Public Country-by-Country Reporting Requirements (Public CbCR) Now in Force

The provisions implementing Directive (EU) 2021/2101 on the public disclosure of income tax information by certain undertakings and branches have come into effect in Malta through Act XVIII of 2024, which introduced Articles 213B, 213C, 213D and amendments to the Fourth Schedule to the Companies Act (Cap. 386 of the Laws of Malta).

The requirements apply to accounting periods commencing from 22 June 2024 onwards. In-scope entities are required to prepare and publish a Public Country-by-Country Report ("Public CbCR Report") within 12 months of the balance sheet date of the relevant financial year.

Accordingly, entities falling within scope for financial years ending during 2025 will be required to submit their first Public CbCR Report in 2026.

A Public CbCR Report must be filed electronically with the Malta Business Registry via email at cbcr.mbr@mbr.mt and submitted in XHTML format with Inline XBRL (iXBRL) tagging, in accordance with applicable EU requirements.

The reporting entities remain responsible for ensuring the completeness and accuracy of the information reported, compliance with legal obligations, correct XHTML/iXBRL tagging, and timely submission of reports.

For more information kindly refer to this Guidance Document.