Malta Company
Malta Company Formation & Incorporation
The process of company formation
and incorporation in Malta is set out by The Malta Companies Act which is
modelled on its UK counterpart. Maltese business owners can therefore enjoy a
simple, straightforward Malta company incorporation procedure. When a Malta
business is formed, the company may be registered within a day of receiving all
required Maltese company documentation, information and funds from the Registry
of Companies in Malta.
There are numerous financial and
operational benefits associated with registering a business in Malta. If you’re
a Maltese business director, or are considering the formation of a Malta
registered company, read on to find out just what to expect from your swift and
smooth business incorporation process:
Requirements & Restrictions of company formation and incorporation
in Malta
Malta
company law does not impose any restrictions on the nationality and
residence of the shareholders and directors of a Maltese business, or that of
the company secretary. Furthermore, provided the business operation in question
is legal, there are no restrictions on the types of activities that a company
in Malta can carry out following its successful registration and incorporation.
However, the activities of certain Maltese businesses may be regulated by local
authorities such as the Malta Financial Services Authority (MFSA) or the Malta
Lotteries and Gaming Authority (LGA).
The Maltese Companies Act states
that the minimum share capital of a company registered in Malta is €1165. At
least 20% of this must be paid upon subscription, and deposited in a bank
account under the name of the Malta registered business.
Directors
When forming a Maltese registered
business, bear the following conditions in mind:
A Malta company is required to
have at least one director, who may also act as the company secretary in
certain cases.
It is possible for a body
corporate to act as the director of a Malta business, although the role of
company secretary must be filled by an individual.
Maltese business laws also state
that an individual can be both a company director and shareholder.
Shareholders
For successful Malta company
formation and incorporation, Maltese law generally requires that a business has
at least two shareholders; however, it is possible to successfully register a
Maltese company with only one shareholder provided the company fulfils certain
conditions. Shareholders in Maltese businesses can be either individuals or
corporate bodies, and it is possible for the shares in a Malta company to be
held by an authorised fiduciary, thereby keeping the identity of the beneficial
owners fully confidential. A Maltese company is also required to hold a
members’ Annual General Meeting (AGM) at least once every year.
Auditing
A registered Malta company is
required by law to submit an annual return to the Registrar of Companies, and
to have all annual financial statements audited.
Company Tax
Malta also offers a very
attractive tax system that can be highly beneficial to companies registered in
the country. to download our comprehensive fact sheet on For a Malta company
formation process that is quick and straightforward, turn to EMD’s group of
Maltese business experts. EMD’s Malta business experts can advise and assist
you with your Malta company incorporation procedure, so you can be sure of
meeting the legal requirements for successfully establishing a Maltese company
and becoming a Malta business owner.
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