Business entities in Malta

Business entities in Malta

different business entity types in Malta
Healy Consultants will assist our Clients engineer the optimum Malta corporate structure and guide you throughout the Malta business setup process. Most of our Clients choose to setup an LLC in Malta. Alternatively, our Clients can also set up a PLC, branch office or a representative office.

The Malta limited Liability Company

  • Only 2 shareholders and 1 director is required for Malta LLC setup. There are no requirements for resident directors or national shareholders. This entity does however require a registered address and resident company secretary in Malta. Healy Consultants will provide these services to our Client.
  • For Malta company setup, the minimum authorized share capital required is €1,165, out of which at least 20% must be paid up. Hence the minimum paid up share capital required is €233 which must be deposited into a corporate bank account before the company is incorporated.

The Malta public limited company

  • A Maltese PLC requires at least 2 shareholders and 2 directors who can be of any nationality and residency. This type of entity is allowed to issue its shares to the public.
  • The minimum authorized share capital of this entity should be €46,588 of which 25% must be paid up. Hence the minimum paid up share capital required is €11,647.

The Malta branch office

  • Foreign companies can also setup a branch office in Malta for their parent company. The parent company will be fully liable for the activities of the branch office.
  • A branch office is allowed to make sales in Malta, and profits are taxed at the normal corporate tax rate of 35%. There are no branch remittance taxes.

The Malta representative office

Malta representative offices/ liaison offices are only allowed to engage in i) market research and ii) promotion of the business of the parent company. These entities are not allowed to generate any revenue in Malta

Table of comparison between entities in Malta

Summary at a GlanceLLCPLCBranchRepresentative office
Considered a Malta tax resident companyYesYesYesNo
Access to double taxation treatiesYesYesYesNo
Resident director required?NoNoNoNo
Legal liability?LimitedLimitedUnlimitedUnlimited
Resident company secretary requiredYesYesN/AN/A
How long to set the company up?2 weeks3 weeks3 weeks3 weeks
How long to open company bank account?4 weeks4 weeks4 weeks4 weeks
Malta registered address required?YesYesYesYes
Virtual office address allowed?YesYesYesYes
Can be wholly foreign owned?YesYesYesYes
Minimum authorized share capital?€1,165€46,588N/AN/A
Minimum paid up capital€233€11,647N/AN/A
File annual tax return?YesYesYesNo
Corporate bank account?HSBCHSBCBank of ValettaBank of Valetta
Does our Client need to travel?NoNoNoNo
Minimum directors allowed?12N/AN/A
Minimum shareholders?22N/AN/A
Corporate shareholders allowed?YesYesYesYes
Corporate tax rate on Malta sales?35%35%35%N/A
Annual audited financial statements required?YesYesYesYes
Allowed to issue sales invoices in Malta?YesYesYesNo
Allowed to sign contracts with Maltese entities?YesYesYesNo
Can rent an office in Malta?YesYesYesYes
Can own equity in other Maltese companies?YesYesYesNo
Average total business set up engagement costs€9,675€11,125€10,275€10,275
Sample engagement fee invoiceMalta PLC invoiceMalta Branch office invoiceMalta Rep office invoice

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Contact us

For additional information on our business setup services in Malta, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Kunal Fabiani, directly:
client relationship officer - Kunal
airmalta malta-government malta individual investor programme central bank of malta malta chamber of commerce, enterprise and industry malta ministry for finance