As a ‘company service provider’ recognised by the Malta Financial Services Authority, the company will also be able to provide registered office, correspondence and address facilities to companies and act or arrange director, secretary or partner facilities to a company or legal entity.
The company plans to further expand its range of services in Malta to include trustee services, administration of private foundations, administration of retirement schemes, asset management and fund administration.
JTC moved into Malta last year in order to widen its geographical reach and strengthen its presence within Europe.
Stuart Pinnington, group head of institutional services at JTC, said: “This registration positions us strongly for future growth within Malta and is another crucial step in continuing to expand our global footprint.”
Nadine Cachia, managing director of JTC’s Malta office, said: “We are now very well placed to meet the needs of the growing number of companies who are seeing Malta as a highly attractive jurisdiction for their global company structuring strategies.”
JTC is an independent provider of corporate, fund, and private client services with offices in a variety of jurisdictions including the Cayman Islands, Guernsey, Jersey, Luxembourg, Switzerland, and the UK.
In February, the company moved into the Mauritius looking to capitalise on the island’s close proximity to Africa, which is described as “one of the fastest growing regions in the world”.