Establishing a company in Malta is a simple process that typically takes two working days.
The minimum required share capital is €1,165, with shares being 20% paid up (approximately €250). The share capital can be in any currency.
Malta follows a full imputation system of taxation, allowing shareholders to receive credit for the tax paid by the company when dividends are distributed. This results in an effective corporate tax rate of 5%. Maltese companies can benefit from double taxation treaties and other provisions to avoid double taxation. Our trusted partners can provide your full accountancy needs.
A minimum of two shareholders is required, but single-member companies are possible under certain conditions. Shareholders can be individuals, companies, or other entities, with no restrictions on nationality or residence.
At least one director is required, with no restrictions on nationality or residence. For tax purposes, it is recommended that the majority of directors are residents of Malta. Both Maltese and foreign residents can be directors.
Every company must have at least one company secretary, who must be a physical person. There are no restrictions on the nationality or residence of the company secretary.
No tax is withheld on profits distributed to shareholders, regardless of their residence or nationality. Shareholders receive refunds of tax upon receiving dividends from a Maltese company. Our trusted partners will guide you through the process.
Maltese companies can have bank accounts in Malta or anywhere globally. AACASINO can provide assistance is available to set up corporate and private bank accounts with major banks in Malta, offering various services.
Every company must have a registered office in Malta, which can be provided by our trusted partners. While physical presence in Malta is not required for tax and legal purposes, it may be necessary for international tax purposes.
Company documents are public, but confidentiality can be maintained through fiduciary services. Ultimate beneficial owner details are not required to be submitted to the Maltese Registry of Companies.
All Maltese limited liability companies must have their annual financial statements audited by a Certified Public Accountant and submitted annually to the Registry of Companies. Our trusted partners can provide the solutions to the following;
Companies must submit an annual return each year, detailing any changes in shareholders, directors, or company secretary.
There are no exchange control regulations in Malta, allowing funds to be freely transferred in and out of the country in any currency.
At least one Annual General Meeting is required for directors and shareholders to approve annual accounts. While meetings do not have to be held in Malta, it is recommended for international tax purposes.
Companies must keep records of shareholder, director, and company secretary details, as well as share transfers. Share certificates and dividend warrants must be provided to shareholders.
Maltese companies can employ expatriates in Malta, subject to Maltese tax and national insurance contributions. Certain sectors may have reduced tax rates for highly qualified expatriates. Working permits are required for third country nationals, but not for EU nationals.
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