Malta Company | Company Formation

Malta Company

Incorporation £875 and annual fee thereafter £895

Malta is a popular jurisdiction which introduced specialist gaming legislation and a fairly complex method of Corporation Tax available to non-resident owners of maltese Companies. Malta joined the EU in 2004 and has developed a reputation as being a stable offshore centre with legislation facilitating Gaming, Mutual Funds, Captive Insurance, Offshore Banking and Offshore Company Incorporation. The Corporation Tax rate for a Malta company is 35% but Malta’s Tax system allows for tax refunds whereby the foreign owner of a Malta Company can achieve in certain circumstances, very low taxation rates.

Malta Company Compliance

The details of the Directors and shareholders of a Malta Company are required to be recorded at the Company Registry and an annual return must be filed every year. The annual return fee varies according to the amount of Authorised capital but is usually €100. A Malta Company should prepare audited accounts, annually to be filed at the Company Registry. All Malta Companies need to be registered for tax. A Malta company can appoint a Corporate Director and shareholder. For most of our clients Keylink Consultancy provides a Corporate Company Director, Secretary and a Shareholder service (nominees) so that your name will not appear on any official record at Companies House, ensuring that your identity is protected. Records of the identity of the beneficial owners of a Malta Company remain confidential.

KEY FEATURES OF A MALTA COMPANY

Malta is a full EU member, with effective Corporation tax rates for non resident owners of between 5% to 0% dependant on the activity.

Low tax rates and use of tax treaties makes Malta a popular choice for Captive Insurance, On-Line Gaming, international trading, investment holding, etc.

A Malta corporation only needs one Director and two Shareholder(if Corporate) and most statutory meetings can be waived or held anywhere in the world.

We will actively help you to save on business costs and utilise the multitude of financial services available in the territory. We can assist you to use a Malta Company for a variety of uses including mutual funds, insurance and on-line Gaming.

We can guarantee to open you and Offshore HSBC Bank account with Internet Banking and Debit/Credit card and no need for you to visit Malta or the Bank in person.

Malta Company Taxation

Local Malta company Corporation tax is 35% but non-resident owners of Maltese Companies can receive part reimbursement of Taxes paid by tax refunds if profits are distributed through dividends. For a Trading Company upon distributing dividends a refund of 6/7 of tax previously paid on the Tax charged to the Malta Company is refunded to the shareholder. The tax is actually paid to the Malta authorities and the respective receipt will be issued to the taxpayer in question. However, upon a subsequent distribution of a dividend by the Maltese company (no Malta tax is withheld or otherwise levied on such dividends distributed), shareholders are generally entitled to a refund of six-sevenths (6/7ths) of the Malta tax suffered on the profits out which the dividend was distributed.

The refund is reduced to five-sevenths (5/7ths) when the dividend is distributed from profits derived from passive income such as royalties. The refund is reduced to two-thirds (2/3rds) when the dividend is distributed from certain foreign-source income including royalties, dividends, capital gains, interest, rents and other income situated outside Malta and where double taxation relief has been claimed.

Non-resident Malta companies are exempt from all corporate taxes including capital gains including profits from the sale of shares. Malta has tax treaties with Albania, Australia, Austria, Belgium, Bar-bados, Bulgaria, Canada, China, Croatia, Czech Republic, Croatia Denmark, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Iceland Isle of Man, India, Ireland, Italy, Jersey, Jordan, Korea, Kuwait, Latvia Libya Lithuania Luxembourg Malaysia, Montenegro, Morocco, Netherlands Norway, Pakistan, Poland, Portugal, Qatar, Romania, San Marino, San Marino, Serbia, Singapore, Slovakia, Slovenia, South Africa, South Africa - Spain, Sweden, Syria, Tunisia, United Arab Emirates, United Kingdom, United States.

Malta Company Formation

Keylink Consultancy can carry out a quick name check for you and initiate incorporation the same day or next day. Normal Incorporation takes one to two days.

Malta Company Structure

Maltese company law was derived from civil or 'Roman' law, rather than common law. A new Companies Act 1995 replaced the old Commercial Ordinance and Companies are now formed by a modern Malta Registrar of Companies. The Standard Authorised Capital for a Malta Limited Company is €1,250 and at least 20% of this amount must be deposited in a bank account along with the filing of the Memorandum and Articles of Association with the Registrar of Companies in order to form the Company. More information about a Gibraltar Company if the requirements of a Malta Company do not suit your needs.

Malta Nominee Director, Shareholder and Secretary Services

Unlike most other on-line Formation Agents, Keylink Consultancy provides fully-insured Nominee Corporate Director, Shareholder and Secretary Services, as an Associate of a UK Regulated Chartered Accountancy Firm. We guarantee that your Malta Company will be properly formed and delivered to you, managed professionally and comply with local legislative requirements, for the price quoted. There are no hidden fees. Furthermore, we guarantee not to increase the price of the annual fees for a five year period and thereafter any subsequent annual price increase will be related to the retail price index forecast estimated to be 3.3%.

Malta Company names

There is a restriction in naming a Malta Company with anything identical or similar to the name of a company already existing in Malta; or anything that in the opinion of the Registrar of Companies is offensive or otherwise undesirable.