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.
Please contact us if you have any questions or queries and your local representative will be in touch with you as soon as possible.
