Malta
These companies are registered under the Companies Act 1995.
Name - An application is filed at the Malta Financial Services Authority and the name must not be similar to any already existing company.
Type of company - The most common types of companies registered are Limited Liability Companies.
Taxation - Holding companies are exempt from taxation and trading companies have a low effective tax of up to 5%.
Annual license fee - An annual licence fee of EUR 270 is payable to the Malta Financial Services Authority.
Registered office - It must be situated in Malta.
Members/Shareholders - The minimum number is two.
Public access - The records maintained at Malta Financial Services Authority are open to the public.
Directors - The minimum number is one.
Secretary - It is obligatory to appoint a Secretary.
Share capital - The minimum share capital required is Euro 1800.00.
Annual Return Filing - There is an obligation to file the annual return with Malta Financial Services Authority.
Financial Statements - There is an obligation to prepare and file audited financial statements annually with the Tax Authorities.
For further information please contact us at info@spyrides.eu