Setting up a Malta Company with a Bank Account offers numerous benefits, making it a favourable choice for entrepreneurs and business owners worldwide. Opting for a comprehensive package that includes a bank account ensures a smooth transition into the Maltese market. This setup is particularly advantageous given Malta’s low effective tax rate of 5%, which can significantly enhance financial efficiency for businesses, especially those operating in the e-commerce sector. By leveraging Malta’s business-friendly environment, companies can achieve optimal operational benefits and strategic positioning within the European Union.
What is Included in the Malta Company with a Bank Account
When you choose to establish your Malta company with us, the following items are included in the initial fee:
- Registered Office Address and Agent
- Share Capital Registration
- Government Fees
- Certificate of Incorporation
- Memorandum and Articles of Association
- First Minutes
- Register of Directors and Members
- Courier of Documents at No Extra Cost
- Malta Bank Account Application
- Annual Fees for Year Two (Reminder and Additional Costs)
Expanded Details of What’s Provided
Registered Office Address and Agent
This serves as a legal requirement for all companies in Malta. Your company must designate this address as the official location for receiving legal correspondence. It ensures that your business complies with Maltese regulations, facilitating the proper receipt and handling of all official and legal communications. This requirement helps maintain transparency and accountability in your business operations.
Share Capital Registration
This process involves actively allocating and issuing company shares. Share capital represents the funding that company owners contribute. Additionally, it serves as the financial foundation for your business, reflecting the owners’ commitment and investment in the company’s success. This equity plays a crucial role in determining the ownership structure and voting rights within the company.
Government Fees
The Maltese government mandates and collects charges to register and maintain companies. These fees ensure that businesses adhere to national regulations and standards. Additionally, they help create a stable and reliable business environment by enforcing compliance, which promotes fair competition and economic growth. This system supports both the integrity and sustainability of the business sector in Malta.
Certificate of Incorporation
This document serves as vital proof of your company’s legal existence under Maltese law. It officially recognizes your business as a legitimate entity capable of performing legal and financial transactions. Furthermore, it is essential for establishing bank accounts, entering contracts, and ensuring compliance with all local business regulations. This certificate solidifies your company’s status within the business community and the broader economic landscape of Malta.
Memorandum and Articles of Association
These documents define your company’s structure and set forth its governance rules and regulations. They detail the scope of activities your company can engage in, ensuring all operations align with legal and regulatory frameworks. This foundational documentation guides the management and operational strategies, providing a clear blueprint for corporate conduct and decision-making processes.
First Minutes
First Minutes document the initial records of the company’s formal meetings, capturing key decisions and establishing the company structure. They serve as an official archive that outlines how foundational policies and procedures were set. Additionally, these minutes are crucial for legal and historical reference, ensuring transparency and accountability from the inception of the company. They provide stakeholders with a clear understanding of the organizational direction and governance practices established during the initial meetings.
Register of Directors and Members
The Register of Directors and Members lists all key individuals involved with your company, including directors and shareholders. It maintains accurate and up-to-date information on each party’s involvement, which is essential for corporate governance and compliance. Additionally, this register serves as a transparent record for regulatory bodies and potential investors, showcasing the leadership and ownership structure of the business. This documentation is crucial for maintaining accountability and facilitating effective management oversight.
Courier of Documents
We promptly and securely deliver all your essential company documents directly to you at no additional cost. This service guarantees that you receive all necessary paperwork in a timely manner, enabling you to proceed with business activities without delay. Our commitment to efficiency and security ensures that your documents are handled with the utmost care throughout the delivery process.
Malta Bank Account Application
Our service facilitates the opening of a bank account in Malta, which is crucial for managing your company’s financial transactions effectively. This process ensures that you can handle all monetary operations seamlessly, from daily expenses to international transactions. Additionally, having a local bank account enhances your company’s credibility and simplifies compliance with Maltese financial regulations. It serves as a foundational element for conducting business efficiently in both local and global markets.
Annual Fees for Year Two
To maintain your company in Malta, a fee of £900 is required in the second year, with an additional £75 compliance fee. We will remind you when these fees are due.
How to Order Your Malta Company
To place an order for your Malta company, simply select the desired package and add it to your cart. Provide your necessary details through our easy checkout process. Alternatively, you may choose to complete your purchase via bank transfer. For this option, please contact us to obtain our bank details. Additionally, it’s essential to understand that processing your order is contingent upon the receipt of original compliance documents. These documents are mandatory and required by regulatory authorities to proceed. Furthermore, once we receive these documents, we will promptly begin the setup of your Malta company. Please ensure that all documents submitted are complete and accurate to avoid delays. Importantly, if you have any questions about the required documents, do not hesitate to reach out. We are here to assist every step of the way. Also, remember that our support team is readily available to help streamline your experience.
Conclusion
Establishing a Malta company with a bank account is not only cost-effective but also benefits from a low tax rate and streamlined administrative processes. By choosing our service, you will receive comprehensive support and all necessary documentation to ensure your business is up and running with minimal hassle. Whether for e-commerce or as a strategic base in the EU, a Malta company provides significant advantages.
