Starting a business in Malta has never been easier, thanks to the ability to register a company remotely. With the rise of digital technology and streamlined processes, it's now possible to complete the entire registration process online, from anywhere in the world. In this article, we'll guide you through the steps to register a company in Malta remotely, so you can launch your business quickly and efficiently.
Step 1: Choose Your Company Structure
The first step in registering a company in Malta remotely is to choose the structure that best fits your business needs. The most common options are:
- Private Limited Liability Company (Ltd.)
- Public Limited Liability Company (plc.)
- Branch of a foreign company
- Sole proprietorship
For most businesses, a private limited liability company (Ltd.) is the most suitable structure.
Step 2: Choose Your Company Name
Once you've decided on your company structure, the next step is to choose a unique name for your business. This can be done online through the Malta Business Registry's website. The name you choose must not already be in use by another company in Malta, and it must comply with the Maltese Company Law.
Step 3: Prepare the Required Documents
To register a company in Malta remotely, you'll need to prepare and submit a number of documents, including:
- Memorandum and Articles of Association
- Identification documents for all directors and shareholders
- A declaration of compliance signed by the company's proposed director/s
- A certificate of good standing (if the company has been trading for more than 6 months)
- A power of attorney (if you're appointing someone to act on your behalf)
All documents must be in English or Maltese, and certified copies may be required.
Step 4: Submit the Application
Once you've prepared the required documents, you can submit your application online through the Malta Business Registry's website. You'll need to pay the required fees, which vary depending on your company structure.
Step 5: Wait for Approval
After you've submitted your application, the Malta Business Registry will review your documents and notify you of the outcome. If your application is approved, you'll receive a certificate of registration, which confirms that your company has been registered in Malta.
Step 6: Register for Taxes and Social Security
Once your company is registered in Malta, you'll need to register for taxes and social security. This can be done online through the Inland Revenue Department's website. You'll need to obtain a tax identification number (TIN) and register for Value Added Tax (VAT) if your business turnover exceeds the threshold.
Registering a company in Malta remotely is a straightforward process that can be completed entirely online. By following the steps outlined in this article, you can register your business quickly and efficiently, and start operating in Malta without delay.