The identity of shareholders of Malta companies is publicly available at the public Register of Companies. However, shares may also be held confidentially on behalf of an undisclosed beneficial owner by our trust and fiduciary company, Fides Fiduciary Limited, which is duly authorised by the MFSA (Malta Financial Services Authority) to provide trust and fiduciary services.
While the offshore concept of a nominee shareholder has been removed from Maltese law, licensed trust companies are able to hold shares in the name of ultimate beneficiaries under the Civil Law institute of Mandate.
Fides is also able to provide or procure local directors through our corporate director Fides Management Limited to ensure that the effective management and control is properly carried out from Malta when necessary. We may offer such a service on a case by case assessment of the general business that would pass through the Malta company.
Moreover, Malta has standards of confidentiality which are also backed by the Professional Secrecy Act which has established a high common standard of confidentiality for all professional practitioners. Those who violate professional secrecy may be prosecuted under Section 27 of the Criminal Code.
All disclosures ordered by the Court if expressly provided by law remain ‘in camera‘ and are accessible only by the court and the parties.