Legally compliant management of a Maltese limited company
The days of letterbox companies are behind us. Today, the formation of a limited company must be accompanied by a legally secure formation agreement. Constructs with a foreign LP, a partner holding company, are legally not secure. They are usually not recognised by banks or the tax authorities. The management of Maltese companies must also comply with the applicable law in Europe. What is legal in Malta is not necessarily also valid law in Germany or Austria.
Avoid trouble right from the start. The authorities require complete proof that a limited company is managed in accordance with the rules and regulations. We ensure that you take care of your core competence and have you covered.
This is the only way to guarantee the tax refund and thus the tax advantage of a limited company, which is particularly important to bear in mind before setting up a company in Malta.
We are responsible for the day-to-day supervision of business operations. We have in-depth knowledge of the entire company and the tasks of all employees. We also monitor employee performance and take corrective action when necessary.
Companies are checked for substance.
The tax reform in 2025 will give the authorities the opportunity to properly determine the origin of funds before a tax refund is made to companies. However, a company with a registered office will not be enough in the future.
Every company registered in Malta now needs a registered address at which the company is registered. This address must be licensed with the supervisory authority.
Our office in Mosta is the office address, as it has three floors for around 60 workstations. This is the only way to meet the legal requirements. It is more important than ever to prove the substance of the company. However, this is not possible if there is only the registered address.
Companies are checked for their substance. Does the company have employees, an office, an accounting department and where does the company management work? These requirements are the minimum needed to operate in compliance with the law.
Submitting VAT returns on time, filing annual returns on time, documenting business transactions and giving the Limited the necessary substance.
If the mandatory deadlines for the tax returns for 2022 and 2023 have not yet been submitted, you should act quickly. Especially if you hear from your Maltese tax advisor that this is not a problem in Malta.
