General information

Company structure

• ▪At least two shareholders (may be individuals or corporate)
• ▪A Compliance officer must be appointed by the company
• ▪A Key Official must be appointed (shall also be a director of the company and is resident in Malta)
• ▪Appoint a designated Money Laundering Reporting Officer (MLRO)

Taxation

• ▪Gaming tax of 5% due is based on the gaming revenue generated by the operators from end customers located in Malta
• ▪The levy on gaming devices payable in each and every tax period is calculated with reference to gaming devices deployed within gaming premises in the provision or conduct of the chosen Type of the license
• ▪The compliance contribution payable on qualifying activities is calculated with reference to the gaming revenue generated during the license period from the chosen Type gaming services
• ▪In Malta any form of services provided by gaming operators are classified as exempt without credit under the VAT Act
• ▪Companies registered in Malta are taxable at the rate of 35%, with exceptions

Other benefits

• ▪Maltese operators can advertise in United Kingdom
• ▪Malta offers the possibility of free movement of goods and services as an EU member
• ▪All forms of electronic devices can be used, including mobile phones and the internet

Accounting and compliance requirements – The Malta Gaming Authority (MGA) will require reviews to take place on the following schedule:

• ▪After the first year of operation after being licensed by the MGA
• ▪Any other audit depending on the compliance plan set by the MGA

Other key reports required by the Authority to monitor the overall gaming activity are listed here*:

• ▪Yearly audited accounts
• ▪Half-Yearly Reports
• ▪Monthly Reports

*This list of reports is not an exhaustive one and others may be requested from time to time.

Registered Agent – Required 

Registered office – Required

Company name

• ▪Language: Maltese, English 
• ▪Letters: Any

N.B.

• ▪Restricted connections for company name: name of state, national or local government.
• ▪Any name that implies illegal activity or implies royal or government patronage is restricted.
• ▪Registrar may reject any name which it considers undesirable or contrary to the public interest.
• ▪Company name is restricted to be identical or similar that of an existing company.

In order to obtain a license, the following steps will be carried out:

• ▪Preparation of all necessary documents submitting license application
• ▪Data Processing for License application with the Regulator
• ▪Assisting in application procedure
• ▪Registering for income tax purposes with the local Tax Authority

In order to obtain license, Offshorelicense will fill all necessary application forms and also acquire apostilled corporate documents. 

For that reason, please provide us with the following documents.

Information and documents relating to each shareholder and key management personnel:

• ▪A notarized copy of valid passport
• ▪A notarized copy of birth certificate 
• ▪Passport size photo
• ▪Certificate of Good Character, issued by a law enforcing authority in the country of origin of the applicant
• ▪Financial references including a professional recommendation
• ▪Resume / CV

N.B.

• ▪If documents are not in English language, then they must be accompanied by a notarized translation.
• ▪The copies of the documents must be certified by a Lawyer or Public Notary.