A public or private limited liability company registered and incorporated in Malta has a legal personality distinct from that of its members and capital which is divided into shares held by its said members – whose liability is limited to the amount, if any, unpaid on their shares.

A company is typically incorporated within 2 working days pursuant to the preparation of its Memorandum and Articles of Association, the execution of the said Memorandum and Articles by the company’s members and the submission of the same for registration and publication by the Malta Registrar of Companies.
A private limited liability company (the most widely used corporate entity in Malta) must have a minimum authorised and issued share capital of €1,165 – of which 20% must be paid up. The said capital must be subscribed by at least two persons although single member companies are permitted provided that the said single member is an individual and/or subject to additional prescribed restrictions.
In addition, a private limited liability company must have at least one director and a company secretary.