Awara IT’s Malta localization for Dynamics 365 Business Central ensures strict compliance with CfR tax regulations, local VAT reporting, and EU standards.
As a strategic European corporate hub, Malta has specific financial and tax reporting requirements. Awara IT offers a fully localized, ready-to-deploy version of Dynamics 365 Business Central designed to support local enterprises and international companies basing their operations in Malta. Our solution bridges the gap between global corporate HQ standards and local statutory requirements, empowering your financial team to maintain perfect compliance while driving business growth.
Commissioner for Revenue (CfR) Alignment
This localization provides the essential tools to ensure your business meets the rigorous standards of the Malta Office of the Commissioner for Revenue (CfR). It automates the generation of complex VAT returns and statutory financial reports, ensuring your data is always audit-ready.
Key Features & Covered Functionality:
• Maltese VAT & Tax Reporting: Automated calculation and generation of VAT returns compliant with the Office of the Commissioner for Revenue (CfR). • EU Trade Compliance (VIES): Seamless tracking and reporting of cross-border transactions within the European Union. • Statutory Chart of Accounts: Pre-configured accounting structures that align with Maltese financial reporting standards. • SEPA Payments & Bank Reconciliation: Automated electronic payments and bank statement reconciliation tailored to Maltese banking formats. • G/L Correspondence & Fixed Assets: Streamlined ledger entries and asset depreciation calculations adhering to local accounting practices.