Company Formation and Registration in Malta Incorporation: A limited liability company may be registered by the shareholders or their authorised agent. In practice, through our team of lawyers and accountants, we will carry out all necessary formalities in order to have the company incorporated. Subscribers may be individuals or corporate. Nominee shareholding is also permissible through the services of our nominee company licensed by the Malta Financial Services Authority. Capital Requirements: The Minimum issued share capital of a company is the equivalent of Lm 500 expressed in any convertible foreign currency. At least 20% of the issued share capital has to be paid upon incorporation. Shareholding: The minimum number of shareholders is normally two, however a “single member company” may also be registered under the Maltese Companies Act. Through our licensed nominee company, we can offer the services of nominee shareholding for those persons who wish to avail themselves of said services. Participation in Maltese companies by residents of the European Economic Area (EEA) is completely unrestricted. Where non-EEA residents are concerned, prior clearance by the Registrar of Companies would have to be obtained. Non-EEA residents are thus required to submit a satisfactory bank or other reference from a reputable referee of standing (such as a bank or other financial institution. Registered Office: Every company registered in Malta must have a registered office in Malta. Our company can offer, at the client’s option, back office services including the registered office as required by law. Directors and Secretary: All companies must have at least one director and a secretary. At the client’s option, we can offer the services of nominee director and company secretary through our licensed nominee company. Time Required for Incorporation: The length of time to incorporate depends on the type of company and on whether all information and documentation is available and in order. The process may take from as little as 24 hours. Company Returns: Annual returns are to be filed annually by all onshore companies. Annual returns must be sent to the Registrar of Companies accompanied by a payment depending on the authorised share capital. This varies between Lm 70 - Lm 420. Registration and Fee Structure Once the constitutive documents of the Company (i.e. the Memorandum and Articles of Association of the company) are drafted, a copy of same is forwarded to the Registrar of Companies for registration. Evidence, in the form of a bank deposit slip showing that the paid up share capital of the company has been deposited at the bank, must be produced together with said Memorandum & Articles of Association. Upon registration, the Registrar will issue a certificate of registration, showing that the company has been officially registered. A record of all company registrations is available for public inspection. The fees payable by a company to the Registrar of Companies upon registration are calculated according to the company’s authorised share capital and vary from Lm150 to a maximum of Lm750. SERVICES OFFERED BY JACS INTERNATIONAL LTD - Reservation of proposed Company name with the Registrar of Companies - Drafting of Memorandum & Articles of Association of the proposed company - Liaising with the appointed bankers for the purpose of effecting initial share capital deposit and for opening company’s bank accounts - Registration of Company with the Maltese Registrar of Companies - Liaising with Registry of Companies for obtaining certified copies of Memorandum & Articles of Association - Introduction and liaising with company auditors and accountants for the purposes of filing annual returns and financial statements of the company - Nominee services by our licensed nominee company - Back office services Additional Services for the purposes of an International Trading Company: - Application to the International Taxation Unit at the Malta Financial Services Authority for exemption from duty on documents and transfers and from capital gains tax - Application to the Commissioner of Inland Revenue for an Advance Revenue Ruling on the ITC status of the company. 
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