When you are about to open a company in Malta, you need to deposit a minimum deposit. A Maltese or international bank opens a company account where you will deposit the minimum share capital on approval of the following documents:
•A completed Know your Client (KYC) form
•A completed request to open an account stating the type of account, the currency, and the preferred mode of tax payment
•A copy of the Memorandum and Articles of Associations
•Confirmation of the permanent address of the directors through an identification statement confirmed by the Maltese Embassy in the country of residence or a bank
•A form filled out and signed by the Directors appointing the bankers, given by the bank.
At NOVARIC® Ltd we can help you with this process. This can be a very laborious process.