In Malta, as in many jurisdictions, the legal framework governing businesses requires certain annual reporting obligations to maintain transparency and accountability.
One such requirement is the submission of Annual Returns to the Malta Business Registry (MBR) within stipulated timelines, accompanied by the necessary dues.
Annual Reporting Obligations
Upon the registration of a company, a series of ongoing obligations are set in motion, one of which is the submission of an Annual Return to the Registrar within 42 days of the ‘made up date,’ which typically coincides with the date of incorporation. This return serves as an overview of the company’s pertinent information from the preceding year.
The Annual Return must include important details such as the company’s name, registered address in Malta, authorised and issued share capital, shareholder information (including names, addresses, and shares held), director details, and particulars of the company secretary if applicable.
Submission Modalities and Fee Structure
Companies have the flexibility to submit their Annual Returns either in hard copy or electronically. However, regardless of the submission method, prescribed fees must accompany the Annual Return.
The fee structure is determined by the company’s authorised share capital, with variations delineated as per the scale provided by LEGAL NOTICE 354 of 2008, as amended by Legal Notice 381 of 2015, SUBSIDIARY LEGISLATION 386.03 COMPANIES ACT (FEES) REGULATIONS. Each entity is expected to fulfil its financial obligations in line with its authorised share capital.
Consequences of Non-Compliance
Timely submission of the Annual Return is important, as failure to comply attracts penalties. Delays beyond the stipulated 42-day window from the made-up date can lead to financial repercussions for the company. Penalties for late filing can be substantial, potentially reaching up to €2,329.37 per Annual Return.
To avoid such penalties, officers of defaulting companies are advised to engage proactively with the Registrar and seek a direction for penalty settlement.
All in All
Respecting the annual reporting requirements and payment of associated dues are important aspects of corporate governance and regulatory compliance in Malta. Companies must always fulfil their obligations at the right time and manner in order to uphold transparency, accountability, and the integrity of the business ecosystem. At the same time, by doing so, they safeguard their long-term interests and minimise compliance-related burdens.
English 
Danish 
French 
German