| SCF
Malta: Malta's Corporate Services
Providers |
| Malta
Company Redomiciliation |
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Under the Maltese legal framework, foreign companies
incorporated outside Malta may redomicile to Malta
without the necessity of winding up their affairs
in their jurisdiction. Thus this foreign company
can will then become a Maltese Company at with
full effects and thus can benefit from the same
tax treatment a Maltese Company enjoys.
Conditions for redomiciling from a foreign Company
to a Malta Company
The conditions for redomiciling from a foreign
jurisdiction to Malta are the following:
• the law of the foreign jurisdiction must
permit a company to migrate to other countries.
In this case to become a Malta Company
• the company's charter, memorandum or statute
must allow the company to migrate
• evidence from the foreign jurisdiction
that it has been informed that the company wants
to migrate to Malta
• proof that the shareholders, debenture
holders and creditors of the company have consented
to the migration in such numbers or proportion
as required by the foreign jurisdiction's law.
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Required Documentation
The documents necessary for redomiciling to Malta
are the following:
• a resolution of the shareholders of the
company authorising it to migrate to Malta
• a copy of the company's, memorandum which
must include all the details as are necessary
for registration of a company in Malta
• a certificate of good standing or equivalent
document issued by the jurisdiction where the
company is incorporated
• a declaration signed by the directors
of the company confirming:
• the name of the company and the name under
which it wants to register as a company in Malta;
• the jurisdiction where it is incorporated
presently;
• the date of incorporation;
• the decision to redomicile to Malta;
• (e) that the company has informed the
foreign jurisdiction of its intention to migrate
to Malta;
• (f) that no proceedings are pending against
the company for breach of laws of the foreign
jurisdiction
• a declaration signed by the directors
of the company confirming that the company is
solvent;
• a list of directors and company secretary
of the company and, if any, of the persons vested
with the administration or representation of the
company
Applications for re-domiciliation of a Company
to Malta will not be accepted if (thus not permissible
to become a Malta Company if :
1. Are in dissolution or are being wound up;
2. Insolvency proceedings, arrangements, compositions,
recovery and similar proceedings have been commenced
by or against them;
3. A liquidator or special administrator or receiver
has been appointed;
4. There is a scheme or order suspending or restricting
creditors’ rights;
5. There exist proceedings against it for breach
of any law in the country of its original incorporation.
Contact
us for more information as well as for a quote.
We will happily guide you through the Malta company
formation process and also advise you on the solutions
that would best suite your needs!. info@CompanyinMalta.com.
Or +356 21 378722
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