Articles

The EU is increasing the level of tax transparency to detect potentially aggressive tax arrangements. GCS Malta’s team of tax advisors outline the tightened disclosure rules of the DAC6 in the following article. DAC6 stands for the Directive 2011/16/EU on mandatory automatic exchange of information in the field of...

Under the Social Security Act any contract of service or apprenticeship, written or oral, whether expressed or implied, by or under the Government of Malta, is insurable employment. The term “gainfully occupied” also refers to a person who is employed in insurable employment or is self-occupied. The tax advisors’ team...

Malta’s long maritime tradition and culture have led to the country becoming a well-established and reputable ship register. Dedicated legislation, all in-line with EU Directives and International Maritime Organisation Conventions, have made Malta register the sixth-largest maritime register in the world and the largest merchant flag in the European...

Do you have a high turn-over rate? The recruitment team at GCS Malta list 9 employee retention strategies to help you overcome this hurdle in the following article. 1.      Hire the right person from the start. Be honest during the hiring process and outline what it is you expect of...

The Base Erosion Profit Shifting (BEPS) plan, presented by OECD, increased the importance of substance. The tax advisors’ team at GCS Malta, outline how crucial it is that an operation has substance in the country where the operations are being carried out. Substance has become a key term...

The news is finally out and we’re proud to announce that we will be part of X Factor’s second season, starting this October. via GIPHY So, who are GCS Malta? We are a Corporate Service Provider in Malta serving clients both onshore and offshore. We offer a wide...

The audit team at GCS Malta investigate internal controls and have outlined the key points in the following article. The Institute of Internal Auditors defines control (according to the International Standards glossary) as: Any action taken by management, the board and other parties to manage risk and increase the likelihood...