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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.

   
 
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