As stated in the Companies Act, every public company shall have at least two directors whilst every private company shall have at least one director. The business of a company shall be managed by the directors, who may exercise all such powers of the company. The Board of Directors can be composed of either foreigners and/or locals and may be both natural persons and/or a body corporate (referred to as a corporate director). Directors are bound by law to promote the well-being of the company and are responsible for:

(a) the general governance of the company and its proper administration and management; and
(b) the general supervision of the company's affairs.

We will be more than glad to recommend reliable and trusted persons who are well suited for such a role and the respective responsibilities.
 

Shares may be held confidentially on behalf of an undisclosed beneficial owner by GM Corporate & Fiduciary Services Ltd. which is fully licenced to do so by the Malta Financial Services Authority (MFSA). Such appointment is governed by strict fiduciary law obligations and strict confidentiality is ensured.

In accordance with the Companies Act every company must have a company secretary, who is an individual who, in the opinion of the directors, has the requisite knowledge and experience to carry out the requisite functions of such a role. The company secretary’s functions and responsibilities are purely ministerial and administrative and he/she is not charged with the exercise of any managerial powers. However, the Companies’ Act does specifically identify certain duties for which the company secretary is directly responsible. At GM Corp we can suggest trusted persons who could fulfil this role.

The Companies Act requires that the company has a registered office in Malta, which is to be included in the memorandum of association. Such a registered address is necessary to ensure that proper communication with the company is possible and also for any document that may need to be served. This is also a service that we are willing to offer at GM Corp.

Every company is obliged to hold an Annual General Meeting (AGM), which we will be more than glad to help you plan. From selecting an appropriate location, to circulating the necessary documentation, GM Corp’s personnel are well trained for ensuring such meetings strike a balance between executing the necessary formalities and making most of the limited time available. So whether it is an AGM or an extraordinary general meeting, we will be more than glad to assist you.

At GM Corp it is our aim to offer all our clients an efficient and effective one stop shop. If it’s more than a registered address that you want, we are can also offer you a virtual office setup. If you are opting to relocate to Malta or have personnel work out of a local office we can also offer we can offer the appropriate facilities. GM Corp are in a position to offer our clients either completely furnished offices ready for immediate use or unfurnished office spaces which can be tailor designed to your specifications.