Malta Limited Liability Company

A limited liability company incorporated in Malta may be either a public or a private limited liability company. The liability of the shareholders in a Malta Limited Liability Company is limited to the amount, if any, of unpaid on the shares respectively held by each of them.

The main differences between the private and public limited liability company is the fact that a private company must limited the number of its shareholders to 50 and it cannot offer its shares to the general public.

A Private Limited Company

A Private limited Company must:

  • Have the name of the company ending with ’limited’ or abbreviated to ‘ltd.’;
  • Have an Authorised Share Capital of at least €1,200 of which at least 20% must be paid up;
  • Only one director is necessary; and
  • Only one shareholder is necessary (not more than 50).

A Public Limited Company

A Public limited Company, is a Company that does not qualify as a Private Company. A Public Limited Company may offer its shares or debentures to the public but it may not issue any form of application for its shares or debentures unless the Company is registered and the issue is accompanied by a prospectus. A Public Limited Company must:

  • Have the name of the company ending with ’public limited company’ or abbreviated to ‘p.l.c.’;
  • Have an Authorised Share Capital of at least €46,600 of which at least 25% must be paid up;
  • Must have at least 2 directors;
  • Must have at least 2 shareholders