At Promethean, we 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. 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 in avoiding 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 Malta following the implemented structure. VAT may be a relatively new concept for those businesses coming to Malta for the first time. We can offer our guidance through VAT legislation, advising you accordingly on the implications 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, helpful, and efficient solutions to your business needs.