Malta
Malta is ranked among the most prosperous countries in the European Union and classified as an advanced economy by the international monetary fund and the world bank. Malta has become a thriving business centre for the funds, corporate, trust and fiduciary industries while its financial services and fintech sectors enjoy rapid growth.
Features
- Incorporating a company in Malta is relatively easy and only takes about a week. The Maltese legal structure is a hybrid system of Civil and Common law.
Restrictions
- There are no specific restrictions on trading imposed on Maltese Companies. However, it must be noted that companies involved in particular spheres of economic activity may require a license before commencing their activities. Such activities would include investment services, insurance business, other financial services and also gaming activities, to mention a few.
Powers Of Company
- A Maltese company may exercise all those powers outlined in the Memorandum and Articles of Association of the Company.
Directors
- Companies must appoint at least one director (two in the case of a public company), residents or non-residents, local or foreign corporations.
Shareholders
- The minimum number of shareholders is normally two; however, a “single member company” may also be registered, subject to the satisfaction of certain requirements.