Declaration on Beneficial Owners

Companies and other commercial partnerships registered in Malta prior to 1st January 2018 are required, in terms of regulation 8 of the Companies Act (Register of Beneficial Owners) Regulations, 2017, to set up their own register of beneficial owners by the end of June 2018. These companies are furthermore required to submit to the Registrar…

Important Notice to company directors and company service providers

Attention is drawn to the recently issued Legal Notice regarding information on the beneficial ownership of commercial partnerships. The Companies Act (Register of Beneficial Owners) Regulations, 2017 will come into force on 1st January 2018 and will implement the relevant provisions on beneficial ownership information of Directive (EU) 2015/849 of the European Parliament and of…

The Companies Act (Register of Beneficial Owners) Regulations, 2017 – Registration of new companies as from 1st January 2018

As from 1st January 2018 the documents to be delivered to the Registry of Companies for the registration of a new company are to include a declaration, in the form prescribed (Form BO1), containing information on the beneficial owners of the company. This declaration is to be signed by two of the proposed directors of…