Malta Business Registry notice – Mandatory submission of Incorporations of Companies and Dissolutions as from 1st March 2025

The Malta Business Registry issued a notice to inform all relevant parties that as of 1st of March, all company incorporations , dissolutions documents – (Companies regulated by the Companies Act, 1995 – (Form B (1) – Notice of dissolution and voluntary winding up, Form B (2) – Declaration of Solvency together with a statement of assets and liabilities, Form L – Notice of appointment of liquidator), Form L (3) – Notice of Resignation of Liquidator, Form L (4) – Liquidator’s Statement with respect to pending winding up, and the accounts, scheme of distribution and auditors report,  and the liquidators return), (Companies regulated by the Merchant Shipping Regulations – Form S – Notice of dissolution, Form P  – Notice of appointment of liquidator, Form T – Notice of resignation of liquidator, Statement of Liquidator with respect to pending winding up (Reg. 131 (1),  Accounts scheme of distribution and auditors report, Form Q – Notice of completion of liquidation, Liquidators Return),  must be submitted through the MBR’s online system, BAROS (Business Automation Registry Online System). This transition highlights MBR’s persistent dedication to evolving into a fully paperless agency, building on earlier efforts.  The initiative is designed to enhance processing efficiency while fostering a more sustainable and eco-friendly approach.

Dr. Geraldine Spiteri Lucas, CEO and Registrar of MBR, emphasized that the success of BAROS has underscored the industry’s need for continued digital transformation to benefit practitioners, clients, and the sector. Such step follows extensive discussions with stakeholders and practitioners who played a crucial part in the transition process.

“The ability to incorporate companies online has been eagerly awaited by the industry. With the proper submission of required documents (including due diligence documents) and being fully compliant with legal requirements, companies can be incorporated within 24 hours.  Something that many practitioners adapted to, it strengthened Malta’s competitiveness and now it is the apt time to enforce such measure. Similarly, online company dissolutions will not only shorten waiting times but also improve monitoring processes. These initiatives are set to streamline processes, eliminate unnecessary bureaucratic hurdles, and compliment other projects headed by the MBR to ultimately offer holistic services” explained Dr Geraldine Spiteri Lucas.

Detailed instructions and support resources can be found on the following link.

In addition to this, the MBR will also deliver a training session in mid-January. Registration for this training session can be done here.