Recently, MBR published a notice on the changes coming into force through amendments to the company Act.
The Registrar of Companies are reminding business owners that some of the Amendments to the Companies Act (Act LX of 2021) are in force, primarily the provisions related to the use of digital tools and processes as well as the appointment and the holding of the office of directors.
More specifically, the following have been highlighted:
-
Contents of the memorandum and articles of the Company (Article 69)
-
Appointment of Directors (Article 139)
-
Statutory company directorship reporting requirements (Form K & Form K(1)
-
Disqualification of Directors (Articles 140 & 142); and
-
Legislative Powers of the Registrar (Article 401)
Further detailed information can be obtained from the notice issued by the Malta Business Registry at https://mbr.mt/2022/01/28/legislative-amendments-introduced-by-act-lx-of-2021/ and in the case of difficulty you can contact MBR’s Legal and Enforcement Unit on .