Company Registration Cost in Malta in 2023-24
The Republic of Malta is a small country with beautiful architecture and a friendly population. It is located in central Italy, a part of the Maltese archipelago.
Malta’s strategic location in the Mediterranean Sea gives it an advantage over its European counterparts. Malta is barely a few hours away from major European capitals and Northern Africa.
Malta has over 70 Double Taxation Avoidance Agreements signed with different nations to protect industries from double taxation. This makes it attractive for foreign investors to open a company in Malta.
The registration of private and public companies in Malta is relatively fast, but it is very crucial to have prior knowledge of company registration costs in Malta.
Through this article, we will be discussing the company registration cost in Malta. So, without any pause, let’s dive into it.
Factors That Affect Company Registration Cost in Malta
The company registration cost in Malta varies depending on several factors, including the type of company being registered, the number of shareholders, and the services being used.
On average, the company registration cost in Malta ranges from €1,000 to €3,000, depending on the complexity of the registration process.
One of the most popular forms of firms to register in Malta is the private limited liability company (Ltd.). The cost of registering an Ltd. in Malta typically includes the cost of notary fees, company formation services, and commercial register fees, which can range from €500 to €1,500.
In addition to these costs, there are also ongoing costs associated with running a company in Malta, including taxes, accounting and legal fees, and insurance. It is crucial to assess these expenses when planning the budget for a new company.
One of the biggest expenses associated with registering a company in Malta is the minimum share capital requirement, which is €1,165 for an Ltd. This capital must be fully paid in before the company can be registered and must be held in a bank account in Malta.
Additional Expenses for Company Registration cost in Malta
For foreign investors who are interested in Malta company incorporation, it is worth looking at a few of the additional expenses which will arise as a company registration cost in Germany.
Register fee
The standard registration fee is EUR 245 and it can vary depending on where the business is located.
Virtual office costs
€55 to €99 per month is the approximate cost of virtual offices.
Accounting costs for your business
Businesses in Malta are obligated to keep accurate accounting documents and to create yearly financial reports. Based on a number of factors, including the size and number of employees in the business, the price of accounting services and statutory audits may change. Accounting costs for your business can start from EUR 50/month which includes services like bookkeeping services, tax advice, and many other services.
Physical Office
The cost of this might range from EUR 400 to EUR 180, based on the office location.
Charges for Professional Services
When forming a business in Malta, it’s standard practice to charge fees for using an expert corporation or business formation agency. These experts support you with the application procedure while ensuring that all legal criteria are met. The cost of professional assistance varies according to the extent of the assistance offered and the difficulty of the procedure for registering.
Conclusion
Company registration cost in Malta can vary depending on the type of company, the services being used, and the size of the company. On average, the company registration cost in Malta ranges from €1,000 to €3,000 and includes notary fees, company formation services, and commercial register fees. While registering a company, it is beneficial to keep in mind the numerous factors that can help you decide the cost of forming a business in Malta, such as business office fees, bank account requirements, business registration fee, fees for engage a professional service, accounting and bookkeeping services and so on.
If you have any concerns or have doubts about the company registration cost in Malta and would like to know more, you can reach out to us at Odint Consulting. Our team of professionals are here to assist you with every question.
FAQ’s
The company registration cost in Malta is about EUR375. Regardless, it may differ relying on where the business is located.
Yes, a foreigner can open a Malta business and foreign ownership is not restricted to Malta.
Income tax is a flat rate of 35% for companies and there is no separate corporate tax structure from income tax.
The minimum share capital required to open and register a business in Malta is EUR1,165.
A minimum investment of EUR600,000, if you have completed 36 months of residency in Malta, or EUR750,000 if you have stayed in the country for 12 consecutive months.
