COMPANIES ACT (FEES) REGULATIONS

COMPANIES ACT (FEES)

SUBSIDIARY LEGISLATION 386.03

COMPANIES ACT (FEES) REGULATIONS

1st January, 2009

LEGAL NOTICE 354 of 2008, as amended by Legal Notice 381 of 2015,

and 194 of 2017.

The title of these regulations is the Companies Act (Fees)

Regulations.

Amended by

L.N. 381 of 2015;

(Regulation 2)

L.N. 194 of 2017.

Fees

In paper format

In electronic format

(a)

Registration of any

commercial partnership whose

authorised capital or total

contributions, as the case may

be

(i) do not exceed €1,500

€245

€100

(ii) exceed €1,500 but do

€245 with the addition of

€210 with the addition of

not exceed €5,000

€15 for each €500 or part

€12 for each €500 or part

thereof in excess of €1,500

thereof in excess of €1,500

(iii) exceed €5,000 but do

€350 with the addition of

€294 with the addition of

not exceed €10,000

€20 for each €1,000 or part

€17 for each €1,000 or part

thereof in excess of €5,000

thereof in excess of €5,000

(iv) exceed €10,000 but

€450 with the addition of

€379 with the addition of

do

not

exceed

€20 for each €2,500 or part

€17 for each €2,500 or part

€50,000

thereof in excess of

thereof in excess of

€10,000

€10,000

(v)

exceed €50,000 but

€770 with the addition of

€651 with the addition of

do

not

exceed

€20 for each €10,000 or

€17 for each €10,000 or

€100,000

part thereof in excess of

part thereof in excess of

€50,000

€50,000

(vi) exceed €100,000 but

€870 with the addition of

€736 with the addition of

do

not

exceed

€10 for each €15,000 or

€8 for each €15,000 or part

€250,000

part thereof in excess of

thereof in excess of

€100,000

€100,000

(vii) exceed €250,000 but

€970 with the addition of

€816 with the addition of

do

not

exceed

€10 for each €10,000 or

€8 for each €10,000 or part

€500,000

part thereof in excess of

thereof in excess of

€250,000

€250,000

(viii) exceed €500,000 but

€1,220 with the addition of

€1,016 with the addition of

do

not

exceed

€20 for each €20,000 or

€17 for each €20,000 or

€1,000,000

part thereof in excess of

part thereof in excess of

€500,000

€500,000

(ix) exceed €1,000,000

€1,720 with the addition of

€1,441 with the addition of

but do not exceed

€10 for each €50,000 or

€8 for each €50,000 or part

€2,500,000

part thereof in excess of

thereof in excess of

€1,000,000

€1,000,000

(x) exceed €2,500,000

€2,250

€1,900

(b)

Registration of an

€1,750

investment company with

variable share capital

(c)

Registration

of

documents delivered to the

Registrar of Companies in

compliance with article 385 of

the Companies Act

In the case where the registered capital of the oversea company -

(i) does not exceed

€245

€1,500

(ii) exceeds €1,500 but

€245 with the addition of €15 for each €500 or part

does not exceed

thereof in excess of €1,500

€5,000

(iii) exceeds €5,000 but

€350 with the addition of €20 for each €1,000 or part

does not exceed

thereof in excess of €5,000

€10,000

(iv) exceed €10,000 but

€450 with the addition of €20 for each €2,500 or part

does not exceed

thereof in excess of €10,000

€50,000

(v) exceeds €50,000 but

€770 with the addition of €20 for each €10,000 or part

does not exceed

thereof in excess of €50,000

€100,000

(vi) exceeds

€100,000

€870 with the addition of €10 for each €15,000 or part

but does not exceed

thereof in excess of €100,000

€250,000

(vii) exceeds

€250,000

€970 with the addition of €10 for each €10,000 or part

but does not exceed

thereof in excess of €250,000

€500,000

(viii) exceeds

€500,000

€1,220 with the addition of €20 for each €20,000 or part

but does not exceed

thereof in excess of €500,000

€1,000,000

(ix) exceeds €1,000,000

€1,720 with the addition of €10 for each €50,000 or part

but does not exceed

thereof in excess of €1,000,000

€2,500,000

(x) exceeds €2,500,000

€2,250

In the case where an oversea company does not have a registered capital -

(i) where the number of

members stated in

the

instrument

constituting

the

company does not

exceed 25

€245

(ii) where the number of

€245 with the addition of €75 for each 25 members or

members stated in

fraction thereof in excess of the first 25

the

instrument

exceeds 25 but does

not exceed 100

(iii) where the number of

€470 with the addition of €50 for each 50 members or

members stated in

fraction thereof in excess of the first 100 up to a

the

instrument

maximum of €2,250

exceeds 100 but is

not unlimited

(iv) where the number of

members

is

unlimited

€2,250

(d) Registration of a

European Economic Interest

Grouping

€1,000

(e)

Registration of an

An amount equal to the difference, if any, between the

increase in the authorised

amount of fees which would have been payable on first

capital or total contributions of

registration by reference to the authorised capital or total

any commerical partnership,

contributions of the partnership as increased and the

including the registered capital

amount of fees which would have been so payable by

of an oversea company

reference to the authorised capital or total contributions

of the partnership immediately before the increase.

(f)

Registration

of

a

Where as a result of the conversion, the authorised capital

conversion of a c ommercial

or total contributions of the converted partnership is

partnership

greater than the authorised capital or total contributions

of the partnership immediately before the conversion, an

amount equal to the difference, if any, between the

amount of fees which would have been payable on first

registration by reference to the authorised capital or total

contibutions of the converted partnership and the amount

of fees which would have been so payable by reference to

t h e a u t h o r i s e d c a p i t a l o r t o t a l co n t i b u t i o n s o f t h e

partnership immediately before the conversion.

(g)

Registration of an

amalgamation of commercial

partnerships

In the case of an amalgamation of two or more partnerships by the merger of one or more

partnerships with another existing partnership -

Where as a result of the amalgamation, the authorised

capital or total contributions of the acquiring partnership

is greater than the authorised capital or total contributions

of the partnership immediately before the amalgamation,

an amount equal to the difference, if any, between the

amount of fees which would have been payable on first

registration by reference to the authorised capital or total

contibutions of the acquiring partnership and the amount

of fees which would have been so payable by reference to

the authorised capital or total contributions of the

partnership immediately before the amalgamation.

In the case of an amalgamation of two or more partnerships by the formation of a new

partnership instead of the existing partnerships -

An amount by reference to the authorised capital or total

contributions of the new partnership, as provided in

paragraph (a) of this Schedule.

(h)

Registration of a division of a company

In the case of a division of a company by acquisition -

Where as a result of the division, the authorised capital of

any of the existing companies is greater than its

authorised capital immediately before the division, in

respect of each such company, an amount equal to the

difference, if any, between the amount of fees which

would have been payable on first registration by

reference to the authorised capital of such company

following the division and the amount of fees which

would have been so payable by reference to the

authorised capital of such company immediately before

the division.

In the case of a division of a company by the formation of two or more new companies -

In respect of each new company, an amount by reference

to the authorised capital of each such company, as

provided in paragraph (a) of this Schedule.

(i)

Registration of an

annual return of a company

other than an investment

company with variable sare

capital

In the case where the authorised share capital of the company -

In paper format

In electronic format

(i) does not exceed

€1,500

€100

€85

(ii)

exceeds €1,500 but

does not exceed

€5,000

€140

€120

(iii) exceeds €5,000 but

does not exceed

€10,000

€160

€135

(iv) exceeds €10,000 but

does not exceed

€50,000

€350

€300

(v) exceeds €50,000 but

does not exceed

€100,000

€400

€340

(vi) exceeds

€100,000

but does not exceed

€250,000

€600

€510

(vii) exceeds

€250,000

but does not exceed

€500,000

€800

€680

(viii) exceeds

€500,000

but does not exceed

€1,000,000

€900

€765

(ix) exceeds €1,000,000

but does not exceed

€2,500,000

€1,200

€1,020

(x) exceeds €2,500,000

€1,400

€1,200

(j)

Registration of an

€1,000

annual return of an investment

company with variable share

capital

(k)

Registration

of

documents delivered to the

Registrar of Companies in

compliance with article 387 of

the Companies Act

€200

(l)

Review

by

the

Registrar of a prospectus where

Malta is the home member state,

other than a prospectus in

relation to securities in respect of

which an application for

admission to listing has been

made or is to be made to the

listing authority

€1,500

(m) For the granting of the

consent of the Registrar for a

company to be continued as a

company outside Malta in terms

of the Continuation of

Companies Regulations or the

Transfer of Registered Office of a

European Company (SE)

Regulations

€1,000

(n)

For every copy per

€0.50

sheet

(o)

For

certified

true

copies

€5

(i) in unbound form

€5

(ii) in bound form

€10

(p)

For

a

certificate

regarding the directors of a

company

€10

(q)

For

an

altered

certificate o f registration in

terms of article 20 and article

80 of the Companies Act, and in

terms of regulation 21 of the

Merchant Shipping (Shipping

Organisations - Private

Companies) Regulations,

following a change in the name

of a commercial partnership

€50

(r)

For

any

other

certificate regarding a company

issued upon the request of any

person

€20 per page

(s)

For the reservation of

the name of a commercial

partnership

€10 per name

(t)

For every inspection

of documents of each

commerical partnership in

paper format

€20 per file

(u)

For the inspection and

download of documents of

commercial partnerships in

electronic format

for each download of each document

- Memorandum and

Articles

of

Association, deed

of partnership and

annual accounts

€5

- Prospectus

€10

- Annual return

€2

- Any

other

document

€1

(v)

For

unlimited

inspections and downloads of

documents in electronic format

€12,000 per annum.

(w) Issue of certificate

upon the conversion of a

commercial partnership in

terms of article 332 of the

Companies Act

€100

(x)

Issue

of

altered

certificate of registration upon

change of status of a company

in terms of article 213 of the

Companies Act

€100

The fees prescribed in the Schedule shall be the fees to be

levied in relation to the registration of commercial partnerships and

the registration, inspection or issue of documents, certificates,

copies or extracts under the Companies Act and the Commercial

Partnerships Ordinance.

Where the share capital of a company is expressed in a

currency other than euro, the fees prescribed by these regulations in

relation to the registration of documents, shall be levied on the

basis of the euro equivalent of such other currency, calculated on

the date on which a document is delivered, given to or served on

the Registrar for registration; and the exchange rate to be used shall

be the average of the buying and selling rates prevailing on the date

aforesaid.