Below are some factors to consider while employing your remote team in Malta. An employer of record in Malta will be able to help with any additional information.
Overview | |
Continent | Europe |
Country | Malta |
Time zone | UTC+01:00 (CET) |
Total Time zones | 1 |
Working hours per week | 40 |
Working week | Monday–Friday |
Typical hours worked | 8 |
Personal Tax filing deadline | By the end of June. |
Financial Year | NA |
Capital | Valetta |
Date format | dd/mm/yyyy |
Currency | Euro (EUR) |
VAT | the standard rate is 18% |
Contributions | |
Employers | % of Gross Salary |
Social Security | Social Security - 10% |
Total Employment Cost | Total Employment Cost - 10% |
Employees | % of Gross Salary |
Social Security | Social Security - 10% |
Total Employee Cost | Total Employee Cost - 10% |
Minimum Wage | |
Minimum Wage | The minimum wage in Malta is 181.08 EUR per week. |
Payroll | |
Payroll Cycle | Monthly |
13th Salary | Not required by law. |
Income Tax | |
Employee Income Tax (1) | Less than 12,700 EUR - 0% |
Employee Income Tax (2) | 12,701 - 21,200 EUR - 15% |
Employee Income Tax (3) | 21,201 - 28,700 EUR - 20% |
Employee Income Tax (4) | 28,701 - 60,000 EUR - 25% |
Employee Income Tax (5) | Over 60,000 EUR - 35% |