When setting up a company in Malta, several factors have to be taken into consideration. One of the main reasons to choose Malta is to profit from tax advantages and to have a European location with a very company-friendly environment and structures.
Large corporations like Lufthansa, Bosch or Playmobil have it easy, they just use the existing name or extend it with Holding or Financial Services.
But in Malta deciding on a name is not always that easy. To clarify one possibility upfront: if you already have a company in Germany, then you can generally use the same name in Malta. Most of the time this is recommended, considering that the name is an essential factor for client relations and that consistency is very important.
However, in some cases a new name would be appropiate. If the business field is a new one and a dissociation makes sense, for example. Or if one branch is being hived off and external recognition of the hiving-off is desired. And lastly, if it is a company merger with none of the involved companies taking over the other or with different motives for a new name.
In Malta there are some legal requirements when choosing a company name for a Limited. Depending on the business field there are regulations and prohibitions. This affects certain terms that cannot be used due to cultural reasons or danger of confusion.
During my work at Dr. Werner & Partner’s law office, sometimes clients of other – untrustworthy – offices came to us because the establishment of their company already failed with the name.
Our comprehensive consultancy concept is not reduced to a one-time company-set-up. We want to make sure that our clients are prepared for all the requirements that come up when setting up a company in Malta. This includes the consultancy on a company name in order to avoid complications with authorities and to be able to engage in business with the company right from the start.
