Although the VAT treatment of aviation and shipping companies can be quite an intimidating topic, the accounts team at GCS Malta simplify matters in this article. Aircraft Treatment of VAT Companies within the aviation industry, i.e. companies that operate an airline, are subject to special VAT treatment. The following are all exempt with credit: The […]
When recruiting new employees, an organisation needs an efficient and effective hiring process to identify the best candidates possible for the job. Although recruiters follow different hiring processes, their goal is always the same—to find the right match! Not sure how to go about it? Our Recruitment & HR team has established one hiring process […]
Overview The last decade has seen Malta emerge as the undisputed front-runner in the regulation of the online gaming industry. As of the end of 2020, the number of companies licensed by the MGA, including online and land-based entities, stood at 323, holding 328 gaming licences and 357 game type approvals to offer various types […]
What is Customer Due Diligence? When applied and used appropriately, Customer Due Diligence (CDD) is argued to be the most effective and efficient due diligence process. It is the act of assessing your customers’ background to determine their identity and the level of risk they pose. This process involves the assessment of the customer’s name, […]
With the technological advancements over the years, we now live in an age where most of our activities involve the wider use of the internet. From online shopping to online courses, physical activities are now done over the internet, wherein each activity requires information to be secure. With the introduction of remote working due to […]
Are you a self-employed person, but the thought of Tax, VAT and social security scares you? The professional team of accountants at GCS Malta have your back and outline in detail in our latest article. Self-employed persons Firstly, a self-employed person is an individual that conducts economic activity in their name. Any person in this […]
When pairing fonts, one must understand typography, particularly between a serif and a sans serif. Although Serif typefaces are traditional, their characteristic trait is the small strokes called serifs attached to the main body. Sans serifs, meaning ‘without serif’ in French, don’t have these strokes. For more information about typography, you can read our Introduction […]
After introducing you to Employee Satisfaction Surveys we need to guide you regarding this useful HR tool further. Crafting surveys can be tricky; you don’t want them to be super long and tedious, but at the same time, you want them to be informative and practical. So today, we will discuss what kind of questions […]
Undoubtedly, COVID-19 has affected us in many ways that encouraged us to find new methods in all aspects of our lives; the audit industry is no exception. Social restrictions imposed during the COVID-19 global pandemic compelled auditors to find alternative means to complete timely and quality audits. As a result, auditors had to perform audits […]
Investment property is a term known by many, but few fully understand it—the accounts team at GCS Malta outline in further detail in our latest article. Definition: IPSAS 16 defines Investment Property as land or building or part of the building, held to earn rentals or appreciation in value or both. Investment Property refers to […]