In regard to fiscalization, this country has implemented a hardware-based approach.
In general, fiscal cash registers must be approved but there is a possibility to get exemption from the obligation to use cash register. The process is carried out by the Malta Competition and Consumers Affairs Authority. Once a registered auditor is satisfied that the cash register complies with the requirements specified in the VAT Act, he will issue an audit report which is to be sent to the VAT Department with a technical certificate issued by the supplier of the POS system.
Source Jadranko Terzic
Latest Posts in "Malta"
- Online VAT Registration Rectification Service Now Available
- Malta Fiscalization System and Registration Process Overview
- PN says catering sector backs proposed 7% VAT cut
- Official Methods for Issuing Fiscal Receipts in Malta: Cash Registers, POS Systems, or Receipt Books
- Malta’s Fiscalization: Penalties for Non-Compliance with Fiscal Receipt Requirements and MTCA Enforcement
