Before starting active operations in the financial market, before obtaining a license for certain types of activities, it is necessary to open an organization by registering it in accordance with the Maltese legal requirements:

1. Authorized capital from 125 thousand euros.
2. If the regulator perceives increased risks, the amount of authorized capital may be increased.
3. Having 2 executive directors and 1 director who must reside in Malta.
4. A package of documentation is collected for each share owner and manager: copies of passports, bank statements, recommendations. There are no restrictions on the number of owners (shareholders).
5. Availability of a Maltese office with a landline telephone, internet and permanent staff working at the office address.

The business owner himself may not be present at the opening of the company, transferring his powers to a trusted person. Since each case is considered individually, it is quite difficult to determine in advance the exact amount of capital sufficient for registration.

After registration, the amount of authorized capital determined by the MFSA must always remain in the organization’s account and not decrease. There are 2 types of fees for companies whose authorized capital exceeds 125 thousand euros: a registration fee of 890 euros and an annual fee of 600 euros. When registration has been successfully completed, it’s time to prepare documents for submitting an application for a license.