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A Step-by-Step Guide to Opening a Company in Malta (2025 Update)

10/05/2025|FM Consultancy|

Malta continues to attract entrepreneurs and investors thanks to its strategic location, EU membership, favorable tax system, and pro-business regulatory environment. Whether you’re starting a local operation or looking to base your international venture in the Mediterranean, Malta offers a solid foundation.

In this guide, we’ll walk you through the step-by-step process of opening a company in Malta, including requirements, timelines, and tips to make your business setup smooth and stress-free.

Step 1: Choose the Right Company Structure

Before you start filing paperwork, it’s important to decide what kind of business structure suits your needs. In Malta, the most common types of entities are:

  • Private Limited Liability Company (Ltd) – Ideal for SMEs, requires a minimum of one shareholder and one director.
  • Public Limited Liability Company (PLC) – Suitable for large enterprises planning to list shares or raise capital.
  • Sole Trader / Self-Employed – For individuals offering services or freelancing.
  • Partnerships (En Nom Collectif or En Commandite) – Less common, used for joint ventures.

Pro tip: Most foreign-owned businesses in Malta choose a Private Ltd company for its flexibility, protection, and simplicity.

Step 2: Reserve Your Company Name

You’ll need to choose a unique name for your business. The name must not be too similar to any existing Maltese company and must not contain sensitive or misleading words.

Use the Malta Business Registry (MBR) online system to check availability and reserve the name.

Timeframe: Usually within 24–48 hours.

Step 3: Prepare the Necessary Documentation

To register a company in Malta, you’ll need the following core documents:

  • Memorandum and Articles of Association
  • Details of shareholders and directors
  • Registered office address in Malta
  • Proof of identity and residence for all involved parties
  • Share capital details (min. €1,165 for a private Ltd company, 20% of which must be paid up)

If you’re working with a corporate service provider (like FM Consultancy 👀), these documents are typically handled for you.

Step 4: Deposit the Share Capital

You must open a temporary bank account in Malta in the company’s name and deposit the minimum required share capital. A certificate of deposit from the bank will be needed for the company registration.

After the company is officially incorporated, this account can be converted into an operational business bank account.

Step 5: Register the Company with the Malta Business Registry (MBR)

Now it’s time to formally register the company with the MBR. You’ll need to submit all documents mentioned above, along with the registration fee (usually between €245–€1,750 depending on share capital).

Once the MBR approves your documents, you’ll receive the Certificate of Incorporation — your company is officially born.

Timeline: Usually 2–5 working days.

Step 6: Obtain a Tax Identification Number (TIN)

Once the company is incorporated, you’ll need to register with the Commissioner for Revenue to obtain a Tax Identification Number (TIN). This is mandatory for corporate tax filing, VAT registration, and employer responsibilities.

Step 7: Register for VAT (If Applicable)

If your company expects to exceed the VAT registration threshold (€35,000 for services or €30,000 for goods), you must register for a Maltese VAT number.

Even if you’re not legally required to register, doing so can make you appear more professional — especially when dealing with EU clients.

Step 8: Register as an Employer and for Social Security (if hiring)

Planning to hire staff? You must register as an employer with JobsPlus and notify the Inland Revenue Department. This will involve:

  • Enrolling in Malta’s payroll system
  • Withholding social security contributions
  • Ensuring compliance with employment laws and minimum wage

You must also comply with leave entitlements, contractual obligations, and health & safety standards.

Step 9: Set Up Your Business Bank Account (Permanent)

Once your company is registered and the share capital account is converted, you’ll want to fully activate your business bank account. Some common Maltese banks include:

  • Bank of Valletta
  • HSBC Malta
  • APS Bank
  • MeDirect

Opening a bank account in Malta can be a bit bureaucratic — expect strict KYC and due diligence, especially for foreign shareholders.

Step 10: Stay Compliant

Your company will need to meet ongoing legal obligations, such as:

  • Annual returns to the MBR
  • Annual financial statements signed off by a certified auditor
  • Corporate tax returns
  • VAT filings (if registered)
  • Payroll and employment filings (if applicable)

Failure to comply can lead to penalties or legal issues, so working with a trusted local advisory or compliance partner is highly recommended.

Bonus: Get Help from Local Experts

While it’s possible to set up a company in Malta solo, most entrepreneurs and businesses prefer to work with a corporate services provider. The right partner can:

  • Handle paperwork and bureaucracy
  • Provide a registered office address
  • Offer tax and compliance advice
  • Ensure fast and hassle-free setup

FM Consultancy offers tailored business setup packages — from company formation to licensing, accounting, and beyond.

Final Thoughts

Setting up a company in Malta is a strategic move for anyone looking to tap into EU markets while enjoying a business-friendly, low-tax environment. By following the above steps and staying informed on regulatory changes, you can position your company for long-term success in the heart of the Mediterranean.Got questions or need assistance with your company setup in Malta? Contact FM Consultancy today — we’ll help you set sail in the right direction.