Malta is an island country, comprising of a few islands in the Mediterranean Sea, south of the Italian island of Sicily, across the Malta Channel. Malta is effectively the smallest national capital in the European Union. Maltese and English are the official languages in Malta and the capital of Malta is Valletta.

As an EU member state, Malta offers significant advantages for setting up a  new company.  A  Maltese company formation offers EU compliance, low tax rates and is a respected and reputable jurisdiction. The main appeal for a Malta company registration is its favorable tax environment. It has the lowest corporation tax rate, intellectual property rate, gaming tax rate, and VAT rate in Europe.

Timescale

Once we have received all the required identification documents, the company formation process will take approximately 5-10 working days subject to a compliance review.

Offshore Bank Account

When forming your offshore company, we can also open an offshore business bank account in various jurisdictions.

The banks we have chosen to work with meet our high standards of confidentiality, have an excellent reputation and offer a wide range of banking services which we believe will best suit your requirements.

Why Form a Company in Malta

The Maltese companies act is modeled after the UK version, it basically sets out a very simple procedure that will quickly incorporate the company under the Maltese law. The entire process of a Maltese company formation is designed to be quick and relatively easy.

Malta has strong economic ties with EU countries and also countries that are outside of the European Union – this is a great advantage when it comes to foreign investments. Malta has one of the highest levels of privacy protection. With a Maltese company, a business can be conducted internationally, with minimal changes required within the company.

Tax Information for your Maltese Company Registration

A Maltese company is exempt from any withholding taxes and stamp duty. When the distribution of profits from a Maltese Company is sent to a non-resident shareholder, the dividends can be sent without any restrictions and no exchange control restrictions apply.

Malta has a favorable and competitive tax system, which has been the main reason for Malta’s success as a European financial services centre.

Individuals which are trading in or from Malta typically secure the lowest tax rates that are available within the European Union.

The amount of Malta tax refunds is set at 6th/7th of the Malta tax paid by the Maltese company. Therefore, the Maltese company is subject to taxation at 35%, however, the shareholders are entitled to claim back 6/7 of this tax which reduces the corporation tax to 5%.

For example, if gross profits amount to €100,000, the company would pay €35,000 in tax, but the shareholder would typically be entitled to claim back €30,000 in tax refunds.

to allow you to be able to claim back 30% of the corporation tax, the shareholders of the Maltese company must not be resident in Malta. It does not depend on where the company director is located.

Company Name

When choosing a company name for a Maltese company formation, you must ensure that all words within the name are in English. The name must end with a word, phrase, or abbreviation, such as Limited or Ltd.

The company name must be unique and requires approval from the Registrar of Companies. If the company registrar feels that the company name is undesirable or offensive, they can reject the incorporation of the company.

Directors, Shareholders and Secretary
For a standard Maltese company formation, a minimum of one director, one secretary and one shareholder is required, however, they do not need to reside in Malta and they can be corporate bodies.

If a corporate director is used for a Maltese company formation, two shareholders must be appointed.

To ensure the Maltese company formation process is as simple as possible, we appoint a secretary during the incorporation period. Once the company has been incorporated, we then resign the secretary and appoint one of your choice. Alternatively, we can offer a nominee secretary.

Nominee directors are also permitted in a Malta company registration.

It is now a requirement to obtain a Police Conduct Report for all officers within the Company. This is not something that CFS can assist with directly. However, you will be able to obtain this from your local police headquarters.

Share Capital
The standard currency for a Maltese company formation is Euro. We incorporate Maltese companies with a standard share capital of 1200 Shares worth 1.00 Euro each. At least 20% of the Share Capital should be paid up at incorporation and will need to be paid to us before the company can be incorporated.

Your Maltese company formation does not need to have this share capital, we are able to amend this. However, please be aware that additional charges may occur from the Maltese authorities.

A Maltese company is also required to complete annual bookkeeping, accounting services and compliance functions. These are not included within the CFS annual renewal cost. However, we are able to introduce you to an accountant who will be able to assist you with these annual requirements.

Discover Malta
Malta is an archipelago in the central Mediterranean between Sicily and the North African coast. It’s a nation known for historic sites related to a succession of rulers including the Romans, Moors, Knights of Saint John, French and British.

Business Activities
If your business activities are classed as high risk, involve gambling or crypto currency, they may incur additional costs. We can check this before you order. Please contact our team for any further assistance you may require.

Crypto Currency
Crypto business activities are allowed in Malta.

Why use us for your Maltese Company Registration
We have been dealing with Maltese company formations for many years and we pride ourselves on not only the speed in which we can incorporate but also the efficiency of the service we provide. All work carried out by our specialist team for your Maltese company registration is completed with the utmost confidentiality.

FAQ’s
Do my identification documents need to be translated?

We can provide any translation of documents if required

For all officers and beneficial owners within the company we require the following documents:

Certified passport copy or ID card
Certified utility bill dated within the last 3 months – this could be a bank statement, gas or electricity bill
Reference letter – this can be obtained from a bank, solicitor, lawyer or attorney. Personal CV

The reference letter should confirm the following:

How long they have known you How you met
Characteristics about you

If any documents are not in English, they do need to be translated.

We will require the original certified copies posting to our office in order to proceed
Is it possible to open a Malta bank account for my Maltese company formation?
We can assist with opening a bank account for your Maltese company. We have a great working relationship with the bank in Malta.

Do I need a registered office in the location where I am forming the company?

Yes, you are required to have a registered office in the location you are forming your company and the price of this is included in our formation package and yearly renewal.