VAT GROUPING

Local businesses operating within the regulated financial and gaming industries have an option to apply for VAT grouping in Malta. Subject to the satisfaction of certain conditions, a group of companies closely bound to one another by financial, economic and organisational links may be registered as a single taxpayer for VAT purposes, namely, a VAT group.

It is possible to include within the VAT group companies which carry out exempt without credit supplies and improve the overall VAT recovery. Transactions made between the group members fall outside the scope of VAT and as such are disregarded for VAT purposes. In the right circumstances, VAT grouping can therefore provide businesses with VAT recovery optimization, cash flow advantages as well as a reduction in administrative costs.

Our team at E&S Group can assist clients in navigating through this relatively new VAT regime. Our services include:

 

  • Cost/Benefit analysis to identify whether VAT grouping represents an optimal solution for your business structure;
  • Liaison with the VAT authorities for the request of a VAT group;
  • Compliance services for the preparation and submission of the group’s consolidated VAT returns.

If you would like to learn more on VAT grouping, please contact our VAT Manager on LinkedIn Antoinette Muscat, e-mail us on info@ellulschranz.com or leave a message below.

Testimonials

"According to our experience, E&S Consultancy team is made up of well-trained and skilled professionals who are always there to satisfy your business needs with reference to Maltase law. Their work is well organized and carried out in a precise and timely manner. I look forward to continuing my cooperation with E&S Consultancy."

Giorgio Crotta & Marco Compagnino - FIDINAM & Partners

KEY CONTACT

Chief Financial Officer and Director of Accounts

Antonella Lia

Antonella, obtained a Master Degree in Accounting from the University of Malta in 2015, and has furthered her studies by obtaining a Professional Certificate in Taxation in 2017. She has been working with E&S Group since 2012 and presently manages the Accounts Department as Director of E&S Back Office Services Ltd. Her main areas of practice are Corporate Tax, VAT, as well as the preparation of Financial Statements for companies from various industries including aviation, gaming, shipping, manufacturing, financial and other services.

Antonella is fluent in Maltese, English and Italian.

Email:antonella@ellulschranz.com

Phone:+356 2010 3020

Chief Executive Officer

Karl Schranz

An accountant by profession, Karl spent 10 years working for a reputable audit firm in various audit roles before joining JP Morgan Chase in London in 2005, specifically working in Credit Hybrid Derivatives. He then returned to Malta to head the corporate finance arm of a local audit firm. In 2009, together with Christian, he was one of the founding members of a Corporate Services Provider in Malta, leaving to set up E&S Consultancy in 2010. Karl heads E&S’ ICO and Tokenomics department, however, his competences include advising and assisting in all MFSA licensing processes, accountancy, Token structuring, iGaming, and all aspects of corporate finance.

Karl is fluent in English, Italian, Maltese.

Email:karl@ellulschranz.com

Phone:+356 2010 3020

VAT Manager

Antoinette Muscat

Antoinette joined the accounts team at E&S Group in 2014 after graduating with a Master Degree in Accountancy from the University of Malta. Her passion and interest in the area of indirect taxation has led to her current position of VAT Manager where, in addition to the preparation of financial statements, she is responsible for overseeing the clients’ VAT compliance obligations and provides advisory on the VAT treatment of transactions undertaken in different business areas, including gaming, blockchain and the financial sector.

Antoinette is fluent in English, Italian and Maltese.

Email:antoinette@ellulschranz.com

Phone:+356 2010 3020

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