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FAQ's

At GM Corp. we recognised the importance of sharing information. We therefore decided to convert some of the more regular queries we receive into our very own Frequently Asked Questions (FAQs) section. We hope this section is of use to you and we genuinely encourage you to keep on submitting your queries.

GM Corporate and
Fiduciary Services Ltd.
147/1, St. Lucia Street,
Valletta VLT 1185, Malta.
+(356) 2123 5341
info@gmint.com
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FAQ's
Q:

Who may incorporate a company?

A:

A limited liability company may be registered by the shareholders or their authorised agent.

Q:

How long does it take to incorporate a company?

A:

The length of time to incorporate a company depends on the type of company being incorporated and on whether all information and documentation is available and in order. Once all the documentation and information is in order and passed on to the Registrar of Companies, the process may take from as little as 24 hours. 

Q:

Is it possible to have the registered office outside of Malta? 

A:

Every company registered in Malta must have a registered office in Malta. Any changes to the company's registered office must be notified to the Registrar of Companies.

Q:

What is the minimum number of shareholders allowed to incorporate a company?

A:

The minimum number of shareholders is normally two; however, a ‘single member company’ may also be registered. On the other hand the maximum number of shareholders for a private company is fifty. There is no maximum number of shareholders for a public company. 

Q:

What is the minimum number of directors allowed to incorporate a company?

A:

Every private company must have at least one director whilst every public company must have at least two directors. It is worth mentioning that every company must have a company secretary. Furthermore, no company may have:
a) as company secretary its sole director (unless the company is a private exempt company)
b) as sole director of the company a body corporate, the sole director of which is company secretary to the company.

Q:

What is a company return?

A:

All companies must prepare an annual return upon each anniversary of its registration. The Company Return must be filed with the Registrar of Companies within 42 days after the date to which it is made up, against a payment which is determined upon the authorised capital of the company.

Q:

What is the deadline for submitting the company’s annual accounts?

A:

Companies are also required to file a copy of the annual accounts, which are generally accompanied by a copy of the auditors' report and the directors' report. The annual accounts must be filed within 10 months from the end of the financial year, with a grace period of 42 days.

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