MAIN TYPES OF CORPORATE FORMS
Malta offers investors an EU-compliant domicile for business entities or corporate structures. Business may be conducted in a variety of forms: a sole proprietorship, a partnership, a limited liability company (private or public), a branch of a foreign company, a trust, a cooperative, an investment company with variable capital (SICAVs), a protected cell company or an incorporated cell company. Most entrepreneurs opt for the limited liability company. Partnerships are common in the professional services sector, SICAVs are the vehicle of choice for funds, and the protected cell company is common in the insurance sector.
REGISTERING A COMPANY
Incorporating a company in Malta is relatively easy. The principal legislation covering companies and partnerships is the Companies Act (1995), modelled on the UK Companies Act and European law. Every company registered in Malta must have a registered office in the country. Companies are required to submit a valid memorandum and articles of association, normally subscribed by at least two persons. Under certain conditions, it is also possible to register single-member companies. Firms are registered with the Registry of Companies which is based at the Malta Financial Services Authority, and the incorporation procedure usually takes one week.