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Malta Private Trust Company

Your own Private Trust Company for Family Trusts
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Summary

The Malta Private Trust Company is a privately owned corporate trustees Private Trust Company caters for family members who may influence the administration

country highlights

CAPITAL CITY: Valletta APPLICABLE LAW: Trusts & Trustees Act OFFICIAL LANGUAGES: Maltese, English REGULATOR: Malta Financial Services Authority (MFSA), sole regulator of Maltese Private Trust Companies EUROPEAN UNION: Full Member of the EU & Eurozone LEGAL FRAMEWORK: Dynamic & Detailed CURRENCY: Euro € REGULATORY ENVIRONMENT: Sound, compliant with international standards

benefits
  • Fast Process, 2 months;
  • Effective Family control over the PTC & Control Over Family Trust;
  • Reduction in administration costs;
  • Simple registration process required;
  • Simple and efficient way of changing trustees;
legal basis

The Private Trust Company is set up as a limited liability company. Setting up a Malta Private Trust Company was made available through the introduction of Article 43B in the Malta Trusts and Trustees Act. The Rules on Trustees of Family Trusts, published by the Malta Financial Services Authority (MFSA), further regulated Malta Private Trusts Companies. A Malta family trust is created to hold property settled by the settlor/s for the present and future needs of family members and dependants.

ELIGIBILITY
  • Applicant must be a limited liability company based in Malta;
  • Three directors;
  • Proportionate insurance cover;
  • Submission of all documentation;
PROCESS & TIMELINE
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