Malta is situated in the Mediterranean Sea south of Sicily, Italy. The Total area is 316 sq km. The capital and largest city is Valletta. Malta’s population is approximately 415,000. Official languages are Maltese and English but Italian is also widely spoken.
Malta is an independent republic, having gained independence from the United Kingdom in 1964. Government is democratically elected parliament with elections being held every five years. Malta is a member of Commonwealth of Nations and has become a full member of the European Union since the 1st of May 2004. The legal system is based of the Napoleonic code, but British Law has had a strong influence particularly in fiscal and commercial law.
Currently Malta has Double Tax Treaties with more than 48 countries.
Highlights of Maltese Companies:
Limited Liability Companies registered in Malta in terms of the Malta Companies Act (Chapter 386 of the Laws of Malta) are normally, considered as the most common forms of businesses registered in Malta. Such Companies may have the status of private or public Companies. Companies may be registered as “trading” Companies or as “holding” Companies and may be used for domestic or international purpose.
Maltese companies are particularly tax-efficient corporate vehicles and can be (and have been) advantageously utilized in a virtually unlimited variety of :
Characteristics of a Malta Private Limited Liability Company:
10. Company Renewal:
Renewal for Malta Private Limited Liability will fall on the anniversary date of incorporation. In case of late renewal, government and service charges shall be applicable.
Latest valid passport copy and recent utility bill for address proof of shareholder/director are required to be submitted at every renewal as a part of enhanced due diligence. If shareholder is a corporate entity, then latest certificate of incumbency and above stated docs of directors would be required.
11. Documents Required in Setting Up a Malta Private Limited Liability:
KYC Documents for individual Director/Shareholder:
KYC for Corporate Director/Shareholder:
All documents of the corporate entity must be certified by a Lawyer or Certified Public Accountant
Incorporation of a Malta Private Limited Liability begins from EUR 2,990/-
Global Business Services DMCC has helped many individuals and corporate entities to set up Malta Private Limited Liability. Our Company acts as a one stop solution for Malta Private Limited Liability incorporation services.
If you are looking for Malta Private Limited Liability set up, please get in touch with us for professional assistance.
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.