Activities requiring licensing in Malta

Most industrial activities need to be licensed for a variety of different reasons such as public health and safety, or to reduce the risk of pollution.

Local government is the only body that currently issues licenses for commercial activities. Building licenses and user licenses for private works are governed by legislation, specifically legislation on regional planning and urban construction.

Some activities that require licensing:

Banks;
Insurance;
Trust & Trustee;
Cryptocurrency.

Companies in Malta

Company Secretary

The company must appoint a secretary who may be a natural person of any nationality or a company. The law does not require the Secretary to be a Maltese resident, but it is advisable, given their duties and responsibilities.

Companies in Malta

Shareholders

If the shareholder is a company, then the company must also give its details (company name, registered office, share capital, company register number). There must be documented proof that the representative is acting on behalf of the company and has legal authority to do so.

Companies in Malta

Managers and directors

Private limited companies are managed and run by one or more managers/directors, while public limited companies are managed and run by two or more managers/directors. They must be named in the articles of association or appointed (and dismissed) later by shareholder resolution.

Companies in Malta

Legal aspects of companies

We highlight here some of the most relevant legal aspects of companies in Malta.

Set up a company

Moving to Portugal

Working in Portugal

Resources

NEWCO

Activities requiring licensing

Company Secretary

Shareholders

Managers and directors

Legal aspects of companies