Opening a company in Malta has many advantages among which the taxation system, which provides up to 6/7 refunds to foreign shareholders, full tax exemptions for holding companies and no withholding taxes or stamp duties in case of profit repatriation. Also when taking into account the low company formation and maintenance costs, foreign investors have many other reasons to open a company in Malta.
Foreign enterprisers setting up companies in Malta may choose between several types of business entities according to their needs. The Maltese Commercial Code allows the incorporation of the following structures:
Foreign companies can open subsidiaries or branch offices in Malta.
When deciding to start a business in Malta, foreign enterprisers will consider the amount of money, also called a share capital they will have to invest in the company. From this point of view, the Commercial Code only requires for private and public companies to deposit a specific amount of money.
In the case of a Maltese private company, the minimum amount accepted is 1,165 euros, while for the public company the minimum share capital is approximately 46,600 euros of which only 25% must be deposited prior to registration. In the case of private companies with an authorized share capital exceeding the minimum requirements, only 20% of the amount must be deposited.
Both types of companies must have at least two shareholders, even if the Company Law also allows a single shareholder to establish a company in Malta.
For additional information about the requirements for opening a company, you can rely on our lawyers in Malta.
The main steps to set up a company in Malta are:
The documents to be filed with the Malta Trade Register are:
You can also see in the video below how to open a company in Malta:
Once the Maltese company is registered, it must obtain a business license, register for VAT and with the Employment Training Corporation.
You can contact our Maltese law firm for company registration services and for details about the main reasons to invest in the country.