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Open a Small Business in Malta

Updated on Wednesday 06th January 2021

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Malta-Canada-double-tax-treatyInterested in opening a small business in Malta?  Our company formation specialists in Malta can offer assistance and support in this sense and can deal with the formalities involved. Foreigners can benefit from simplified formalities and a wide range of business advantages. We present you a few steps for opening a small business in Malta, mentioning that you can receive the support of our company formation agents in Malta.
 

How to start a business in Malta

 
The limited liability company can be an excellent option for starting a business in Malta. The formalities are straightforward and our agents can help you start a small business regardless of the chosen industry. Here is what you need to know about starting a small business in Malta:
 
  1. The limited liability company can be registered with a minimum share capital of EUR 1,165 deposited in a local bank account.
  2. At least two shareholders, a company secretary, and a manager are required for a limited liability company in Malta.
  3. The Articles of Association are the main documents of the company in Malta.
  4. If special licenses and permits are required, our agents can help you.
  5. The registration for taxation and social contributions is needed.
  6. If the company seal is issued, the business can have activities in Malta.
 
Besides opening a limited liability company in Malta, a sole trader can be a great option. You might consider this simple business form in Malta and discuss it with one of our specialists in company formation in Malta. In any case, the incorporation of a company in Malta is a simple process, regardless of the chosen business structure.
 

Steps in opening a small business in Malta

 
As mentioned earlier, starting a small business in Malta is not a complex process, but it requires attention from the start. Our company formation agents in Malta can help international investors register a company in a fast and efficient manner, following a few important steps:
 
  1. The business name needs to be verified with the Maltese Companies Register.
  2. The documents of the companies must be prepared, with information about the business owners, activities, business office, and more.
  3. The minimum share capital needs to be deposited in a local bank account.
  4. Besides the registration for taxation, the social contributions need attention too.
  5. If you decide on hiring staff, you can pay attention to the Maltese workforce.
  6. One must apply for business licenses and permits.
  7. Instead of a whole accounting department, you can hire the services of our specialists.
  8. If the company seal is obtained, the small business is ready for activities in Malta.
 
Deciding on the activities and the business form represent the main objects of an entrepreneur in Malta. If you are interested in starting a small business in Malta, feel free to discuss all the aspects with one of our specialists.
 

Fields in which you can open a small business in Malta

 
Malta offers many opportunities for domestic and foreign entrepreneurs. One can register a tourism agency in Malta, a grocery store, a barbershop, a supermarket, a dental office, a cosmetic clinic, a credit company, or a small farm, depending on the business ideas an entrepreneur has for Malta. Sole traders can offer graphic design services, act as personal trainers or coaches, be financial consultants, to give a few examples of business ideas in Malta. Starting a small business in Malta is not a complicated process, if you know from the start what you would like to develop. Once the activities are settled, you need to choose a business name and verify it with the Maltese authorities. Feel free to discuss with one of our company incorporation specialists in Malta and ask for support.
 

Making investments in Malta

 
Malta is a small insular state that already hosts more than 30,000 foreign companies and businesses. The appealing business environment of Malta is attentively measured by domestic and foreign investors who want to start operations in sectors like tourism, pharmaceutics, agriculture, gaming, or electronics. Here are some interesting facts and figures about Malta’s economy:
 
  1. The total FDI stock for Malta in 2019 was approximately USD 206 billion.
  2. More than 30,000 companies in the insular state have foreign stockholders.
  3. The 2020 Doing Business report ranks Malta 88th out of 190 economies in the world.
  4. Most investors in Malta come from Africa and Europe.
 
Looking for support in starting a small business in Malta? We invite you to contact our team of company incorporation agents in Malta who can help you with the formalities of business registration.
 
 

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Call us now at +356 21 376 686 to set up an appointment with our specialists in company formation in Valletta, Malta. You can incorporate your company without traveling to Malta.

As a Ciantar Associates client, you will beneficiate from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Malta.

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