Transfer of shares in Malta companies – private limited companies

Transferring of shares in private limited companies in Malta is a simple and straightforward process.

Following the drafting of the share transfer agreement, one is to submit to the Malta Commissioner for Revenue a statement prepared by a Certified Public Auditor stating whether the transfer of shares constitutes the transfer of a controlling interest in the Malta company or not; this statement must also include the grounds on which it is based.

 Should the transfer of shares be the transfer of a controlling interest, the auditor’s statement shall be made on the form prescribed and shall include a computation of the market value of the shares in terms of the relative regulations.

Should the company own immovable property, then, where applicable, there shall also be the included an architect’s evaluation of the market value of such immovable property. 

This statement must then be submitted to the Capital Transfer Duty Department together with the payment, by the transferor of any provisional tax due on the transfer in accordance with Article 43 of the Income Tax Management Act.

Know the Basics of Malta Travel and Maltese Passport

Malta is one of the best tourist destinations because of the sun. The sun and warm climate are not the only things that attract many people to Malta to enjoy a vacation. In Malta, you can experience beautiful scenery and architecture. 

This article provides some basics about Malta travel information and tips for potential visitors who are not familiar with the islands of Malta. As with vacation destinations, the more you know about the country before you visit, the more complete you are to choose the right sites and attractions to visit. It's never wise to go with the flow because everyone is different and this becomes very important when on vacation.

Before dreaming of ways to enjoy your Malta vacation, there are a few things to keep in mind:

• ·         You are better off making a list of things that you must carry and pack. Getting ready is a very important aspect of a traveler

•   Because Malta has a warm climate, protect your skin by bringing sunscreen. Use this even if you are not going to the beach. Taking care of your skin more will give you years longer in life to enjoy more Malta Holidays. 

• ·         Bring mosquito repellent. This will help you enjoy your Malta vacation during the summer. There is no way you will get the disease due to mosquitoes; mosquito repellent will prevent that from happening or just stop mosquitoes from bothering you.
  
  
• ·         In addition to sunblock and mosquito repellent, bring brightly colored clothes, short sleeves, hats and comfortable sandals so you can easily explore the island and not slow down because of your clothes. Bring appropriate clothing because you might suddenly decide to enter an expensive and exclusive restaurant in the area.
    
• ·         Malta Holidays is very common, therefore, capturing memorable moments with a video camera or digital camera. Upload these images immediately to your laptop so you can take more photos from your Malta Vacation. Don't forget to bring your charger and adapter.
  
  
• ·         Keep Malta Passport, travel guides, etc. in one place. Don't just put it anywhere in your luggage. Your Malta vacation will be a disaster if you lose these important documents. Include a list of important telephone numbers that you can call in case an emergency occurs and when needed.
  
  
• ·         It is recommended that you read all the main attractions and sites that Malta has to offer before you visit. That way you can make a fun itinerary for yourself with all the places that interest you in Malta, Gozo and Comino.

The tips above are solely intended as early Malta information and travel advice that can be useful, especially if you are still doubtful or in the process of planning your Malta vacation. But if you want to purchase a Sale Malta Company, then gather Maltese Passport information for that. It will be helpful to start business in a new region.