Fees and timelines in 2022
Fees
Incorporation costs in Year 1 amount to €3,200 and annual company costs in Year 2 and thereafter amount to €550. The average fee per engagement amounts to €11,675, which includes company incorporation and opening a local corporate bank account and all government fees. Refer to draft invoice embedded here.
Timelines
The average Malta company registration period is 10 weeks as outlined below:
Tax resident LLC
PLC
Free zone company
Branch office
Representative office
Engagement planning
1 week
1 week
1 week
2 weeks
2 weeks
Company incorporation
2 weeks
3 weeks
3 weeks
3 weeks
3 weeks
Corporate bank account
4 weeks
4 weeks
4 weeks
4 weeks
4 weeks
Corporate internet banking
2 weeks
2 weeks
2 weeks
2 weeks
2 weeks
Engagement completion
1 week
1 week
1 week
1 week
1 week
Total timelines
10 weeks
11 weeks
11 weeks
12 weeks
12 weeks
Preparing a detailed project plan;
Our Client confirms the corporate structure;
Collecting due diligence from our Client.
Our Client signs the corporate bank account opening forms;
Bejarano ADF Consultants prepares a business plan;
Bejarano ADF Consultants visits the bank for interview;
The Bank Legal and Compliance Department review and approve the banking application;
The Bank Front Office email corporate bank account numbers to our client.
The Bank Operations Department mails the internet username and passwords to our Client;
Some of our Clients’ request Bejarano ADF Consultants to activate the internet banking on their behalf.
Bejarano ADF Consultants confirms all Client due diligence is received;
Bejarano ADF Consultants couriers to our Client the complete original company and bank account documents;
Our Client completes our web page feedback survey;