Payroll Services in Malta

TMF Malta offers a full range of payroll services to companies that have employees in Malta and need assistance in the preparation of their monthly payroll, and any other payroll related service. TMF Malta can also assist with applications for a work or residence permit in Malta, and the registration of employees with the Employment and Training Corporation (ETC).

While each country may have its own laws, the EU Directives lay down standards with which all member states must comply. Employment and industrial relations in Malta are governed by a robust framework of legislation.

Maltese laws and regulations relating to Employment and Payroll include but are not limited to the following:

  • Cap. 452 of the Laws of Malta – Employment and Industrial Relations Act
  • S.L. 452.78 – Parental Leave Entitlement Regulations
  • S.L. 452.79 – Part-Time Employees Regulations
  • S.L. 452. 82 – Posting of Workers in Malta Regulations
  • S.L. 452.87 – Organisation of Working Time Regulations
  • S.L. 452.110 – Overtime Regulations.
  • Cap. 123 of the Laws of Malta – Income Tax Act
  • S.L. 123.126 – Highly Qualified Persons Rules
  • S.L. 123.129 – High Net Worth Individuals EU/EEA/Swiss Nationals Rules
  • S.L. 123.130 – High Net Worth Individuals Non-EU/EEA/Swiss Nationals Rules
  • Cap. 318 of the Laws of Malta – Social Security Act.

EU Directives which govern payroll services include:

  • Working Time Directive (WTD) – Directive 2003/88/EC of the European Parliament and of the Council of 4 November 2003 concerning certain aspects of the organisation of working time.
  • Data Protection Directive – Directive 95/46/EC of the European Parliament and of the Council of 24 October 1995 on the protection of individuals with regard to the processing of personal data and on the free movement of such data.
  • Acquired Rights Directive – Council Directive 2001/23/EC of 12 March 2001 on the approximation of the laws of the Member States relating to the safeguarding of employees’ rights in the event of transfers of undertakings, businesses or parts of undertakings of businesses.

We are well-versed in both Maltese and EU legislation and can help you maintain compliant.

Standard payroll services

These services include:

  • Calculation of monthly payroll; payroll can be processed monthly or weekly, based on the clients’ preference
  • Monthly calculation and payment of social security and tax contributions to the authorities
  • Preparation and distribution of payslips at the end of each payroll run
  • Payment of payroll to employees’ personal accounts, through online banking transfers. This can be offered after access is granted to the clients’ online banking. Alternatively we can pay employee salaries from TMF’s account after funds are received
  • Registration of new employees for income tax and social security purposes
  • Registration of the company for income tax and social security purposes
  • Obtaining a work or residence permit for foreigners, if needed
  • Preparation and distribution of annual payroll forms to the employees
  • Preparation and submission of the company’s annual payroll form to the authorities.

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