Questions and answers about Corporate Law
Do I have to disclose who owns my company on the beneficial ownership register? 1 answer
1 answerI’m setting up a private company in Malta and I’ve heard I need to register something called beneficial ownership information. I’d prefer to keep my ownership relatively private if possible. What exactly has to be disclosed and to whom?
I’m a director of a small limited company in Malta that has been struggling financially and is now behind on payments to a supplier. The supplier is threatening to come after me personally rather than just the company. I thought the whole point of a limited company was that my personal assets were protected. Is that not always true?
I’m a director and minority shareholder of a company in Malta, and the other shareholders, who together hold a majority, are now threatening to remove me from my director position after a disagreement over business strategy. Can they actually do this without my agreement?
I’ve been running a small trading business in Malta as a sole trader for about a year and it’s grown to the point where I want the liability protection and structure of a limited company. Can I just convert my existing business, or do I need to start a completely new company and somehow transfer everything over?
I run a small company in Malta and I’m relocating my office from Gzira to a new address in Msida. I know I need to update this somewhere official but I’m not sure exactly what the process is or whether there’s a deadline.
What happens if my company misses the audited accounts filing deadline? 1 answer
1 answerOur company in Malta is a bit behind on preparing audited financial statements for the last financial year, mostly due to delays on the accountant’s side. I’m worried about what penalties we might be facing and whether this could escalate into something more serious for the company or for me as a director.
I’ve just been appointed company secretary of a small private company in Malta, mostly as a formality since I’m also a shareholder. I don’t have a clear picture of what this role actually legally requires of me day to day, beyond just being a named position on paper.
Can two directors sign an important contract without a board resolution? 1 answer
1 answerOur company in Malta has three directors, and two of them recently signed a significant supply agreement on the company’s behalf without holding any formal board meeting or passing a resolution. The third director, who wasn’t consulted, is now questioning whether the contract is even valid. What does Maltese company law say about this?
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