Standard issued share capital

EUR1,250 (approx. USD1500)
(in any foreign currency)

Minimum paid up share capital on incorporation:

20% (EUR250 - approx. USD300)*

Minimum number of Shareholders required:

One shareholder (if the company director is a natural person) or

Two shareholders (if the director is corporate).

(At least one non-resident shareholder)

Nominee shareholders permitted:

Yes

Minimum number of directors:

One. In certain cases, director may also act as company secretary.

Local directors required:

No, but strongly recommended

Corporate directors permitted:

Yes, resident directorship services provided

Local company secretary required:

Any nationality, company secretarial services provided

Local meeting required:

No

Meetings:

At least one General Meeting each year, in addition to any other company meetings.

Local Registered office required:

Yes. We offer registered office services to Malta Companies.

Exchange Control:

No exchange control regulations - may conduct business in any currency

Average timeframe to set up a new company

24-48 hours (depending on availability and adequacy of documentation/information provided)

Malta Corporate tax rate:

35% (reduced to 5-10% after tax refunds to shareholders)

Malta Tax residence to benefit from Tax Treaty network:

Based on incorporation in Malta (Certificates of Tax Residence available)

Ordinary tax base:

Worldwide income

Withholding tax on interest:

None

Withholding tax on dividends:

None

Withholding tax on licence fees and royalties:

None

Double taxation treaties:

Treaties with 43 countries

Withholding tax on dividends

None

Value Added Tax rate (trading only):

18% - only for intra-EU trading

Disclosure of beneficial owner to Company Registrar

No (confidential nominee shareholding services provided)

Government register of directors

Yes (local director services provided)

Government register of shareholders

Yes (nominee shareholding services provided)

Annual return

Yes

Submission of accounts

Yes

Audit

Yes