An established Maltese Shelf company is a ready-made business entity that has already been incorporated in Malta but has not conducted any business activities. This type of company is referred to as a “shelf” company because it is essentially sitting on a shelf, waiting for someone to purchase it and start using it for their business endeavors.
There are several advantages to purchasing an established Maltese Shelf company. Firstly, it saves time and effort in the process of setting up a new company from scratch. All the paperwork and legal requirements have already been completed, so the new owner can start operating their business immediately. This can be particularly advantageous for foreign investors looking to enter the Maltese market quickly and easily.
Additionally, purchasing a shelf company can provide a sense of credibility and stability to potential business partners, clients, and investors. Since the company has already been in existence for some time, it may be perceived as more trustworthy and reliable compared to a newly formed company.
Another benefit of buying an established Maltese Shelf company is the potential for tax advantages. Malta offers a competitive tax regime for businesses, including low corporate tax rates and other incentives that may be advantageous for the new owner.
Keypoints
- VAT number (Value Added Tax);
- PE number (Permission to Employ);
- Accounts;
- Financial Statements;
- Bank account with “Wise”;
- Annual returns & BO forms (declarations on Beneficial Owners).
Moreover there are no liabilities and vendor (seller) will guarantee same accordingly.
