ARTICLE · 12 NOVEMBER 2025

Malta Audit Exemption Rules 2025

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The Maltese Government has enacted Legal Notice 139 of 2025 — the "Audit Exemption Rules, 2025", under the Income Tax Management Act (Cap. 372) (ITMA).

MaltaAccounting and Audit

Chris Armstrong

The Maltese Government has enacted Legal Notice 139 of 2025 — the "Audit Exemption Rules, 2025", under the Income Tax Management Act (Cap. 372) (ITMA). The rules introduce a structured regime of audit relief for eligible companies, thereby modifying the statutory audit obligations.

Whilst there has always been an audit exemption in the Companies Act (CAP 386) for companies satisfying certain conditions, the Income Tax Management Act (Article 19 (4)) previously required all companies registered in Malta to have their accounts audited. The Audit Exemption Rules in Malta attempt to consolidate the rules by removing this requirement.

Key Relief Streams

The framework provides three principal relief streams:

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