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A director is empowered by law to oversee all aspects of the day-to-day running of the company and to exercise all powers that do not specifically require a shareholders' resolution at a general meeting in accordance with the articles of association or the Companies Act.
In today’s fast and competitive business world, Malta’s entrepreneurs and companies are taking the leap to outsourcing their company administration so they can focus on growing their business. When a company transitions from a startup into a fully-fledged business, tasks that were manageable when the business was smaller suddenly become a huge burden, eating into valuable time and over-stretching resources...
Malta is committed to enhancing its growing aviation register and is keen on becoming a service leader in aviation, Tourism Minister Karmenu Vella said this morning. He said Malta's aviation history goes back almost a century and how the country now had one of the largest aviation registers in Europe. Almost a third of the aircraft on this register are...
The Companies Act, Chapter 386 of the Laws of Malta (hereinafter the ‘Act’) differentiates between a private company and a private exempt company. In order for a company to acquire the status of an exempt company the following conditions should be present in the Memorandum and Articles of Association:
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