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S.L. 403.26 · Insurance Business Act (Fees) Regulations (S.L. 403.26)

S.L. 403.26 Art. 14Non-refundable or prorated fees. Fees falling due in 2027 and thereafter € Minimum fee: 2,000 per 20,000 class 1,500 per 15,000 class Minimum fee: 1000 per 10,000 class 750 per 9,000 class Minimum fee: 1,000 per 10,000 class 750 per 9,000 class Minimum fee: (a) formation conversion into company (i)

In KraftAmtlicher Text

(1) The fees established and due in terms of these regulations shall not be refundable.

(2) Without prejudice to the provisions of regulations 3(3) and (7), 4(3), 5(6), 6(6), 8(2), 9(2), 10(3) and 11(5), the fees established and due in terms of these regulations shall not be prorated.

 Amended by: FIRST SCHEDULE L.N. 303 of 2025. (regulations 3 to 13)

Application Fee

Fees falling due in Fees falling due in 2025 2026 € € Undertaking whose Minimum Minimum head office is in Malta fee: fee: carrying on the business of insurance and, or reinsurance:

(a) long term business 1,600 15,000 1,800 per 17,000 per class class

(b) general business 1,000 10,000 1,200 per 12,000 per class class Third country insurance Minimum Minimum or reinsurance fee: fee: undertaking carrying on the business of insurance and, or reinsurance:

(a) long term business 800 per 8,000 900 per 9,000 class class

(b) general business 500 per 7,000 600 per 8,000 class class Captive insurance or Minimum Minimum reinsurance fee: fee: undertaking:

(a) long term business 800 per 8,000 900 per 9,000 class class

(b) general business 500 per 7,000 600 per 8,000 class class Cell company carrying Minimum Minimum on the business of fee: fee: insurance and, or reinsurance: of or a cell business 1,600 15,000 1,800 per 17,000 2,000 per 20,000 per class class class business 1,000 10,000 1,200 per 12,000 1,500 per 15,000 per class class class a cell business 800 per 5,000 900 per 7,500 1,000 per 10,000 class class class business 500 per 4,000 700 per 6,500 900 per 9,000 class class class cell Minimum Minimum Minimum carrying on fee: fee: fee:

or of an cell business 1,600 15,000 1,800 per 17,000 2,000 per 20,000 per class class class business 1,000 10,000 1,200 per 12,000 1,500 per 15,000 per class class class an cell business 800 per 5,000 900 per 7,500 1,000 per 10,000 class class class business 500 per 4,000 700 per 6,500 900 per 9,000 class class class transformation business 1,600 15,000 1,800 per 17,000 2,000 per 20,000 per class class class business 1,000 10,000 1,200 per 12,000 1,500 per 15,000 per class class class auditor: 500 400 450 6,000 2,000 4,500 Establishment of a 700 900 branch Reinsurance special 2,500 2,500 purpose vehicle Additional risk 2,500 2,500 per contract per contract Securitisation cell company:

(a) carrying on business 2,500 2,500 as a reinsurance special purpose vehicle

(b) creation of a cell 2,500 2,500 Transfer of general Minimum fee: Minimum fee: business 5,000 7,000 Transfer of general or 7,000 9,000 long term business by an insurance or reinsurance undertaking whose head office is in a country outside Malta

 SECOND SCHEDULE Amended by: L.N. 303 of 2025. (regulations 3 to 12)

Annual Supervisory Fee

Fees falling due in Fees falling due in 2025 2026 (€) (€) Reinsurance special 8,000 8,000 purpose vehicle

(a) Securitisation cell 6,000 6,000 company

(b) Securitisation cell 3,500 3,500 Approved auditor:

(a) individual 400 500

(b) audit firm 2,000 4,500 Branch 700 1,000

Captive insurance and 9,000 10,500 reinsurance undertakings companies 6,000 7,500 9,000 exclusively of affiliated whose head office is carrying on the business insurance or undertakings carrying of insurance and cells Fees Fees Fees falling due in 2025 falling due in 2026 falling due in 2027 (€) (€) and thereafter (€) cell companies and

€4,500 €6,000 €7,500 Premium: including 1 million €4,500 €6,000 €7,500 million up to and million €9,000 €10,500 €12,000 million up to and million €10,500 €12,500 €14,500 million up to and million €12,500 €14,500 €16,500 million up to and million €17,000 €20,000 €23,000 million up to and million €22,000 €26,000 €30,000 million up to and million €25,000 €30,000 €35,500 million up to and million €32,000 €38,000 €44,000 million up to and million €35,000 €41,000 €47,000 million up to and million €45,000 €50,000 €55,000 million up to and million €47,000 €51,500 €59,000 million up to and million €52,000 €61,000 €70,000 million €60,500 €71,000 €81,500 Fees falling due in Fees falling due European Insurance Undertakings 2025 2026 (€) (€) Minimum fee: €7,000 €8,000 Gross Premium:

Up to and including €2.5 million €7,000 €8,000 Over €2.5 million up to and including €3.5 million €8,000 €9,000 Over €3.5 million up to and including €5 €9,500 €10,500 Over €5 million up to and including €7.5 million €12,500 €13,500 Over €7.5 million up to and including €12 million €14,000 €15,000 Over €12 million up to and including €25 million €18,000 €19,000 Over €25 million €26,000 €27,000