Opening a company has quite a resemblance to starting a family. We always seek to provide our heirs with the best possible circumstances, ones that offer them stability, confidence, and sustainability. The same approach applies to our financial creations: we always look for their wellbeing.

Luckily for us, there are countries that outstandingly comply with those principles, one of them being the Island of Malta, the famous Mediterranean jewel.

The way in which this country has attracted so many investors over the past decade shouldn’t come as a surprise for anyone. The local legislation regarding company formation is specially designed to facilitate all mandatory procedures, the reason why the whole process usually doesn’t take more than a full week.

This bureaucracy-free paradise is the dream land for companies. Malta not only has one of the most competitive tax systems in the European Union but also its Double Taxation agreements and fast-incorporation processes are unbelievably effective.

Regardless of the nature of your soon-to-be Maltese company, we can guarantee you’ll find an attractive environment for it. Whether you are looking to start a trading company, an investment institution, or a holding company, Malta has all the doors open for you to join one of the most thriving financial communities in the world.

Malta Company Formation Procedure

By now, you might be wondering how all of this would work in reality. Even though these kinds of procedures might seem complicated, if you trust contrasted professionals you’ll soon realize their simplicity. This is especially true when it comes to Malta, the very land of smooth financial operations.

Here’s a step-by-step of how the process would look if you decided to work with our team for the incorporation of your company in Malta. Take a look!

1. Explain the idea of your company to us: we will provide you with an application document, a questionnaire, that needs to be filled in only with fair information about your financial intentions. This will allow our experts to deliver a proper pathway towards the successful registration of your company as they will take into account all the specifics surrounding your case.

2. Gather all relevant documents. As with any other financial figure, a company formation requires undergoing due diligence procedures. Make sure you have all relevant documents at hand and bear in mind you’ll probably have to send some of them through a trusted courier service (specifically those documents that are only valid if physically signed).

3. Reviewing phase: our team is now set to revise all the gathered data and documentation and ready to deliver the memoranda for it to be approved by the local authorities.

4. Company formation: within a week, the company should be officially registered in Malta for you with the help of our trusted partners. 

Financial Aspects of Incorporating a Company in Malta

Starting a company carries with it a set of considerations that should be properly addressed by experts, from lawyers to financial advisors. Furthermore, if you trust our services, a professional team will guide you through every step of the way, increasing the chances of the process to come out a success.

In that sense, you can rest assured our experts will lead the way towards the registration of your company, as they will make sure every one of the following requirements is met:

-Starting mandatory capital: Maltese legislation has set a minimum amount of funds all companies must surrender in order to be registered within the territory. The expected amount is between a minimum of €245.00 and a maximum of €1,750.000, the sum that will ultimately depend on the value of Authorized Share Capital. 

-Tax considerations: as you might already know, Malta has one of the friendliest tax systems in Europe, if not of the entire globe. This means that even when tax shares on a company’s trading profits can reach 35%, shareholders can apply for attractive refunds. This, more than often, ends up reducing the tax share as down as between 6% and 11%.

-Logistic features: every company needs a board of executives, shareholders, and offices. Even when incorporating a company in Malta is as easy as it could be, there are challenges attached to it. At Mundo, we will guide you through all of these issues in order to construct an effective and reliable financial figure that guards you against hurtful international taxation.

-Banking solutions: you don’t have to worry for even a second when it comes to background-checking each Maltese bank seeking the best options. Our experts, with decades working in the field, are aware of each and every aspect of the Maltese banking system and will suggest the best methods for you to obtain both great benefits and access to friendly loans.

General Requirements for Registration of a Company in Malta 

In addition to the aforementioned essential aspects attached to a Maltese company formation, there are several details one must take into account for a successful process. Let’s list them up:

Shareholders conditions

-The number of shareholders required: 1 or 2 (the latter only if the corporate Director is also included in the Board).

-Permitted: corporate shareholders, disclosure of benefits, and share registration.

-Unpermitted: bearer and number per value shares.

Executive-Related conditions

-The number of directors required: 1 or 2 (the latter being the case of public companies)

-The number of secretaries required: 1

-Allowed figures: Corporate Directors, Corporate Secretaries (only for private companies) as well as the disclosure of both roles and the appointment of future Directors and/or members of the Board.

-The filing of annual return documentation, audited financial accounts, and annual tax returns are mandatory.

Meeting Conditions

-A meeting between shareholders is mandatory at least once a year. 

-A meeting between Directors is mandatory at least once every 4 months.

Location-based conditions

-The registration of an Office Address is mandatory.

-The registration of an Operational Office is not mandatory, although recommended for enhancing the overall functioning of the company.

-Registers of shareholders, minutes, and shares must be kept at the registered Office Address.

-All meetings should take place within Maltese territory.

Corporate Name

-Restrictions: misleading, hurtful, or offensive names are absolutely prohibited by the Maltese legislation. Furthermore, any resemblance between the name of the new company and an already existing one is not allowed.

-Mandatory abbreviations: for public companies, the letters “L.P.C” must be attached to the end of the name. For private ones, the letters “LTD.” must be added. 

-Language: as well as all registration documentation, the company name must be written in English. 

-Name Reservation and Licensing: a given name can be secured by paying a fee to the authorities. Moreover, when it comes to bank formation, investment funds, and trusts, the naming has to be properly pre-approved by authorities.

Shaping up Your New Maltese Company

In order for your company to thrive, you should follow several suggestions that will allow its growth and sustainability. 

For starters, you should consider the inclusion of capacitated human capital that can guarantee the proper functioning of the company. It will always be positive to have a team of dedicated workers that are able to carry out local operations.

Moreover, you should take into account that all Malta-based companies are forced to keep accounting registers up to date. This condition, present in the Malta Companies Act and in compliance with International legislations, includes an annual presentation of every financial activity carried out by the company.

Finally, if you are seeking to domicile an already existing company in Malta, the process becomes even simpler. The original entity doesn’t even have to disappear nor liquidate its current assets, as through a request to the Maltese financial authorities, and after a reviewing process, the domiciliation is virtually guaranteed.

You know now the essentials of creating a Maltese company. The final step is to reach out to the experts and let us do all the lame paperwork. Your only worry, from now on, will be to strengthen your soon-to-be company and make it thrive.

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