Questions and answers about Corporate Law
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?
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.
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?
A company I used to direct in Malta was struck off the register a few years ago after we stopped trading and simply let the annual returns lapse. I recently realised there was still a small balance left in the company bank account that nobody ever dealt with. Can I still access that money now?
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 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?
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?
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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