Important Notice to Subject Persons and Administrators of Legal Organisations

Act XVII of 2020, amending the Second Schedule to the Civil Code (hereinafter referred to as the Second Schedule) has been published on 11th August 2020. This notice is being brought to the attention of all subject persons and administrators of legal organisations. By virtue of these amendments, the functions of the Registrar of Companies…

Update – Online Filing of Annual Return BO Confirmation

According to Legal Notice 247 of 2020, the Annual Return - BO Confirmation is required to be filed within 42 days from the made up date of the Annual Return. This Form can no longer be uploaded as part of the Annual Return process but instead can be uploaded from Online Filing - Form Beneficial Owners. Failure to submit…

ANNUAL GENERAL MEETINGS OF PUBLIC COMPANIES

The Companies Act (Public Companies - Annual General Meetings Regulations), 2020 is applicable to those public companies (hereinafter referred to as “company/companies”) whose annual general meeting was due during the global COVID-19 pandemic. Such regulations apply to those companies who have more than six (6) shareholders and due to the closing of certain venues and…

Disqualified Directors and Disqualification of Directors

The Registrar of Companies would like to inform the general public that by virtue of Act No. XXXI of 2020 Article 142 and Article 320 of the Companies Act have been amended. A person that has been convicted of any of the crimes affecting public trust or of theft or fraud or of knowingly receiving…

Companies Act (Shipping and Aviation Cell Companies) Regulations

The Minister for Economy, Investment and Small Businesses issued new regulations under the Companies Act entitled the Companies Act (Shipping and Aviation Cell Companies) Regulations. The purpose of these regulations is to create a new structure to be used by companies operating in the shipping and aviation field by means of cell companies. After the…

Notice to Officers – Beneficial Owner Forms

Changes to the Companies Act (Register of Beneficial Owners) Regulations, 2017 (hereinafter referred to as the ‘Regulations’) will become effective following the entry into force of Legal Notice 247 of 2020. This notice is being brought to the attention of all company officers and provides an overview of the regulatory changes being introduced. When submitting…

Appointment of Special Controllers in terms of Article 329B of the Companies Act

The Official Receiver is receiving applications from individuals interested in being appointed as Special Controllers to assist Companies facing financial difficulties. Individuals with 5 years proven experience in the administration of companies, or 2 years experience if they hold a bachelor's degree from a recognised university, are invited to apply by email sending a CV…

Register of Beneficial Owners (Associations and Foundations) – Amended Forms

The forms and the regulations relating to the Register of Beneficial Owners of foundations and association have been amended pursuant to Legal Notices 24 and 25 of 2020. As from first (1st) May 2020, the public is hereby advised to use the new Forms, which are available on our website under the Foundations and Associations…