Company formation in Malta
Private limited company (Ltd)
Legal minimum, year 1£2,695
Legal minimum, per year after£1,385
Typical year 1£5,653
Corporation tax35%Ease Banking
Every fee
Setting up
Government fee£210
From €245 (scales with capital)Corporate service provider formation£700 to 1,300
Required
Registered office and secretary£400 to 900
Required
Local director£0 to 1,000
OptionalCommon for substance
Share capital€1,165 (20% paid up)
Time to form1 to 2 weeks
Running it, per year
Annual return£85 to 300
RequiredScales with capital
Statutory audit£900 to 2,500
RequiredMandatory for every company
Registered office and secretary£400 to 900
Required
Accounting£0 to 1,500
Practically needed
Legal minimum after year 1£1,385
Audit: Mandatory for all companiesForeign ownersNo legal requirement; local directors usual for substanceRemote via a corporate service provider
Tax35% headline; about 5% effective after shareholder refundDividend withholding: 0%VAT/GST: 18%
BankingBank accounts take 6 to 12 weeks and are often refused
Refund system means cash flow lag of several months.
Questions
- How much does it cost to set up a company in Malta?
- The legal minimum for the first year is £2,695, counting only what the law requires and doing every filing yourself. A typical first year, with an accountant, costs about £5,653. The government fee is £210 (From €245 (scales with capital)). Share capital is not included.
- How much does it cost per year to run a company in Malta?
- The legal minimum after the first year is £1,385 a year. Running costs including optional and practically needed services range from £1,385 to 5,200. Audit: Mandatory for all companies.
- Do I need a local director in Malta?
- No. No legal requirement; local directors usual for substance.
- Can a non-resident form a company in Malta remotely?
- Yes. Remote via a corporate service provider.
- What is the corporation tax rate in Malta?
- 35% headline; about 5% effective after shareholder refund. Dividend withholding: 0%. VAT/GST: 18%.
- How long does it take to form a company in Malta?
- 1 to 2 weeks.
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