A limited liability company incorporated in Malta may be either a public or a private limited liability company. The liability of the shareholders in a Malta Limited Liability Company is limited to the amount, if any, of unpaid on the shares respectively held by each of them.
- A public company may offer shares or debentures to the public but may not issue any form of application for its shares or debentures unless the company is registered and the issue is accompanied by a prospectus.
- A private company must restrict the right to transfer its shares and has a limit on the number of members which may subscribe, currently at 50. It is prohibited for a private company to make any invitation to the public to subscribe for any shares or debentures of the company.