Malta

Company formation in Malta is associated with many financial and operational benefits. Malta offers a favourable tax regime which is surely one of Malta’s strengths and assets as a financial centre. The Maltese tax system is approved by international institutions and offers the lowest implicit tax rate on labour in Europe. This is why Malta has gained popularity. In addition to this, the Maltese islands also offer a safe and regulated jurisdiction, making it ideal to invest and start up your new business.

Malta provides the stability of a highly advantageous tax system that has been in place since 1948 that has been approved by the EU. Malta operates a full imputation system under which companies are taxed at a rate of 35%; however they are entitled to claim tax credits which can potentially result in an effective tax rate between 0% and 10%.

Company formation and incorporation process in Malta is set out by the Malta Companies Act, regulated by the Malta Financial Services Authority (MFSA). This incorporation process is simple and straightforward.

Registration of the company can be done within two to three days after all required documentation and information is received by our team.


Malta Company Formation

Key Questions


Are there any restrictions on the Malta company activities?

There are no restrictions; however, some activities such as gaming and financial services in Malta will require a license.

What information is held on public record in Malta (e.g. shareholders, directors, secretary, financial statements, mortgages and charges, etc.)?

The information includes the details of all the parties involved including their identity number, nationality, and residential address. Financial statements can be bought by anyone who has an account with the Maltese Authority. On the other hand, anything related to financial matters such as mortgages and bank statements are not made available to the public.

What is the minimum number of shareholders when a person opens a Malta company?

One. It can be an individual or corporate shareholders (both are allowed) in Malta.

Are corporate shareholders allowed?

Yes.

What is the minimum number of directors accepted?

One.

Are local (Maltese resident) directors required?

No, but it is advisable to appoint a Malta director if you want to confirm effective management and control in Malta. This will depend on the setup.

Are there any restrictions as to the directors’ place of residence?

No. Any Maltese or non-Maltese resident can be a director of a Malta company.

Are corporate directors allowed in Malta?

Yes, as long as the company has more than one shareholder. In that case, we put a second shareholder with one share having no voting rights and no rights to dividends.

Is a company secretary mandatory?

Yes, the company secretary can also be the director or shareholder themselves as long as they are a physical person and not a corporate secretary.

Are there any conditions of appointment of the Malta company secretary (e.g. qualifications, residence)?

No.

Is a corporate secretary possible in Malta?

No.

Can the same person act as a sole director, secretary, and a shareholder in Malta?

Yes, this is referred to as a single-member private exempt Malta company (as long as there is no corporate shareholder or director).

Is the preparation of financial statements required by law in Malta? If yes, must they be audited?

Yes, statutory audits are required annually for any company size, irrespective whether the company trades or not.

Is an annual return required to be filed with the Registrar of Companies in Malta?

Yes, annual fees will depend on the company’s share capital typically € 100 for minimum share capital, rising up to € 900 for a company with a share capital of € 1,000,000.