• Other Information

The Minimum issued share capital of an international trading or, holding company is the equivalent of Lm 500 expressed in any convertible foreign currency including the European Currency Unit.  At least 20% of the issued share capital has to be paid up on incorporation.

Who May Incorporate:

A Limited liability company may be registered by the shareholders or their authorised agent.  In practice, a local firm of lawyers, accountants or consultants is engaged to carry out all necessary formalities.  Subscribers may be individuals or corporate.  Nominee shareholding is also permissible through the services of a local nominee company licensed by the Malta Financial Services Centre.

Time Required for Incorporation:

The length of time to incorporate depends on the type of company and on whether, all information and documentation is available and in order.  The process may take from as little as 24 hours.

Shareholding.

The minimum number of shareholders is normally two, however, a "single member company" may also be registered following the coming into effect of the new Companies Act, 1995.

Registered Office:

Every company registered in Malta must have a registered office ill Malta. The registered office of a company may be at the office of a firm of lawyers or accountants.