Malta Limited Liability Company (LLC)

The Limited Liability Company (LLC) is the most common form of business entity on Malta. A company may have the status of a public or a private company. The memorandum and articles of a private company must:

• Restrict the right to transfer its shares;
• Limit the number of members to 50;
• Prohibit any invitation to the public to subscribe for any shares or debentures of the company.

A Malta LLC can be used for international trade and the holding of investments and/or property. It requires a minimum of one shareholder, one director and a company secretary. There is also an annual accounting requirement.

The minimum authorised share capital for a private company in Malta is €1,165, of which 20% must be paid-up, while the minimum for a public company is €46,587, of which at least 25% must be paid-up.