| |
|
|
|
incorporation guidelines
Incorporation takes 5 working days from receipt of 2 references
on each beneficial owner, share capital & fee deposit, and signing
of nominee & administration agreement, all of which do not necessitate
immediate travel by the client to Malta, which is nevertheless recommended
to substantiate the due diligence process.
The Memorandum and Articles of Association constituting the company
are forwarded to the Registrar of Companies for registration. Evidence,
in the form of a deposit slip showing that the paid up share capital
of the company has been deposited at the bank, must be produced.
Upon registration, the Registrar will issue a certificate of registration,
showing that the company has been officially registered. A record
of all company registrations is available for public inspection.
The fees payable by a company to the Registrar of Companies upon
registration are calculated according to the company’s authorized
share capital as follows:
| Authorised Share
Capital |
|
Fee Payable |
| |
|
|
| Up to Lm2,000 |
|
Lm100 |
| Over Lm2,000 but not exceeding Lm5,000 |
|
Lm100 plus Lm6 for each Lm1,000 or part thereof in excess
of Lm2,000 |
| Over Lm5,000 but not exceeding Lm100,000 |
|
Lm118 plus Lm1 for each Lm1,000 or part thereof in excess
of Lm5,000 |
| Over Lm100,000 |
|
Lm213 plus 40 cents for every Lm1000 or part thereof exceeding
Lm100,000 provided that a maximum fee does not exceed Lm573. |
If a company subsequently increases its authorised share capital,
the difference in registration fees would be levied.
|
|
|
|
|