Bookkeeping Services in Malta

Professional bookkeeping services to keep your finances accurate, compliant, and well-organised.

Speak to a Bookkeeping Expert

Free consultation. No obligations.

Approved by the Malta Accountancy Board
ACCA & MIA Certified Professionals
Stress free & accurate bookkeeping solutions
Trusted by local and international clients
Personalised bookkeeping for your business

Led by

Gianluca Tanti

Head of Accounts & Business Advisory

Valentina Zammit Stojanovic

Payroll Administrator

Bookkeeping services with a difference

Running a business requires focus, yet the financial management it entails can demand substantial time and resources. Whether you’re working with outdated systems, manual processes, or currently facing limited internal capacity to keep up with the workload, our outsourced bookkeeping services offer a professional, flexible, and cost-effective way forward.

At Borg Galea & Associates, we provide reliable bookkeeping services to businesses of all sizes across a wide range of sectors. We deliver end-to-end outsourced bookkeeping services, giving you direct access to our expert warranted accountants, advanced automation, and scalable solutions that adapt to your evolving requirements.

Our Bookkeeping Services

When you are about to start your business, it is important to obtain clear guidance on how your accounting processes should be structured, including a thorough understanding of how VAT needs to be applied and treated within your business operations.

Your Benefits

Peace of mind that the correct VAT treatment is applied to all your business transactions from the initial stages of your business activities
Prevention of costly errors through a robust VAT record-keeping structure coordinated with your designated warranted accountant
Accurate and consistent VAT reporting throughout the entire financial year
Lower risk of incurring VAT related penalties
Full compliance with regulatory requirements

What is Included

Initial review and advisory on VAT obligations applicable to your business and operations, including assistance with determining the correct VAT registration category under Articles 10, 11 and 12 of the Maltese VAT Act
Assessment and determination of the correct VAT treatment for all types of transactions in accordance with the relevant provisions of the VAT Act and schedules, such as, place of supply, rates and exemptions
Guidance on VAT record-keeping and documentation requirements
Preparation and submission of periodic VAT returns, ensuring appropriate application of VAT rates as set out in the VAT Act and related schedules
Ongoing support and practical guidance to address VAT queries and maintain compliance throughout the year

Determining the appropriate reporting accounting framework that applies to your company’s size and business activities is critical to ensure that your financial statements are prepared correctly in accordance with international accounting standards and local regulations.

Your Benefits

Assurance that the financial statements provide an accurate and reliable view of your company’s financial position, cashflows and performance
Facilitates the audit process and reduces the risk of reporting errors and misstatements
Ensures consistent application of accounting policies and comparability across reporting periods, in full adherence to relevant accounting standards
Improves credibility and reliability of financial information for stakeholders
Full compliance with all legal and financial reporting requirements

What is Included

Assessment of your company’s size, business activities, and statutory reporting obligations, including a complete IFRS or GAPSME implementation
Initial accounting system set-up assistance
Preparation of financial statements in accordance with IFRS or GAPSME
Ongoing advisory to ensure continued compliance with changes in accounting standards and regulatory requirements
Periodic review of financial information to identify potential issues and ensure accurate and timely reporting

Reliable bookkeeping is key to running a healthy, stable and a growing business. While seemingly a simple task, recording all the financial transactions of a company is fundamental for financial management and reporting purposes. Keeping accurate, up-to-date, detailed records of financial transactions is essential for effective financial management.

Your Benefits

Assurance that your company’s financial records, including accounts, invoices, ledgers, and fixed assets, are accurately maintained and kept up to date
Improved cash flow oversight through regular reconciliations and monitoring of payments
Compliance with applicable reporting standards, whether IFRS or GAPSME
Reduced risk of errors and financial discrepancies
Accurate set of financial records that enable the preparation of robust management accounts, offering clear performance insights and opportunities for improvement

What is Included

Data entry of all financial transactions into an accounting software
Preparation and management of invoices
Regular account review for accuracy and completeness
Bank reconciliations to maintain accurate cash balances
VAT compliance, including calculations and reporting
Preparation of financial reports and charts for management insights

In today’s complex business world, having your bookkeeping function fully managed and outsourced to a professional accountant is essential. Our bookkeeping retainer services deliver comprehensive and consistent oversight of your financial records. With a dedicated bookkeeper handling the entire process, whether at our office, on your premises, or through a combination of both, our reliable retainer services ensure that your bookkeeping remains accurate and updated throughout the entire year.

Your Benefits

Peace of mind that your bookkeeping function is consistently managed in a professional, timely, and reliable manner
Full compliance with all legal and financial reporting requirements
Flexibility of service delivery
Clear and actionable insights to support informed management decisions
No need to recruit or train staff, as our firm provides qualified and competent accounting professionals

What is Included

Direct access to a dedicated accounting team to manage your company’s bookkeeping function on a yearly basis
VAT accounting and compliance
Implementation and adherence to IFRS or GAPSME frameworks
Ongoing review of accounts by senior accounting staff
Preparation of management and financial reports

Why Choose Borg Galea & Associates?

At Borg Galea & Associates, we understand how important accurate bookkeeping is. It is vital for the health of your business and partnering with a competent and professional accountant ensures that it is done right the first time.

Real-time and flexible financial reporting

Our firm offers advanced management and financial reporting, allowing businesses to monitor their finances more closely. Clients benefit from instant access to relevant financial data, enabling quick decisions and effective trend analysis.

Cloud-based bookkeeping solutions

We provide cloud-based bookkeeping solutions, offering secure, remote access to all accounting records in real time.

Comprehensive one-stop-shop services

We integrate bookkeeping with payroll, tax compliance, financial advisory, and audit services. This reduces complexity and delivers greater value across all core business functions.

Experienced team of accounting professionals

Our warranted professionals have extensive experience across various sectors, including gaming, financial services, maritime, and yachting. This expertise enables clients to receive tailored guidance for complex and regulated business operations.

Custom solutions and scalability

We deliver tailored bookkeeping solutions with clear, transparent communication. Our flexible service model accommodates organisations of any size, allowing clients to adjust the scope of support as required.

Your deadlines matter to us

Our team monitors compliance requirements and reporting deadlines, ensuring timely and consistent bookkeeping to support VAT, tax, financial statements, and all statutory filings. This proactive approach helps businesses avoid fines and penalties.

Cost efficiency

We apply a cost-effective, transparent billing system aligned with the level of activity within your company, making us an ideal partner for both startups and established organisations.

Competent team of professionals

You gain access to a competent team of warranted accounting professionals who provide reliable, insightful financial guidance tailored to your needs.

No hidden fees

Our pricing is clearly outlined, with no hidden charges or unexpected fees, helping clients manage financial planning with full visibility.

Advanced accounting technology

We continuously invest in modern accounting software, giving clients secure, remote access to their financial data. This supports convenience, data security, and operational efficiency for businesses of all sizes.

Need Reliable Bookkeeping Support?

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Frequently Asked Questions

Any business owner should know the difference between bookkeeping services and accounting services. Bookkeeping services is the term generally referred to recording raw data in an accounting system. It is a function of accounting services but should not substitute other services.

As an initial step, the bookkeeping function of your company, which forms part of the wider accounting function, is fundamental to making informed business decisions. Ensuring that all financial transactions are recorded correctly and accurately is the first step towards maintaining regulatory compliance and safeguarding the smooth and efficient running of your company. This process involves effective and ongoing financial management, together with the implementation of key accounting tasks and procedures that must be carefully followed.

Borg Galea & Associates supports a wide range of businesses, including startups, SMEs, multinational groups, and companies across various industries, including regulated sectors such as iGaming, maritime, and financial services. Our services are tailored to each client's size, sector, and compliance requirements, often integrating bookkeeping with VAT, payroll, tax, and statutory obligations to provide a comprehensive solution.

Outsourcing bookkeeping removes the costs and responsibilities of hiring, training, and managing in-house staff. Clients gain access to experienced professionals who maintain accurate records, prepare management accounts, and ensure timely compliance filings, allowing businesses to focus on core operations while receiving reliable financial information for planning, audits, and banking purposes.

Our bookkeeping team manages all core bookkeeping functions, including the recording of financial transactions in an accounting software system, day-to-day transaction processing, cash flow monitoring, preparation of financial records for tax filings, and the processing of any other related process which might be required.

Yes, our firm offers a transparent bookkeeping billing system aligned with the level of activity within your company, enabling clients to receive effective bookkeeping services at realistic and pre-agreed fees.

Yes. We handle the preparation and submission of quarterly VAT returns, ensuring full compliance with all statutory deadlines applicable to your business.

You may complete the below forms online. Once submitted, we will review your application promptly and contact you to arrange a complimentary meeting to discuss your requirements and situation in further detail.

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Discuss Your Bookkeeping Requirements

Schedule a free initial consultation, kindly submit your information via the form and one of our experts will get in touch with you within one business day. Alternatively, do not hesitate to give us a call on +356 2703 7012 or just send us an email on info@borggalea.com.

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