Solution · Malta 2026
Accounting — Powered by Xero
FreeMalta's accounting solution for Malta companies. VAT returns, invoicing, payroll integration, bank reconciliation — all in one place. And right now, 95% off for your first 6 months.
95%off
Limited Time · FreeMalta Offer
95% off Xero for your first 6 months
New customers only. No coupon code needed — discount applies automatically when you sign up through the FreeMalta link.
Current offer
95% off
first 6 months
Bank connections
21,000+
global banks
App integrations
1,000+
Wise, Deel, Stripe…
VAT support
Malta
EU VAT compliant
Xero Core Accounting
Foundation
The accounting engine that runs your Malta company's books. Bank feeds update automatically, transactions categorise intelligently, and your profit & loss, balance sheet and cash flow are always current — not just at year-end.
Automatic bank feeds — connect your Malta bank or Wise Business
Smart transaction categorisation with AI suggestions
Real-time P&L, balance sheet and cash flow reports
Multi-currency — holds and reports in 160+ currencies
Share access with your accountant — no file sending
VAT & Tax Management
Malta compliant
Malta VAT at 18% on most goods and services, with reduced rates and exemptions across sectors. Xero handles Malta VAT correctly — quarterly VAT returns prepared automatically, EU cross-border VAT rules applied, reverse charge mechanism supported.
Malta VAT rates (18%, 7%, 5%, 0%) pre-configured
Quarterly VAT return preparation — one-click export
EU reverse charge for B2B cross-border services
EC Sales List (ESL) reporting for EU VAT-registered sales
VAT reconciliation against bank payments
Invoicing & Expenses
Client billing
Professional invoices in your brand, sent directly from Xero. Client clicks pay — Stripe, GoCardless or direct bank transfer. Expenses captured on your phone, approved in seconds. Everything flows back into your books automatically.
Branded invoice templates — your logo, your colours
Online payment links — Stripe, GoCardless, direct bank
Automatic payment reminders — set and forget
Expense claims via mobile — photo receipt, done
Purchase orders, quotes and bills — full procurement cycle
The FreeMalta Stack — How It All Connects
Every FreeMalta recommended tool integrates directly with Xero:
Wise Business — Direct bank feed. All transactions sync automatically. Multi-currency reconciliation.
Deel — Payroll journal entries sync to Xero. No double entry, no spreadsheets.
Stripe — Every payment and payout syncs automatically. Fee reconciliation included.
Payoneer — Export transactions to Xero via CSV or third-party connector.
Xero Plans — With 95% Off for 6 Months
All plans include the 95% discount for new customers through FreeMalta's link.
Starter
~€29/mo
€1.45/mo
95% off × 6 months
20 invoices · 5 bills · bank reconciliation
✓ Invoicing
✓ Bank feeds
✓ VAT returns
✓ Mobile app
✓ Bank feeds
✓ VAT returns
✓ Mobile app
Standard
~€47/mo
€2.35/mo
95% off × 6 months
Unlimited invoices & bills
✓ Everything in Starter
✓ Unlimited invoicing
✓ Expense claims
✓ Project tracking
✓ Unlimited invoicing
✓ Expense claims
✓ Project tracking
Premium
~€62/mo
€3.10/mo
95% off × 6 months
Multi-currency + analytics
✓ Everything in Standard
✓ Multi-currency
✓ Analytics Plus
✓ Xero Expenses
✓ Multi-currency
✓ Analytics Plus
✓ Xero Expenses
Prices shown are approximate EUR equivalents. Xero pricing in GBP/USD — check xero.com for current pricing in your region.
Who is Xero for in Malta?
New Malta company
Just formed your LLC? Get accounting right from day one. At 95% off for 6 months it costs almost nothing to start — and the habits you build now save you a painful year-end cleanup.
Working with a Malta accountant
Most Malta accountants are already on Xero. Give them access to your file — no emailing spreadsheets, no year-end data collection. They log in and everything's there.
iGaming or tech company
Multi-currency transactions, Stripe payments, Deel payroll — Xero connects to all of them. Your finance team gets real-time visibility without manual data entry.
Freelancer / sole trader
Invoicing international clients, tracking expenses, filing a VAT return quarterly — Xero Starter handles all of this without needing an accountant for daily tasks.
95% off for 6 months. No code needed.
New customers who sign up through FreeMalta's link get 95% off Xero for the first 6 months automatically. The discount applies at checkout.
FreeMalta affiliate link — we may earn a commission at no cost to you.
95% off
Xero — First 6 months
New customers only. Automatic — no code needed. Sign up through FreeMalta's link.
Claim 95% off →
Affiliate link · No extra cost to you
Already have a Malta accountant?
Ask them: "Are you on Xero?"
Most Malta accountants and auditors are. If yours is, you can give them accountant access directly — they see everything, you keep control. No more emailing bank statements and spreadsheets before year-end.
Most Malta accountants and auditors are. If yours is, you can give them accountant access directly — they see everything, you keep control. No more emailing bank statements and spreadsheets before year-end.
Need to run payroll too?
Deel integrates directly with Xero.
Deel
Context
Why Accounting Software Matters More Than You Think
The Malta Year-End Problem
Most small Malta company owners do nothing with their books for 11 months, then panic in December. The result: high accountant fees for data reconstruction, missed VAT reclaims, and tax positions that could have been managed better. Xero turns this into a weekly 15-minute task rather than an annual crisis.
Xero vs QuickBooks in Malta
Both are widely used in Malta. Xero tends to be preferred by international businesses and accountants dealing with multi-currency operations. QuickBooks is more common in retail and hospitality. If your accountant has a preference, follow their lead — the software you'll actually use is the right one. Both handle Malta VAT correctly.
Do I Need an Accountant If I Use Xero?
Yes — for Malta-specific requirements. All Malta companies must file audited financial statements annually. That requires a licensed Malta auditor regardless of what software you use. Xero makes your accountant's job faster and cheaper — but it doesn't replace them. Think of it as reducing your accountant's hours, not eliminating the relationship.
FreeMalta's Position
FreeMalta doesn't provide accounting services. We recommend Xero because it's the accounting platform that integrates best with the rest of the FreeMalta stack (Wise, Deel, Stripe) and is already used by most Malta accountants. The 95% off offer is available through our affiliate link — we earn a commission when you sign up, at no cost to you.
Frequently Asked Questions
How do I get the 95% off Xero offer?
Sign up through the FreeMalta link on this page. The discount applies automatically — no coupon code needed. New customers only. You'll get 95% off your chosen Xero plan for the first 6 months, then the standard monthly rate applies. The offer is available for a limited time.
Does Xero handle Malta VAT correctly?
Yes. Xero supports Malta's VAT rates (18% standard, 7% accommodation, 5% food/medical, 0% exports) and generates quarterly VAT return reports. It also handles EU reverse charge for cross-border B2B services, EC Sales List reporting, and VAT reconciliation. Your accountant or VAT agent will still need to submit the return to the Commissioner for Revenue, but Xero does the preparation automatically.
Can I connect my Malta bank to Xero?
Yes, most Malta banks connect via bank feed. BOV, APS and BNF all support Xero bank feeds. Wise Business has a direct native integration. If your bank doesn't support automatic feeds, you can import statements via CSV. Bank reconciliation is one of Xero's strongest features.
Do Malta accountants use Xero?
Many do. Xero has strong adoption among Malta accountants, auditors and bookkeepers — particularly those working with international businesses and iGaming companies. When you give your accountant access to your Xero file, they can work directly in the platform. No more emailing bank statements, spreadsheets or boxes of receipts.
Does Xero integrate with Wise Business and Deel?
Yes to both. Wise Business has a native direct bank feed integration with Xero — all transactions sync automatically. Deel integrates with Xero for payroll journal entries — salary costs, SSC contributions and COLA adjustments post automatically to your books. These integrations are why FreeMalta recommends all three tools as a combined stack.
Does FreeMalta earn commission from Xero?
Yes. FreeMalta has an affiliate partnership with Xero. When you sign up through our link, we earn a commission at no additional cost to you. The 95% off offer is an incentive Xero provides to new customers through its referral programme. We recommend Xero because it's the accounting solution that works best for the Malta companies and individuals on our platform.