Malta Private Limited Company

malta private limited company

A private limited company can be set up in the form of two differing corporate vehicles in Malta as defined by Maltese legislation. The law provides for a choice of a private limited company or a private exempt limited company and in the main the two corporate vehicles are similar in their set up and operation with a few key differences.

Private Limited Company – Key Points

  • The objects in a private limited company can be unlimited but must be specified in the memorandum and articles of the company.

  • The private limited company must have at least one director which can be a natural person or a legal entity.

  • The company secretary of the private limited company in Malta has to be at least one natural person and cannot be the director.

  • There needs to be at least two shareholders of a private limited company up to a maximum of 50 persons.

    Private Exempt Limited Company – Key Points

  • The objects in a private exempt limited company can be unlimited but must state a primary purpose for the company and this must be specified in the memorandum and articles of the company.

  • The private exempt limited company must have at least one director which has to be a natural person. Legal entities are not permitted to act as a Director in a private exempt limited company.

  • The company secretary of the private exempt limited company in Malta has to be at least one natural person and can be the director.

  • There needs to be at least one shareholder of a private limited company up to a maximum of 50.

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    Are you considering setting up a Private Limited Company in Malta?

    When setting up a company in Malta, it is always sensible to seek advise as to which type of private limited company suits your requirements and business objectives better.

    For information please contact us and we will arrange a consultation to understand your needs. Simply complete the form below and one of our team will be in touch within 24 hours

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