At Nexia BT, we offer a solution to your human resources and payroll management, allowing you to free your schedule from such administrative tasks and focus on the projects that add value and effectiveness to your business.
Our team of trained professionals is focused on easing discussions about complex payroll issues with competent local authorities. By fulfilling all your business’ payroll needs, a complex and time-consuming task is made simple and efficient by our team of experts. We maintain high levels of data security that ensures that your data is protected.
We understand that trust is the name of the game. By choosing to work with us, you are assured that your business is managed by experienced professionals dedicated to processing your payroll efficiently and confidentially, at a top-level standard and in full compliance with tax legislation.
With new mandates regularly being enforced, we stay abreast of the latest legislation and statutory requirements, through constant internal and external training. By leveraging our strategic knowledge and practise in this field, Nexia BT can guide your business to realign its practices and processes with the corporate vision to create a holistic approach.
Collection and input data and periodic changes;
Handling joiners, leavers or any changes to employees, remuneration, hours, benefits, etc
Managing the payroll and calculate employees’ salaries;
Providing employees with computed printed payslips or send monthly payslips electronically;
Arranging the net salary payments to each employee’s bank account;
Submitting the monthly statutory reports and manage the settlements of any resultant dues;
Submitting the director’s tax return, individuals’ provisional tax and national insurance; and
Preparing year-end payroll reporting procedures.
Additionally, our team can assist in defining your human resources targets and in achieving them. Our services encompass:
Compiling the necessary employment forms for new recruits and terminated employees
Preparing employment license applications
Maintaining personal files
Handling all communication with competent authorities
Resolving questions as they arise
Reporting issues by exception
Recording vacation leave and any other absence such as maternity, sick, etc
Keeping you updated with the latest employment legislation and related tax updates
Assisting with a net of tax payroll calculations
Advising on fringe benefit considerations and calculations of the relevant tax impact
Assisting employees with children allowance applications
Guiding you on pension queries.
Foreign workers intending to work and reside in Malta are required to have the proper visas and work permits. Any third-country national (Non-EU Citizen) must be in possession of an employment licence (Work Permit) before being able to work in Malta. It is to be remarked that in 2014, as a result of the publication of Legal Notice 160 of 2014, the authorisation for Third Country Nationals to work in Malta is now conducted by means of a Single Permit Application. This application is aimed at third-country nationals who wish to both reside and work in Malta. As a result, the relevant authorities produce a single document which is commonly referred to as the e-Residence card.
Any EU/EEA/Swiss citizen has the right to enter, remain and reside in Malta. When an individual intends to reside in Malta for a period longer than three (3) months, he is obliged to apply for an e-Residence card.
Nexia BT provides assistance to both individuals seeking to obtain a single permit and companies which decide to relocate to Malta. Throughout the years, we have assisted various clients ranging from private clients, families, and corporations with their relocation transition.
Learn more about Malta Work Permits here.
Nexia BT offers local & global expertise as a result of a well-connected tax practice network.
We offer personalised services catered to each organisation on how to best comply with the GDPR.
We can provide the right insight to deliver the planned result both in the short and long-term perspectives.