FAQ
FAQ: Setting Up a Company in Malta
Our Frequently Asked Questions (FAQ) provide you with information about setting up a company in Malta.
I would like to set up a company in Malta to trade overseas. What is the procedure and what documents do I have to prepare? Do I have to be a Maltese resident to set up a company in Malta?
The procedure to set up a company in Malta is very straight forward and it only takes two working days for it to be set up. We would require all due diligence documents on behalf of the shareholders of the company including copies of passports, bank and professional references and recent utility bills. Non-residents (both companies and individuals) can set up companies in Malta and there are no restrictions on nationality and residence.
For further details, please do not hesitate to contact the firm’s tax and corporate services partner, Stephen Balzan, on sbalzan@act.com.mt.
I would like to act as director of my company. What are my duties and obligations?
Can the company I set up be used both for trading activities as well as to hold overseas investments?
Yes this is possible. A company set up in Malta can carry out different types of trading activities as well as hold investments, provided that the company is permitted to do so in terms of its objects clauses in the Memorandum and Articles of Association. The only restriction applies when the company is fully owned by one shareholder i.e. in the case of a single member company. In this case, the activities of the company will be restricted to one.
For further details, please do not hesitate to contact the firm’s tax and corporate services partner, Stephen Balzan, on sbalzan@act.com.mt.
If I set up the company in Malta, what is the amount of share capital that is required to register the company? Can I have the share capital denominated in a currency which is not Euro?
I would like to have total confidentiality. What options do I have?
Confidentiality is possible if you use the services of a fiduciary company which is licensed by the Malta Financial Services Authority (MFSA). ACT is in a position to provide you this service through a company forming part of ACT Group of Companies. The names of the beneficial owners will not be divulged, neither to the public nor to the Registry of Companies and Maltese tax authorities, except in certain serious circumstances that would warrant disclosure.
For further details, please do not hesitate to contact the firm’s tax and corporate services partner, Stephen Balzan, on sbalzan@act.com.mt.
I would like to engage a service provider who can provide me with a one stop shop. Is this possible if I engage the services of ACT?
Yes, ACT is in a position to provide you with all services which you require, including company formation, setting up of bank accounts, registration of the company with the tax and VAT authorities, accountancy services, VAT and tax compliance, preparation of financial statements, payroll services, compliance with the Companies Act amongst others. We can also act as company directors and company secretary while you may use our office as your company’s registered office.
For further details and information, please do not hesitate to contact the firm’s tax and corporate services partner, Stephen Balzan, on sbalzan@act.com.mt.
We are here to help
Didn’t find the answer you were looking for? Then ask us directly! Simply use the contact form and we will get back to you shortly.
Get in touch with us!
Tassazione delle società a Malta
Le società maltesi sono soggette all’applicazione di un’aliquota d’imposta del 35% sul loro reddito complessivo e sui guadagni in conto capitale. Malta concede vari incentivi fiscali alle società e ai loro azionisti sulla distribuzione dei dividendi.
Setting up a Company in Malta
Taking up Residence in Malta
Remote Gaming in Malta
Payment Institutions in Malta
Electronic Money Institutions in Malta
Malta has recently seen an increase in the number of Electronic Money Institutions (EMIs) looking to set up their operations in Malta. This has been largely due to the growth in the e-commerce and the i-gaming industries.