A limited liability company is one of the most popular business forms registered in Malta. This acts as a seperate entity from that of its shareholders and attracts hundreds of foreign investors, due to its attractive tax treatment.
Malta, a business hub in the centre of the Mediterranean, attracts many foreign entrepreneurs to carry out their business activities and invest in Malta. Apart from the many incentives offered, the island also acts as a gateway to the European Union.
Maltese foundations are also known as non-profit organiszations(NGO’s). Their popularity increased in Malta over the years, due to an attractive regulatory regime in the Civil Law and Voluntary Organisations Act. This was adopted in 2008 and is the same law that regulates the fiduciary obligations and trust in Malta. One of the main differences of a foundation when compared to a regular organisation is that, they must be set up for their legal personality and in some cases, they can also be utilised as a shareholder in a Maltese limited liability company.
A shelf company in Malta is also known as an aged Maltese company. An old Maltese company is a company that has been dormant for a while. Such a company is characterized by inactive shareholders who are willing to offload it as a shelf company. In layman’s language, the company was formed and placed on a “shelf” to age. A shelf company is sold to someone who wants to buy an aged company rather than registering a company in Malta.