Audit Exemption Rules 2025

The publication of the Audit Exemption Rules, 2025 marks a meaningful update to Malta's regulatory framework for startups and small enterprises. Introduced through Legal Notice 139 of 2025, these rules aim to ease certain compliance obligations and offer targeted relief to newly established companies meeting specific criteria.

The new framework applies to accounting periods commencing on or after 1 January 2024, with the exception of Rule 6, which becomes effective for accounting periods starting on or after1 January 2025.

This summary outlines the main provisions and conditions set out under the new rules.

1. Audit Exemption for Newly Registered Companies (Rule 3)

Newly formed companies may benefit from an audit exemption for their first two accounting periods, provided the following requirements are satisfied: