Company formation in Malta
Malta is a British overseas territory in the Caribbean, the most northerly of the Leeward Islands in the Lesser Antilles. It consists of the main island of Malta itself, approximately 16 miles long by 3 miles wide at its widest point, together with a number of much smaller islands and cays with no permanent population. The island's capital is The Valley. The total land area of the territory is 102 square kilometres (39.4 square miles), with a population of approximately 13,500 (2006 estimate).
Requirements
Minimum of one Director. Corporations are permitted.
A Secretary is necessary.
Minimum of one Shareholder. Corporations are permitted. Shareholder(s), secretary and director(s) may be the same.
The standard share capital is USD 50,000.00 divided into 50,000 shares of USD 1.00 each. Shares can be issued with or without par value. Bearer shares are permitted.
Must end with one of the following suffixes: Limited or Ltd.; Corporation or Corp.; Incorporated or Inc.; Soci�t� Anonyme or S.A.; Sociedad Anonima or S.A.; Besioten Vennootshcap or B.V.; Gesellschaft mit beschrankter Haftung or GmbH; Naamloze Vennootschap or NV.
Key information
Status of the company: Malta International Business Company (IBC).
Incorporation of Malta company takes 24 - 48 hours.
Malta is a pure tax haven and has no direct taxation in the form of income tax, capital gains tax, gift tax or inheritance tax.
There is no requirement to file accounts with the Malta authorities, but a company is required to keep financial records that reflect the financial position of the company.
The Malta incorporation documents do not carry the name or identity of the shareholder(s) or director(s). As such no names appear on the public record.
The object of the Company is to engage in any act or activity that is not prohibited under any law. The Company can not carry on business with Malta companies or individuals resident in Malta.
Fees
USD 250.00
USD 200.00
USD 200.00
USD 600.00
USD 1,250.00 No hidden or additional costs (time spent, telephone calls, etc.)
USD 650.00