Imperium Trust been granted an in-principle fiduciary licence by the Malta Financial Services Authority to open an office on the island.
This expansion forms part of the company’s longer term growth strategy and will enable Imperium to continue to provide the products and services to address the current and future needs of its growing client base.
Imperium’s offices will be located in the island’s capital Valletta. A team of five has been appointed, headed up by Robert Owen, a trust professional who has worked in senior positions in a number of jurisdictions and who will be relocating to Malta to take on this new post.
The Malta operation will be wholly complementary to our Guernsey-based service provision, said Director David Gilmour.
Having an EU-based entity will ensure that we are able to provide an extremely flexible service to existing and new clients – something that is becoming increasingly important as we continue to develop new geographic markets.
The main areas of activity of the new operation will focus on wealth planning for HNW individuals and include property development structuring, VAT services, pension provision, yacht registration, corporate services and IP.
This is an exciting time for Imperium Trust. We have grown quite substantially since the company’s inception in 2011, including the acquisition of the Guernsey-based fiduciary company Saltire Trust in 2014. Opening an office in another jurisdiction is a major step for us but one that we have been planning for some time and which is indicative of our confidence in our on-going success.