| General
Information |
| Time
needed for incorporation |
48
hrs |
| Time
for receipt of official company documents |
5
days |
| Shelf
companies possible? |
No |
| Bearer
shares allowed? |
No |
| Migration
of domicile possible? |
Yes |
| Company
Minimum Requirements |
| Issued
share capital |
Euro
1250 (or equivalent in any currency) |
| Number
of shareholders |
One |
| Nominee
shareholders allowed? |
Yes |
| Number
of directors |
One |
| Corporate
directors permitted? |
Yes |
| Nominee
directors allowed? |
Yes |
| Local
directors required? |
No
but strongly advised |
| Local
meeting required? |
No |
| Local
company address required? |
Yes |
| Resident
company secretary required? |
Yes |
| Taxation |
| Corporate
tax rate |
Zero,
5% or 10% depending on source of income (see our Taxation
and VAT pages) |
| Ordinary
tax base |
Global
income |
| Withholding
tax on dividends |
None |
| Withholding
tax on interest |
None |
| Withholding
tax on licence fees and royalties |
None |
| Double
taxation treaties |
Treaties
with 42 countries |
| Value
Added Tax rate |
18%'
VAT is EU compliant. VAT numbers can only be obtained if
the management and control of the company is in Malta |
| Disclosure
and Reporting Requirements |
| Disclosure
of beneficial owner to Company Registrar |
No,
if using nominees |
| Public
register of directors and shareholders |
Yes |
| Annual
return |
Yes |
| Submission
of accounts |
Yes |
| Audit
required? |
Yes |
Residence