How long does it take to incorporate a Maltese company?
Setting up a Maltese company is quick and easy, only taking up to ten days once all required information and documents have given to us.
Is it easy to open a corporate bank account for a Maltese company?
It is very easy to open a corporate bank account with a reputable international bank in Malta.
Am I required to visit Malta to incorporate a company there?
No. Healy Consultants can legally incorporate your Maltese company without you needing to travel.
What is the minimum number of directors required for a Maltese company?
A Maltese international trading company (ITC) needs a minimum of one director.
Is a resident director required?
A resident director is not required.
What is the minimum number of shareholders required for a Maltese company?
A Maltese international trading company (ITC) requires a minimum of two shareholders.
Are shareholder/director details available for public viewing?
Yes. Shareholder details are available for public viewing.
What are the minimum capital requirements for a Maltese ITC?
A Maltese ITC requires a minimum capital of US$1,500.
Is a Maltese company required to submit financial statements?
A Maltese company is obliged to submit annual accounts to the Maltese government. Also, a Maltese company is unlikely to be considered a tax-avoidance vehicle, as it is required to submit annual audited accounts.
How much tax does a Maltese company pay?
A Maltese company is not required to pay tax and Malta is not perceived as a tax haven jurisdiction. A Maltese company is required to register for VAT in Malta if the total value of goods acquired in a calendar year from a VAT-registered EU company exceeds €10,000 (US$13,150). Malta’s VAT rate is 18%.
Is a Maltese ITC allowed to trade in Malta?
A Maltese ITC is not allowed to trade in Malta. An ITC may be used to purchase Maltese goods for export. An ITC is not permitted to hold foreign investments.