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PROPOSAL REQUEST
Process
Tenant is to notify INDIS (and Malta Enterprise) of the intended changes in shareholding, clearly listing the number of shares being transferred and to whom, with correct details listed therein.
The reason or justification for such change, while not compulsory, generally helps INDIS have a good background as to why these changes are being affected.
Upon reciept of the said notification an internal due diligence process is triggered.
This process includes but is not limited to:
- Internal confirmation that tenant is compliant with all terms of their contract with INDIS (payments, use, insurance, employees, maintenance, etc), no adverse findings on Credit info, KYC6 platforms, MBR, ECOURTS and Tax Compliance etc. This is conducted also on the new shareholders and directors.
- Confirmation that Malta Enterprise has no objection to the said change and it’s no objection has been issued.
If no issues are flagged and the process is concluded to INDIS’s entire satisfaction a no objection letter is issued. An administrative one-time fee may be applicable.
More information may be obtained by contacting us on [email protected].
