Malta will establish a beneficial ownership register

Malta's Ministry for Finance will publish legislation regulating the managing of beneficial ownership register. This decision was brought by the Minister for Finance during the Annual Company Law Conference in Valletta.

Therefore, every company will oblige to hold information on its all beneficial owners whose companies registered in Malta and submit this information to the Registrar of Companies.

It is expected that a register will be accessible to competent authorities, to obliged persons, and possibly to the general public.

The Minister for Finance emphasized that Malta has high standards of Company Law providing for the company registration process and for the retention of relevant documentation on every company.

Источник: https://www.gov.mt/en/Government/Press%20Releases/Pages/2017/October/25/pr172386.aspx