Thursday, May 19, 2005

One of ranges of services offered is within the field of company law. 

Company formation is a procedure requiring the setting up of Memorandum and Articles of Association to govern the operations of the company, particularly shareholding, directors, competence of shareholders and of directors, capital, etcetera.  The modalities of action of the new company have to be selected carefully, while the interests of all members have to be taken into account when drafting the Memorandum and Articles of Association.  Moreover, when certain changes take place within the company structure, these have to be registered with the Registry of Companies, within the Malta Financial Services Authority.

Maltese law largely reflects EU law in this field, while also having its roots in English company law.

Companies formed in Malta require the services of a company secretary, who will ensure that certain formalities are carried out and will oversee meetings of the shareholders to ensure that transactions are carried out according to law and according to the Memorandum and Articles.  This service is also offered.

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