Incorporating a Company in Malta
Maltese jurisdiction harbours in it a vast array of companies, from construction and investments companies, to international trading and gaming companies. Companies in Malta are regulated by a single regulator, the Malta Financial Services Authority (MFSA) which ensures the conformity of companies' activites in line with the principle legislation, the Companies Act of 1995, as well as other regulations.
Being a member of the EU and having an excellent professional services infrastructure and a respected, well-regulated legal jurisdiction, Malta offers signifact advantages as a company domicile. These include:
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Participation Exemptions
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Migration of companies to and from Malta
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Rulings by the Maltese Commissioner of Inland Revenue on international transactions that gurantee tax provisons
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Possibilty for companies to denominate their share capital and their accounts in foreign currencies
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Payments of tax and tax refunds in foreig convertible currencies minimising exchange risks
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Exemption from duty on transfer of shares in, by or to companies having the majority of their business interests outside Malta
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No capital duty on shares issued
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Low registration and maintenance costs witha relative ease of incporation for non-regulated entities
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Redomicialtion of foreign companies without the need of liquidating the foreign jurisdiction.
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No local shareholders deemed necassary
For a Maltese company to be incorporated as a private limited liability company, the minimum share capital required is that of €1,200 with a minimum paid up percentage of 20%. On the other hand, in the case of a public liability company in Malta, the minimum share capital is that of €47,000 with a minimum paid up percentage of 25%. Company formation in Malta requires the submission of a valid Memorandum and Articles of Association together with an identification document of the subscribers (owners), A confirmation or proof that the initial share capital has been paid up is also deemed necessary.
Contact us for further information and guidance on managing the ideal corporate tax structure within the Maltese Islands.