Accounting Services for Malta Businesses
We keep your books and prepare your VAT returns and year-end accounts, with payroll if you need it.
- ACCA-qualified staff
- Malta Institute of Accountants member
- Handover from your current accountant
You will speak with Andrew Fenech
Why Borg Galea
Tax and audit alongside
Tax, audit, corporate and regulatory work through the same relationship as your accounts.
A firm of 115+ people
We have grown from two people at the 2017 founding to 115+ at Borg Galea.
A team in Birkirkara
The team works from our office at Centris Business Gateway, Birkirkara.
“I have been a client of Borg Galea & Associates for 5 years and have always found their services to be extremely professional and approachable. They support me through many financial tasks, both on a personal level and in respect of my company. They also enlist the help of other professionals to ensure that informed decisions are made. I highly recommend their services.”
Daniel CutajarDino’s Motors- Borg Galea is a member of FinanceMalta, IFSP, MIA, MIT and MEA.
Where accounting clients usually start
- 01
Bookkeeping and reconciliations
Send us your bank statements and invoices. We reconcile them and keep your books up to date.
- 02
Management accounts
We prepare management accounts at the frequency you choose. Tell us which decisions they should support.
- 03
A change of accountant
Tell us the last period your current accountant completed. We plan the handover of your records around your next deadlines.
From first call to written proposal
- 1
A first call
We talk through your business, the support you need and any handover or deadline.
- 2
We agree the scope
We confirm which services you need, what you send us and what our team does.
- 3
You receive a written proposal
Read it, ask us anything, then decide whether to go ahead.
What accounting services in Malta include
Nearly every company registered in Malta must prepare financial statements, and these generally need an audit unless the company qualifies for an exemption under the Companies Act. The exemption depends on size thresholds, and we check whether your company meets them. Your year-end accounts follow IFRS, which applies to larger entities and listed companies, or GAPSME, the default for smaller entities that meet its criteria on balance sheet size, revenue and employees.
We coordinate the audit and liaise with your auditors. Approval of the accounts, usually at the AGM where shareholders also appoint the auditors, starts the 42-day filing period.
Management accounts work differently. There is no legal obligation to prepare them and no fixed format, so you choose what to follow, such as income, expenses, debtors and variances. You work with a dedicated accountant in Malta and a bookkeeper who support your monthly bookkeeping and accounting.
Who you will work with
The accountants who keep your books, prepare your accounts and answer your questions.
Roderick Galea
Accounting Director & Co-Founder
Gianluca Tanti
Head of Accounts & Business Advisory
Andrew Fenech
Questions about our accounting service
When must our company accounts be approved and filed?
A private company approves its accounts within 10 months of year-end and files them within 42 days of that approval. A longer first period or new year-end can change this.
Are management accounts the same as annual accounts?
No. Management accounts are internal reports for following performance during the year. The annual accounts are the ones that are filed.
Can you also run our payroll and VAT?
Yes. Your proposal sets out which bookkeeping, payroll, VAT, tax and audit work is included.
How are fees agreed?
Fees depend on your business and the services involved. Pricing is agreed in advance in a personalised written proposal, with no hidden charges.
Talk to us about your accounts
Tell us how your business is set up, who keeps your records today and any deadline.
You will speak with Andrew Fenech