Archive | Company law

MBR joins Corporate Registers Forum

May 05, 2022  |   Posted by :   |   Company law,Malta   |   Comments Off on MBR joins Corporate Registers Forum

The Malta Business Registry has announced that it has become a member of the Corporate Registers Forum, an association of international corporate registries. The association has the objective of providing its members with the latest developments relating to corporate business registers on an international level. The Corporate Registers Forum also aims to serve as a […]

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Amendments to the Companies Act; Act LX of 2021

November 12, 2021  |   Posted by :   |   Company law,Firm News   |   Comments Off on Amendments to the Companies Act; Act LX of 2021

Having been tabled to the House of Representatives, Bill 233 of 2021 has recently come into effect by virtue of Act LX of 2021 (hereinafter referred to as the “Act”). The Act has resulted in a number of introductions as well as significant amendments to the current legislative framework that regulates companies; the Companies Act, […]

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Regulations relating to digital tools in company law come into force

November 10, 2021  |   Posted by :   |   Company law   |   Comments Off on Regulations relating to digital tools in company law come into force

On 9 November 2021, the Companies Act (Use of Digital Tools and Processes) Regulations 2021, Subsidiary Legislation 386.25 (the “Regulations”) has come into force by virtue of Legal Notice 422 of 2021. The Regulations transpose Directive (EU) 2019/1151 of the European Parliament and of the Council of 20 June 2019 amending Directive (EU) 2017/1132 as […]

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Amendments to the Companies Act Proposed

July 30, 2021  |   Posted by :   |   Company law   |   Comments Off on Amendments to the Companies Act Proposed

Amendments are being proposed to the Companies Act, Chapter 386 of the Laws of Malta (the “Act”) through Bill No. 233 of 2021 (the “Bill”). These amendments deal with the required qualifications for an individual to be a director of a company, the registration of electronic addresses and the obligation of every company to have […]

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David Zahra on IFSP Panel on new CSP Rulebook

April 29, 2021  |   Posted by :   |   Company law,Seminars & Conferences   |   Comments Off on David Zahra on IFSP Panel on new CSP Rulebook

As the new Company Service Providers Rulebook was issued on 15th March 2021, and the impeding deadline for the filing of applications for new applicants (16th May 2021), a number of matters are left to be clarified. On 7 May 2021, the IFSP will be organising a session on the “CSP Rulebook and Applications: Q&A […]

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A new regulatory framework for Company Service Providers

March 22, 2021  |   Posted by :   |   Company law,Malta   |   Comments Off on A new regulatory framework for Company Service Providers

The Company Service Providers (Amendment) Act, 2020 (Amendment Act) was enacted last year through Act No. L of 2020. The Amendment Act has since come into force on 16 March 2021, introducing the new Company Service Providers (CSPs) regulatory regime. First and foremost, under the new CSP regime, CSPs shall now be ‘authorised’ by the […]

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National Foreign Direct Investment Screening Office set up

August 24, 2020  |   Posted by :   |   Company law,Malta   |   Comments Off on National Foreign Direct Investment Screening Office set up

Malta has set up the National Foreign Direct Investment Screening Office, intended to screen and vet potential applications for foreign direct investment into Malta. The scope and remit of the Office shall be to screen new FDI projects, joint ventures with a foreign component and the transfer of any shares and/or controlling interests in existing […]

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Cell companies introduced for shipping and aviation

July 21, 2020  |   Posted by :   |   Aviation,Company law,Shipping   |   Comments Off on Cell companies introduced for shipping and aviation

The introduction of the Companies Act (Shipping and Aviation Cell Companies) Regulations (the “Regulations”), has allowed companies in the shipping and aviation industry to create cell companies. Similarly, a company already engaged in such business may convert its structure into a cell company, provided that such change is authorised by the memorandum and articles of […]

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Grounds for disqualification of directors widened

July 14, 2020  |   Posted by :   |   Company law   |   Comments Off on Grounds for disqualification of directors widened

Following the implementation of Act No. XXXI of 2020 (the “Amendments”), the Companies Act (Cap 387 of the laws of Malta) (the “Act”) has undergone several amendments in relation to the disqualification of directors. Prior to the Amendments, the grounds for disqualification of a director were limited to interdiction, incapacitation, minors (if not emancipated), a […]

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Additional BO obligations introduced

July 14, 2020  |   Posted by :   |   Company law   |   Comments Off on Additional BO obligations introduced

The coming into force of Legal Notice 247 of 2020 has made further amendments to the Companies Act (Register of Beneficial Owners) Regulations, 2017 (the “Regulations”). Whilst previously, the Regulations imposed no annual filing requirement in relation to beneficial ownership information, the newly introduced Regulation 6A stipulates that  upon  each anniversary from a company’s date […]

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