Penalties for late filing of annual returns / financial statements are temporary suspended. Late filing of other documents must be notified to the Malta Business Registry.
On the MBR website, the Registrar of Companies has reminded company officers of the online facilities and physical ways for filing annual returns and financial statements. Nonetheless, the Registrar has added that if a company is effected by the COVID-19 situation and the filing of the annual return and/or financial statements falls within the period of 23rd March 2020 and 31st May 2020, the relevant penalties on late filings of annual return and financial statements are not going to be imposed if these are filed with the Registrar by 31st July 2020.
If the company has other additional documents to submit with the Registrar but it cannot because of COVID-19, notification by email during the period allowed by law on firstname.lastname@example.org is suggested, otherwise no revisions of penalties will be considered for late filing of such notification.
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.
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KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.