“Registering Your Business in Malta: A Step-by-Step Guide
Step 1: Choose the Right Business Structure When considering business registration in Malta, it’s crucial to select the most suitable business structure. Malta offers several options, including:
- Limited Liability Company (LLC)
- Malta Freeport Company
- Public Limited Company (PLC)
- Branch Office
- Representative Office
Our team at Fionza Consultants starts by understanding your unique business model, needs, and objectives. Based on our assessment, we recommend the ideal business structure for your venture. For many smaller businesses, the Limited Liability Company (LLC) is a popular choice due to its tax advantages. We’ll also provide guidance on paid-up share capital, company structure, relevant legislations, and any necessary licenses.
Step 2: Reserve Your Company Name Once you’ve chosen a business name, Fionza Consultants will assist in reserving it with the Malta Business Registry. Upon approval, your reserved name will be valid for up to 3 months.
Step 3: Prepare Supporting Documents Before proceeding with company registration in Malta, you’ll need to furnish a list of required Know Your Customer (KYC) documents, including director names and identification proof. Additionally, you’ll need to complete an application form. Fionza Consultants will use these documents to draft and notarize the company’s Memorandum and Articles of Association. Depending on your business activity and structure, we’ll also prepare articles of incorporation, a business plan, and other relevant incorporation documents.
Step 4: File for Registration Fionza Consultants will handle the registration process with the Malta Business Registry, submitting the application form online. Once approval is granted, we’ll courier the company registration certificate, Memorandum and Articles of Association, and other essential documents to your chosen address.
Step 5: Open a Corporate Bank Account Post-registration, Fionza Consultants will guide you through the process of opening a corporate bank account. We have established partnerships with reputable banks in Malta and globally. Our team will introduce your business to relationship managers and compliance teams to facilitate the account setup.
Step 6: Manage Financial Reporting and Taxation Obligations Continuing to legally conduct business in Malta means staying compliant with financial reporting and taxation requirements. Fionza Consultants offers comprehensive accounting and tax services to ensure your compliance with regulatory obligations. Our dedicated consultants will handle tasks such as preparing financial statements, corporate tax returns, and managing bookkeeping on your behalf. In Malta, the corporate tax rate is 35%, and the VAT rate is 18%. Our consultants are available to address any queries you may have regarding your company’s obligations.