Malta
Malta is one of the 27 Member States of the European Union.
Basic VAcTs
| Latest update | 01.06.2024 |
| Country ISO Code | MT |
| EU Member State | Yes |
| VAT Rates | |
| Standard VAT Rate | 18% |
| Reduced VAT Rate | 5% |
| Special Reduced VAT Rate |
7% + 12% |
| VAT Compliance | |
| Standard VAT Return filing period | 3-Monthly |
| Standard VAT Return filing deadline | 15th day of the second month following the filing period |
|
VAT Representation required for non-resident |
Yes, mandatory for non-EU businessesNo |
| Record retention period | 6 years |
| Electronic invoicing | Not mandatory for B2B transactions |
| Real-time reporting | n.a. |
| Special Rules | |
| General domestic reverse charge for domestic supplies of goods by non-resident businesses? |
No |
| Other domestic reverse charge mechanisms? | No |
| Postponed Accounting on Import | Yes, with authorisation |
| VAT Grouping possible? | Yes |
| VAT Refunds for non-EU businesses? | Reciprocity is required, but in practice, this is not applied. * |
| Remarks | |
| Link to VAT Law | HERE |
| Remarks | * No refunds are granted to non-EU-established persons under conditions that are more favorable than those applied to EU-established taxable persons and on supplies made by a non-EU established person where its business would by its nature be treated as exempt without credit had the business been carried out in Malta |
Here's an overview of the latest VAT news for this country.
