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Register for VAT in Malta

Register for VAT in Malta

Updated on Friday 08th July 2016

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Register-for-VAT-in-MaltaThe main law governing the value added tax in Malta is the VAT Act and its subsidiary legislation which provide for the registration of companies and individuals for this tax. According to the law, both natural persons and legal entities involved in an economic activity, are deemed taxable. The following activities fall in the category of supply of goods and products liable for VAT:

  • -          the supply of personal services;
  • -          the exploitation of property with the purpose of obtaining revenue in a continuous form;
  • -          the provision of facilities based on subscription.

Our lawyers in Malta can offer more information about carrying out economic activities under the VAT Act.

Categories of VAT registration in Malta

Companies and individuals are required to register for VAT in Malta under one of the following categories:

  • -          those supplying goods or services who will register for VAT under Article 10;
  • -          those supplying goods or services who will register for VAT under Article 11;
  • -          those with intra-community supply of goods and services in Malta who must register for VAT under Article 12.

Maltese companies registering for VAT under Article 10 will receive a VAT number with the MT prefix which can also be used as an EORI number. Maltese companies registering for VAT under Articles 11 and 12 will receive VAT numbers without the MT prefix.

For each of the above category, the legislation imposes certain thresholds. These are:

  • -          activities consisting in the supply of goods or services which can bring annual turnovers, with an exit threshold of 28,000 euros and an entry threshold of 35,000 euros;
  • -          activities consisting in the supply of goods or services with a low value added tax, with an exit threshold of 19,000 euros and an entry threshold of 24,000 euros;
  • -          other economic undertakings with an exit threshold of 12,000 euros and an entry threshold of 14,000 euros.

Our Maltese lawyers can explain in details the VAT registration categories.

Documents required when registering for VAT in Malta

Companies and individuals registering for the Maltese VAT are required to submit the following documents with the VAT Department:

  • -          copy of ID card or valid passport of the applicant in the case of natural persons;
  • -          copy of the ID card or valid passport of the company’s representative in the case of companies;
  • -          copy of the statutory documents in the case of partnerships and companies.

The VAT registration procedure takes around three or four weeks.

For assistance with the VAT registration procedure, please contact our Maltese law firm.

 

 

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