The tourism industry is one of the most performant Maltese economic sectors. Whether one decides to create a travel agency, a restaurant or even a hotel, he or she will have great chances of succeeding and having a profitable business. However, opening a hotel in Malta is a more successful type of business than creating a travel agency.
Opening a hotel in Malta implies respecting the requirements imposed by the Travel and Tourism Services Act. Our company registration agents in Malta can offer detailed information on the requirements related to starting a hotel or any other type of accommodation establishment in this country.
The creation of a Maltese hotel will start with the company formation process which is regulated by the Company Act. According to this, a foreign or a local investor must choose a company name, a business form, prepare the memorandum and articles of association and file them with the Trade Register. Following that, the Maltese company will register for taxation and employment purposes and start applying for the necessary licenses to operate as a hotel.
Our company incorporation consultants in Malta can assist those interested in setting up a hotel with the company registration procedure.
The Maltese tourism legislation provides for several types of accommodation units, among which are guest houses, host family establishments, villas, agro-touristic establishments and hotels. When it comes to opening a hotel in Malta, it will be classified based on the services and facilities offered here. The classification of hotels in Malta is granted by the Environment and Planning Authority and start with one-star hotels and goes up to five star-hotels.
In certain cases, hotels must also apply for a special license issued by the Malta Tourism Authority. In the case of other types of establishments, a tourism compliance certificate must be obtained with the same Malta Tourism Authority.
For full information on the requirements hotels must comply with, we invite you to contact our company formation advisors in Malta. We can also assist with the company incorporation procedure in Malta.