Factsheet - Companies in Malta

Maltese company law is modeled on British Company law and the EU harmonization directives.

The Statutes of companies in Malta are registered with the Registrar of Companies at the Malta Financial Services Authority (formerly MFSC). The formation of the company is completed by an advocate or a warranted certified public accountant. Any alteration to the memorandum and articles of such companies must also be filed with the Registrar (the Malta Companies House ). Moreover, companies registered in Malta must submit annual returns and annual financial statements and, where applicable, all the documents regarding their liquidation and winding up.

The minimum issued share capital of a company in Malta is of €1200, only 20% of which must be paid up upon incorporation. Registration fees and annual return fees vary according tothe company’s authorized share capital.

Directors of companies in Malta may be Maltese or foreign individuals or companies.We do not offer nomineedirectorship services.

A company secretary is a natural person responsible for the keeping of registers, the notification of meetings, the keeping of minutes and the filing of annual returns and other documentation with the Registrar of Companies (the Malta Companies House). We do not offer company secretary services.

A company in Malta is obliged to keep and file accounts in respect of both income and expenditure generated abroad or in Malta. Accounts are prepared according to International Financial Reporting Standards (IFRS) or, in the case of qualifying smaller companies, to the local General Accounting Principles for Smaller Entities (GAPSE).

ACS offers book keeping services through qualified, experienced and reputable Malta accountants.

Companies in Malta must appoint an independent auditor.
In accordance with local legislation, this service must be given by a duly warranted auditor.