PTC Registration Process

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An additional benefit of a PTC is the management cost. PTCs can typically be integrated within a family business, and can share a common board of directors and administrative facilities, as the family business, which in turn reduces costs. The initial set-up costs of a PTC might be higher, but the ongoing running cost will be reduced.


A PTC is not required to undergo the full authorisation process, with the Malta Financial Services Authority (MFSA), that professional trustees and/or the administrators of foundations are required to undergo.

As long as all of the criteria are met, a PTC can then apply to register with the MFSA. nepal mobile database This relatively simple registration process gives PTCs a significant advantage compared to professional trustees and/or administrators, in terms of the reduced compliance obligations that need to be met, and the time taken.

PTC Objectives

PTC Objectives and Activities are limited to the following:

Acting as a trustee in relation to a specific settlor or settlors;
Providing administrative services in respect of a specific family trust or trusts;
Trustee services, available through a PTC must not be offered to the public;
Trustees must not frequently act as a trustee, and must not do so for more than 5 settlors of a family trust, at any given time.
Requirements for the Establishment of a PTC

A PTC should be a limited liability company based in Malta, to be eligible for registration, and must submit a form requesting inclusion in the ‘Register of Trustees for Family Offices’.

A PTC must have insurance cover proportionate to the size and nature of the trustee’s business operations.