About
Services
Why Malta
Insights
Careers
Contact us

Our Services

Secretarial Compliance Services

We provide a vast array of corporate services to our corporate clients, including preparation of statutory forms, acting as company secretaries, preparing minutes and agendas and other specialized corporate services such as advice and assistance on continuation of companies to/from Malta and cross border mergers, divisions and amalgamations.

Our capabilities

The firm’s Corporate Department within ACT includes professionals with the required expertise to provide foreign investors interested in conducting business in Malta with all necessary advice and assistance in relation to all aspects of Maltese Corporate law. ACT are able to provide its clients with a complete corporate package comprising comprehensive professional service and assistance.

At ACT, we boast of a strong corporate law practice with a wealth of experience in the provision of advice and assistance in all matters concerning company law, ranging from company incorporation and re-domiciliation advice, mergers and acquisitions, divisions of companies, corporate finance transactions, corporate joint-ventures, insolvency law and proceedings, to shareholders disputes and corporate governance.

FAQ

Questions clients ask us

Setting up a company

All questions and answers
I would like to set up a company in Malta to trade overseas. What is the procedure and what documents do I have to prepare? Do I have to be a Maltese resident to set up a company in Malta?

The procedure to set up a company in Malta is very straight forward and it only takes two working days for it to be set up. We would require all due diligence documents on behalf of the shareholders of the company including copies of passports, bank and professional references and recent utility bills. Non-residents (both companies and individuals) can set up companies in Malta and there are no restrictions on nationality and residence.

For further details, please do not hesitate to contact the firm’s tax and corporate services partner, Stephen Balzan, on sbalzanact.com.mt.

I would like to act as director of my company. What are my duties and obligations?

The director of a company is the person who is ultimately responsible for the affairs of the company. Directors of a company must act honestly and in good faith in the best interests of the company and shall promote the well-being of the company.

Can the company I set up be used both for trading activities as well as to hold overseas investments?

Yes this is possible. A company set up in Malta can carry out different types of trading activities as well as hold investments, provided that the company is permitted to do so in terms of its objects clauses in the Memorandum and Articles of Association. The only restriction applies when the company is fully owned by one shareholder i.e. in the case of a single member company. In this case, the activities of the company will be restricted to one.

For further details, please do not hesitate to contact the firm’s tax and corporate services partner, Stephen Balzan, on sbalzanact.com.mt.

If I set up the company in Malta, what is the amount of share capital that is required to register the company? Can I have the share capital denominated in a currency which is not Euro?

The minimum share capital is of €1,165 which can be 20% paid up. This can be increased at any time after the incorporation of the company, but cannot fall below the minimum threshold. The share capital of the company can be denominated in any currency. The audited financial statements will then be prepared in the same currency and tax will also be paid in the same currency in which the company’s share capital is denominated.

Insights

Latest on this subject