Recent content by umbear84

I have also legal services with them and I spend around 15/20k per year. For pure accounting, if you do not have payrolls or other stuff, you would spend around 8/10k. But there are a lot of different firms also cheaper. It really depends on what you need. In uk I work with premier uk business llp.

I work with WH partners here in Malta, but they are pretty expensive.

No, the UK holding is not set as dormant. As for the fiscal unit, the reason we’re not using it is because, in theory, if you get the full refund, you can’t immediately remit it to Malta. So it’s more about practicality. Hope that clears it up,assuming that’s “true” enough for you.

Yes, exactly.

It’s three years now. Yes, you’re correct not fiscal unit. First refund after 6 months, second still waiting (should arrive soon).

We have the same structure. Works well. Revolut opened easy on the UK holding. Good thing is that you can receive TAX refunds directly on the UBO’s account instead of receiving it in the holding’s account.

Hi, can you contact me in PM please?

xero is fine, we are using it in Malta

I moved to Malta with my family a few weeks ago. Everything that has been written is true, but it also has to be said that waking up in the morning and seeing the sea everywhere is a plus, you can eat well, you can move all over Europe without spending much, the people are very friendly and it...

Actually, from what I know, it’s not possible to re-domicile an UK entity in Malta.

No problem. I write you in PM

@Maverick7 This is correct, but not entirely. If we apply for consolidation we can put the money back into Malta without paying additional taxes, but only in case they are used for investments and not for ordinary expenses such as rent, buying a car etc. It seems that consolidation works...

Hi, sorry for the late reply, but I didn’t see your answer yesterday. To answer you, yes it’is available because there is an LLP in UK that owns the shares of the holding company in Malta. With the “option 2” setup you can choose between 6/7 refund or consolidation at 5%.

Right

Hi, I opened a two company structure in Malta. I consulted several accountants, but in the end I went with a very large and very expensive firm. I did it with them because they were the only ones who spoke to me clearly and professionally and because I had to much to lose. This is the first...