Malta Corporate Bank Account

Provided the company or any other corporate entity has registered shareholders (no bearer shares), any Maltese or foreign company can also open a bank account in Malta in virtually any currency.  Maltese Banks offer a sophisticated range of banking products, such as internet and mobile banking and can open bank accounts at attractive interest rates. Corporate business accounts are not subject to exchange control regulations.

The opening of a corporate bank account is subject to the submission of the following documents:

• Certified Copy of passport (for each beneficiary, shareholder and director);
• Utility bill (for each beneficiary, shareholder and director) or any similar document attesting proof of residence;
• Copy of company’s constitutive documents e.g. Memorandum and Articles of Association (although most banks will accept Italian or French company statutes, an English translation may be required);
• Certificate of incorporation;
• Certificate of good standing for company or recent extract from the registry of companies;
• A bank reference attesting the credit-worthiness and good reputation for each beneficiary, shareholder and director.

Focus Business Services has a proven track-record in this field and has assisted numerous clients in opening a Malta bank account with their bank of choice.