Shareholders hold the shares of the company and will be listed in the official company register. If a company or other legal person or arrangement is to be listed as shareholder, please tick “No”.
Corporate entities can hold the shares of the company if the related UBO is also the shareholder of this entity. If you indicated “No” in the “Direct shareholder?” field for ALL the UBOs listed in the preceding section, please indicate “No” above and complete the data for each corporate body to be a shareholder in the name of a given UBO.
I/We the below undersigned hereby declare that:
All details given in this application form are true and accurate.
I/We shall be the Ultimate Beneficial Owner/s of the entity specified in “Proposed Names” above pursuant to this application form and the enclosed Service Agreement(s) and Terms and Conditions.
The remittance of all and any funds which have been or which at any time in the future may be remitted for the account of the Entity as payment of allotment monies for any number of shares in the Entity, does not and will not constitute a money laundering offence as defined in the Prevention of Money Laundering Act, 1994 and that the funds are not of illicit origin or otherwise derive from criminal activity. I/We also declare that I am / we are aware of the provisions of the Prevention of Money Laundering Act, 1994 and undertake to comply with all the provisions thereof, as the same may from time to time be amended or substituted hereafter.
I am / We are responsible to ensure that I/we have taken, and warrant that I/we have taken, all necessary tax and legal advice in all relevant jurisdictions outside Malta with regard to the establishment and operation of the Entity and for ensuring that the activities or proposed activities of the Entity will not breach the laws of any relevant jurisdiction. I am / We are aware that the Service Provider shall not provide advisory in relation to any matter outside Malta.
I/We also declare that: