Country pack
communityMalawi
Ekwo is free, open source accounting software. Its Malawi pack carries the chart of accounts (Malawi reference chart of accounts, 147 accounts), 2 tax rates in MWK, the periodic return (Monthly Value Added Tax return, 15 boxes), and the financial statements (Statement of financial position, Statement of profit or loss). Last checked on 2026-10-22 against 6 texts of law and official sources.
- Country code
MW- Currency
MWK- Pack version
0.2.0- Last checked
- 2026-10-22
What the pack carries
- Charts of accountsWhat a company installs, and who each chart is published for.
default(default) — 147 accounts, for companies
- TaxesHow many the pack carries, at which distinct rates, and which treatments it can express.
- 10 taxes at rates of 0, 17.5
domestic,exempt,export,foreign_services_received,import - Periodic declarationThe form the accounts are read into, the cadences it is filed on, and how many boxes it has.
MW-VAT-RETURN— 15 boxes, filed month
- When it is dueA rule of the country, not a date. A pack that cannot state its rule states nothing.
- day 25 of the month after the period
- The file it is deposited asThe brick of packages/formats that writes it, where one exists.
- filed by hand on the administration’s portal
- Electronic invoicingThe profile the country imposes, the day it starts, and the text that imposes it.
- no profile — no obligation in law
No Malawian text this pack could open obliges a business to exchange a structured electronic invoice with another business in the sense Ekwo's vocabulary gives the word: there is no Peppol authority, no published profile and no scheme a party is addressed by, so `profile`, `party_scheme` and `vat_scheme` are null and `obligation` is `none`. What Malawi has is a clearance system run by the Malawi Revenue Authority: s. 25 of the Value Added Tax Act (2014 consolidation) requires an electronic fiscal device generated tax invoice or a prescribed tax invoice, and the Authority runs an Electronic Invoicing System (EIS) with a point-of-sale management portal that replaces electronic fiscal devices. The Authority's own notices on the EIS (start date, who must use it, penalties) could not be opened; trade commentary reports a transition ending on 31 January 2026 and mandatory use from 1 May 2026, which this pack does not rely on. That is real-time clearance with the tax administration and not a peer-to-peer exchange; the gap is recorded in docs/international.md and in this pack's README, and the socle is not patched to fit it.
- Where the tax balance landsThe accounts a filed declaration settles to, by role.
- payable
2110 - receivable
1155
- payable
- Bank statementsThe formats this country’s banks send, and whether anything here reads them.
- no format named
- Payment filesThe formats the country’s banks accept for an outgoing payment.
- no format named
- Financial statementsThe schemes the chart reports on, and the taxonomy their keys are written against.
MW-IFRS-SFP— 32 linesMW-IFRS-IS— 10 lines
- Who has read itA pack is reviewed when a named professional has read it against the law, and never before.
communityno named reviewer6 sources cited- Last checked against the lawThe most recent day somebody opened one of the texts the pack was built from.
- 2026-10-22
- Pack versionWhat this pack calls itself, the day it says its transcription is true, and the languages it publishes.
0.2.0— published 2026-10-23en
Free, and operated
Where the open core stops.
The line is operational, not functional. Everything that keeps working on its own is open core; what needs credentials, a certificate or a channel somebody keeps running is the hosted edition.
MW-VAT-RETURNdeclarationFree, for everComputed from the ledger, frozen box by box, filed by hand on the administration’s portal, and what it owes is carried to 2110. The deposit number and the administration’s own words come back into your own database.
OperatedTransmission: the credentials, the certificate and a channel somebody keeps running. The return stays yours.
What it was built from
6 sources — the law this pack was read against
- Value Added Tax Act, Chapter 42:02 of the Laws of Malawi, consolidated to 31 December 2014: ss. 7, 8, 9, 11, 20, 21, 22, 25, 30, 34 and the First and Second Schedules
Parliament of Malawi, published by MalawiLII (Laws.Africa) · law · read 2026-10-22
- Public Notice — New tax measures for the mid-year budget review: the VAT rate increased from 16.5 % to 17.5 %, effective 30 December 2025
Malawi Revenue Authority · guidance · read 2026-10-22
- Understanding VAT — the standard rate, the First and Second Schedules, tax invoices, imported services, the 25th-day deadline and the offences of the VAT system (brochure of 2017-2018, rate and threshold since changed)
Malawi Revenue Authority · guidance · read 2026-10-22
- Malawi Revenue Authority — the tax administration's site, where taxpayers register, file and pay
Malawi Revenue Authority · portal · read 2026-10-22
- Electronic Invoicing System (EIS) portal — the point-of-sale management portal of the real-time invoicing system that replaces electronic fiscal devices
Malawi Revenue Authority · portal · read 2026-10-22
- IFRS Standards — Application around the world, Jurisdictional Profile: Malawi (ICAM adopted IFRS in 2001 and IFRS for SMEs afterwards; the Public Accountants and Auditors Act 2012 gives ICAM the authority to adopt standards)
IFRS Foundation · guidance · read 2026-10-22
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