Directorship & Key Official
We are able to provide directors for companies registered in Malta ensuring the company's effective management and control in Malta. Our experienced directors ensure that the company operates in compliance with Maltese law and regulations.
Gaming companies must also have a key official in Malta who can be described as the guardian of the licence. The Lotteries & Gaming Authority introduced this concept in order to ensure that games are fair and correct.
The Key Official must be:
| • |
resident in Malta; |
| • |
a director of the gaming company; |
| • |
familiar with IT systems and laws and regulations governing remote gaming; |
| • |
knowledgeable of gaming operations. |
The Key Official is appointed by the licensee, and is entrusted with a number of responsibilities:
| • |
Primary contact with the LGA. In fact, the LGA recognises only the Key Official as the liaison with the licensee; |
| • |
Responsible for paying the gaming tax on time; |
| • |
Assists the LGA in the certification process and in any investigation; |
| • |
Ensures that all games are fair and correct and that the remote gaming system is well kept and maintained; |
| • |
Ensures compliance with Maltese laws and applicable EU directives at all times; |
| • |
Reports to the LGA (monthly and on an ad-hoc basis on any changes). |
Accounting & Payroll
We offer a range of accounting services that can be customized to your needs. We pay special attention to the reporting requirements the Malta Lotteries & Gaming Authority has established for gaming companies and ensure that you comply with all policies and regulations issued by the local financial authorities and institutions.
We have a dedicated group of professionals prepared to support you and your business in all accounting functions such as:
| • |
Bookkeeping |
| • |
Preparation of Financial Statements |
| • |
Liaising with external auditors |
If you have employees in Malta, we can also manage your payroll. We offer a complete service that will save you time.
Our payroll services include:
| • |
Provision of contracts, |
| • |
Completion of employment forms for employees and employers, |
| • |
Preparation of payroll and pay slips, |
| • |
Payments to the Inland Revenue. |
|