How to Open a Company in Malta Online

VALETTA, Malta - Jan. 3, 2025 - PRLog -- Step 1: Choose Your Business Structure

- Private Limited Liability Company (Ltd) : Suitable for small to medium-sized enterprises.
- Public Limited Company (Plc) : Ideal for businesses looking to raise capital through public shares.
- Sole Trader : For individual entrepreneurs with less complex operations.
- Branch Office : For foreign companies looking to establish a presence in Malta.

Step 2: Prepare Documentation

1. Memorandum and Articles of Association : This outlines the company's objectives, structure, and governance rules.
2. Proof of Identity and Address : For all directors, shareholders, and the company secretary.
3. Company Name : Ensure the name is unique and compliant with Malta's naming regulations. You can check name availability online.
4. Shareholder Details : Including the number of shares they hold.
5. Registered Office Address : This must be a physical address in Malta, but it can be arranged through virtual office services if needed.

Step 3: Register with the Malta Business Registry (MBR)

1. Create an Account : Visit the MBR website and sign up for an account.
2. Fill Out the Online Application : Provide details about the company's name, directors, shareholders, and registered office.
3. Upload Required Documents : Submit digital copies of the Memorandum and Articles of Association, identity documents, and any other required forms.
4. Pay the Registration Fee : Fees range from €210 to €1,750, depending on the company's share capital.

The MBR typically processes applications within 48 to 72 hours.

Step 4: Obtain a Tax Identification Number (TIN)

Once your company is registered, you'll need a Tax Identification Number (TIN) from the Maltese tax authorities. This can also be done online through Malta's Inland Revenue Department portal. You'll need to provide your company registration number and other basic details.

Step 5: Register for VAT  If your company's annual turnover exceeds €35,000 (or €14,000 for services), you must register for Value Added Tax (VAT). This can be done online through the VAT Department portal. After registration, you'll receive a VAT number, which must be included on all invoices.

Costs Involved

Here's a breakdown of typical costs:
1. Company Registration Fee : €210–€1,750
2. Virtual Office Services : €50–€200 per month
3. Legal and Consultancy Fees : €500–€2,000
4. Bank Account Setup Fees : Varies depending on the bank
5. VAT Registration : Free

For more information visit at IMEX Malta (https://imexmalta.com).