Standard issued share capital

 Lm 500 (approx. USD1500)
(in any foreign currency)

Minimum paid up share capital on incorporation:

20%

Minimum number of Shareholders required:

One shareholder (if the company director is a natural person) or

Two shareholders (if the director is corporate).

(At least one non-resident shareholder)

Nominee Shareholders Permitted:

Yes

Minimum number of directors:

One. In certain cases, director may also act as company secretary.

Corporate directors permitted:

Yes

Local directors required:

No

Local meeting required?

No

Company secretary required?

Yes

Meetings:

At least one General Meeting each year, in addition to any other company meetings.

Local Registered office required:

Yes. We offer registered office services.

Malta Tax residence to benefit from Tax Treaty network:

Based on incorporation in Malta.

Exchange Control:

No exchange control regulations - may conduct business in any currency

Average timeframe to set up a new company

24 hrs (depending on availability and adequacy of documentation/information provided)

Disclosure of beneficial owner to Company Registrar

No (when using nominees)

Government register of directors

Yes

Government register of shareholders

Yes

Annual return

Yes

Submission of accounts

Yes

Audit

Yes