PKF Malta - Local Expertise - Global Reac

PKF Malta is a fast growing, progressive firm that will meet the technical standards that your organisation expects. As a member of PKF International, we provide accounting and business advisory services to their prestigious clients.

firm was founded by George M. Mangion with the help of the other partners in 1995. As a member of PKF International, we provide services to a list of prestigious clients and have always enjoyed an excellent reputation which stems from our dedication, professionalism and enthusiasm to serve our clients. Our credentials are well valued by the Government and its departments, in particular, the Inland Revenue, the VAT Department, the Malta Chamber of Commerce as well as the commercial sector in general. PKF International is, a network of independent firms of accountants and business advisors with more than 440 offices in over 125 countries. Presently, PKF Malta also includes a number of professionals and graduates in accounts, economics, law and finance, with the support of a small but dedicated administrative staff team.

Our team includes qualified staff in management, auditing, accounts, statistics, mathematics, operations research, insurance, marketing, law and international relations. PKF Malta is tailored to tackle particular characteristics and the complexity of any assignment.

When you engage PKF Malta, you can be confident that the work will be carried out by dedicated experienced professionals. We know the importance of having teams who specialise in their service area and who have real sector experience. Each team is led by a partner or leader who will deal with you directly and be your regular point of contact, so you can get progress updates with a single phone call. Timely delivery will be on our primary objectives. Whatever project we undertake we try to avoid or mitigate delays wherever it is in our power to do so.

PKF Malta recognise that business issues are not always easy to define and may not fit neatly within a single category. This is where PKF’s holistic approach becomes most valuable. The wide range of services we offer is only a starting point, not an exclusive list. We prefer to ask you what you want to achieve, and then help you to achieve it by drawing on whichever lines of our expertise are appropriate. Teams in different service areas are accustomed to working together to solve problems, complementing one another’s skills to provide one integrated service. Our core values are passion, team work, clarity, quality and integrity.

We believe in giving teams the same encouragement as the individuals within them. We pursue a philosophy of shared responsibility and shared success. We encourage exceptional talented individuals, but exceptional teamwork is what makes us stand out. Our culture of mutual support creates the positive atmosphere that clients experience when they work with us. It also means that the quality of our work does not depend on a handful of key individuals and strengthens rather than diminishes over time.

PKF Malta - Local Expertise - Global Reach

Team leaders and staff are familiar with the objectives and specific requirements of every task that is undertaken to ensure that deadlines are met. We understand that rigorous risk assessment is at the heart of our methodology and is reflected in how we plan and conduct the fieldwork. This lead to audit reports which are fully and transparently corroborated with evidence and capable of withstanding challenge from auditees or external authorities. We deliver in a way that causes minimal disruption, so that you can continue to focus on your regular activities. At all times you can keep up to date while knowing that your business is in safe hands.

Auditing is the main activity of our firm and consists in operation of company financial audit and tax consultancy in compliance with the company development trends. We also provide full nominee and fiduciary work via our licensed company PKF Fiduciary International Limited. The firm assists the client in everyday operations providing updates of law changes, as well as advice in the IFRS area. The assistance includes international tax planning, formation of International trading companies & international holding companies, specialising in international betting operations, and applying for Aviation AOC Licences. In regards to the other kind of services we offer they include due diligence and valuations, management buy-outs and raising finance.

The Company has an insurance team providing specialised services to the insurance industry. Licensed by the MFSA as an approved auditor in carrying out external audits to insurance companies and insurance intermediary companies. It works closely with specialised service providers within the local industry to cater for client’s needs including set-up arrangements. Being an integrated member firm of PKF International, it also works closely with foreign offices to deliver specialised technical solutions to the local insurance industry.

At PKF Malta we have a team of trained and experienced accountants who can visit the client’s premises on a regular basis to update financial records and prepare payroll, periodical management accounts and cash flow forecasts as required. Our general practice department offers accounting services on a regular basis and looks after secretarial matters. We handle payrolls, VAT returns, regulatory fees and all other areas of the accounting function and deliver monthly reports, annual financial statements and taxation reports.

In regards to our consultancy offering we analyse and evaluate companies in relation to their industry and business environment and assist you in developing long-term strategies and systems to help you build your business. Our consultancy focuses on business planning, cash management, coasting systems, production and stock management and project appraisals.
PKF Malta is a fast growing, progressive firm that will meet the technical standards that your organisation expects. As a member of PKF International, we provide accounting and business advisory services to their prestigious clients.

We have also provided a number of feasibility studies and cost benefit analysis to different government entities and has also undertaken research out of its own initiative. Examples of consultancy services provided through feasibility studies, include reports issued for the Ministry for Home Affairs and National Security, Ministry for Tourism, Transport Malta and Karen Grech Hospital.
PKF Malta with the support of FinanceMalta, Bee Insurance Management and a line of esteemed speakers, hosted a Captives event in New York on the 29th of March 2016. This event was one of a series of events in the PKF Malta calendar in the aim of promoting Malta as a domicile of choice for captives. This insurance summit had the aim of encouraging US Companies to host their European Captives in Malta, what it entails, how to survive FACTA and SRS, what they should look out for and finally what the advantages would be for them to consider Malta.

This event was well received and attracted a gathering of insurance consultants, insurance managers and service providers in the field. The event served as a catalyst in having Malta in the equation, when the likes of insurance mangers propose domicile choices for their multinational clients. This was the first initiative of its kind organised by a Maltese contingent in New York as a Malta specific event. We are pleased that the event created interest from large captive managers the likes of AON, JLT Marsh and R & Q. In attendance were industry service providers providing technology solutions to the likes of Verisk Insurance Solutions, Intra links and Rante.

The momentum generated by the first event, encouraged us to continue our efforts in promoting Malta as a domicile of choice for European Captives. As a company, PKF Malta think it is important to maintain momentum and so we decided to attend a Captive Owners summit organised by Captive Review in New York. FinanceMalta being at the forefront to stimulate investment concerns this initiative helps Malta remain a compelling proposition for prospective investors seeking to establish or extend their footprint in Europe. The New York Captive Owners summit is a highly exclusive learning and networking event tailored for captive America’s leading captive owners.

Here at PKF Malta, we endeavour to provide our clients with the right combination of skills, experience, statistical methodologies and programmes to deliver the assurance and support their need. We are committed to providing client service of the highest standard. Professional staff proposed for respective projects are closely involved throughout the work process and provide a main source of continuity. A number of key experts enable delivery of all the objectives in a timely manner.

Looking ahead to the future, the aftermath of the BREXIT and possible ramifications this will have on the insurance market is an unravelling phenomenon and one we will need to look out for. However, it is early days to speculate how this can effect Malta and other EU members. The trend at industry level is already beginning to demonstrate this, with the likes of companies in Gibraltar, being a dependent territory of the UK, seeking alternative domiciles, to ready themselves on possibly losing EU passporting rights. Nonetheless it is still an early stage and until or if Britain invokes Article 50, events are impossible to predict for certain.

Company: PKF International
Name: George Mangion
Email: gmm@pkfmalta.com
Web Address: www.pkfmalta.com
Address: PKF Malta, 35 Mannarino Road, Birkirkara, BKR 9080, Malta 
Telephone: : 356 21484373

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