aspirations. Our professional services include preparation of accounts, company formation, corporate finance, tax advice and business management consultation across all sectors.
We believe in building long lasting mutual relationships with our clients. We always put our clients first and work in a proactive manner, thus anticipating our clients’ needs. We believe that there is always room for improvement and always seek to do better.
Lower rate of interest for late payment of income tax26th September 2015
By virtue of Legal Notice 295 of 2015, the rate of interest for late payment of income tax from 1st January, 2016 will be reduced from 0.75% per month to 0.54% per month or part thereof. The interest is calculated on the unpaid tax, starting from the date on which the tax should have been […] read more
VAT Treatment of e-books18th August 2015
In July 2012, the EU launched infringement proceedings against Luxembourg and France for applying reduced VAT... read more
VAT Treatment of virtual currencies18th August 2015
Legislation often fails to keep pace with technological developments. A recent example of regulators lagging behind is the appearance... read more
Although being the smallest of the European Union’s member states, Malta is emerging as one of the fastest growing financial services centers. English, a joint official language with Maltese, is universally spoken and written and is the language of education and business.
Malta lies at a strategic crossroad between Europe and Africa acting as a meeting point of cultures and languages. Malta has a long-established and strong democratic tradition. It is a European Union member in which the rule of law is respected.