
Questions and answers about Corporate Law
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’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 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?
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?
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?
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?
Is a verbal agreement between business partners in Malta legally binding? 1 answer
1 answerMy business partner and I agreed verbally, before we even registered the company, on how profits would be split and who would handle which responsibilities. We never put it in writing. Now that the company has grown, he’s disputing what we originally agreed. Does a verbal agreement like this actually count for anything?
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