WDM International’s tax practice has grown exponentially over the last 20 years. The firm’s tax practice is actively involved in assisting foreign investors structuring their expansion in Malta particularly in relation to withholding taxes, corporate tax residency, interpreting double tax treaties and the formation and management of international groups. We also advise private clients, choosing Malta as their state of residence or as a hub for holding their investment and trading activities. Depending on the case at hand, this is also achieved via the interposition of trusts and foundations, areas in which our tax team professionals are well versed in.
Income Tax – Consultancy & Compliance
At WDM International we specialize in corporate tax consultancy providing a complete solution for all areas of business taxation, corporation tax compliance and VAT in Malta, with the possibility of using our international network for cross border issues. We are delighted to provide our consultancy services to organizations of all sizes in all areas of tax planning, tax compliance, tax efficiency and mitigation, VAT, International tax and personal tax.
We provide practical, effective business tax advice and corporate tax compliance services to companies and businesses. Our deep awareness as to the manner in which company dynamics function in the real world allows us to apply our experience and knowledge to delivering results for those businesses. Our experience has given us a great insight of other factors beyond corporate tax such as the interaction and importance of VAT and other taxes affecting businesses, as well as the impact of tax planning on treasury and accounting operations. Our approach to dealing with clients’ tax issues is to view tax as a discipline which runs parallel to the rest of the business, thus constituting a complementary part of the business. To this end we work with all aspects of the business to ensure the optimal result for that business.
VAT Advisory and Compliance
At WDM International we also provide Value Added Tax (VAT) consultancy and compliance. Over the years, VAT has since become increasingly complex, affecting the day to day operations of a business more than any other tax. Moreover, this indirect tax could easily give rise to additional unforeseen costs and can have a massive impact on the cash flow of a business. With practical application of VAT, its issues and potential pitfalls we utilize our experience gained from working within business organizations for nearly 20 years, to assist clients in minimizing the impact that VAT has on their operations.
We understand that complying with the VAT regime is not easy. Once a business is caught up in the penalty regime of VAT legislation, things can quickly get out of control. We assist our clients to avoid these penalties by ensuring the smooth operation of VAT compliance within the business. We can also advise on the expected VAT implications of commencing to trade outside of Malta, in accordance with the implemented structure. For those businesses coming to Malta for the first time VAT may be a rather new concept. We can offer our guidance through VAT legislation, advising you accordingly as to what the implications will be for your new business while assisting you with your VAT compliance requirements.
With our practical knowledge of how companies operate we are uniquely placed to offer you common sense, practical and efficient solutions to your business needs.