Starting a Business in Malta?Your Essential Guide to Company Incorporation

Malta’s strategic location, favorable tax regime, and skilled workforce make it an attractive destination for entrepreneurs. If you’re considering setting up a company on the island, this step-by-step guide will help you navigate the incorporation process.

Key Steps:

Choose Your Business Structure:
Malta offers various structures, such as private limited companies (Ltd), public limited companies (PLC) and partnerships en nom collectif and en commandite. Each has unique characteristics, so choose the one that best suits your business needs.

Reserve Your Company Name:
Before you register your company, ensure your chosen name is available and complies with Malta’s naming regulations.

Complete KYC/Due Diligence:
Malta adheres to strict international standards for anti-money laundering and combating the financing of terrorism. Therefore, prior to submitting your incorporation documents you would need to provide documentation to verify your identity and your source of funds.

Draft Your Memorandum and Articles of Association (M&A):
These documents outline your company’s purpose, structure, and internal rules.

Register Your Company with the Malta Business Registry (MBR):
Submit your M&A along with other required documents and pay the registration fees. Your company will typically be registered within 7 days of the submission of the incorporation documents.

Obtain Necessary Licenses and Permits:
[where applicable] Depending on your business activity, you might need specific licenses or permits to operate legally.

Why Malta? Tax Advantages & More:

Full Imputation System:
Malta’s tax system offers attractive refunds on corporate tax paid, potentially reducing your effective tax rate significantly. Non-residents can take advantage of an effective 5% taxation.
Fiscal Unit:
In certain instances it is possible to register a group of entities for a fiscal unit, and taxation of 5% over profit is paid immediately without resorting to tax refund claims.
Various Incentives:
Depending on your industry, you may qualify for additional incentives, such as grants, tax credits, and reduced rates on specific activities.

Focus on Your Business, We’ll Handle the Rest:

At Contact Advisory Services Ltd., we understand that your time is best spent growing your business. That’s why we offer a comprehensive company formation service, taking care of every step of the process, from selecting the right business structure to handling all the paperwork, KYC/due diligence requirements, and legal formalities.

Ready to take advantage of Malta’s business-friendly environment? Contact us today for a free consultation and let us help you bring your business vision to life!