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THE SECRETS OF SUCCESS THROUGHT MALTA

Company set up

The law regulating companies and partnerships in Malta is the Companies' Act, 1995 which defines and regulates the types of corporate entities that may be established, and the manner in which they are conducted.

Maltese Company Law is predominantly based on English law and the European Union Directives.

The limited liability company is the most popular type of corporate entity in Malta. The Companies' Act distinguishes between a private limited liability company and a public limited liability company.A private company is one that restricts the rights to transfer shares, limits the number of its members to fifty and prohibits any invitation to the public to subscribe for any shares or debentures of the company.

A company can further be established as a private exempt company or a single member private exempt company. A public company is, by exclusion, a company that is not a private company as defined. Upon formation or constitution of the company, a Memorandum and Articles of Association is submitted to the Registry of Companies. A certificate of registration is issued upon registration.

When setting up a new business you will need to decide what legal format you want to operate under. This is one of the most important decisions you need to take at an early stage as this will determine how you will operate your business in the future.

To determine what legal format is best for you, you need, first of all, to understand some of the basic differences. The most common legal formats for businesses are:

  • Sole Trader
  • Partnerships
  • Private Limited Liability Companies
  • Cooperatives

 

Our services for company incorporation cover the following:

  • Redomiciliation of Foreign companies to Malta
  • Residence Management
  • Tax Planning