Questions and answers about Corporate Law
What’s the difference between a voluntary winding up and being struck off? 1 answer
1 answerMy company in Malta has finished its purpose and I want to close it down properly rather than just letting it go dormant and risk penalties. I’ve seen references to both ‘winding up’ and being ‘struck off’ and I’m not sure which applies to my situation or what the actual difference is.
Shareholder is blocking every decision even though he owns a minority stake 1 answer
1 answerMy business partner and I set up a company together in Malta where I hold 70 percent of the shares and he holds 30 percent, but under the articles of association certain decisions need unanimous shareholder approval. He is now refusing to approve anything, including basic operational matters, seemingly out of spite after a personal disagreement. Can I do anything about this?
I want to start a small business in Malta helping foreign entrepreneurs set up local companies, essentially preparing documents and liaising with the registry on their behalf. Someone mentioned I might need a licence for this. Is that actually the case, or is this just general business consultancy?
Minority shareholder demands to see our financial records. Must I comply? 1 answer
1 answerI’m the majority shareholder and managing director of a company in Malta. A minority shareholder who owns about 15 percent and has never been involved in running the business is now demanding to inspect detailed financial records and correspondence. I feel like this is just an attempt to interfere. Am I obligated to give this access?
My Maltese company entered into a supply contract with a business based in another EU country, and the contract itself is silent on which country’s courts would handle disputes. They are now threatening to sue us in their home country instead of Malta. Can they actually do that?
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’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?
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?
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