Tuesday, February 7, 2023
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HomeEconomyOpen a small business in Malta: we are at your side

Open a small business in Malta: we are at your side

Do you want to open a small business in Malta? Rely on the strategic and operational advice of the team of Malta Business Agency, ready to accompany you on a path towards the start-up of a new business taking advantage of a series of positives guaranteed by the Malta system from the economic, commercial, legal, bureaucratic and fiscal point of view.

The ideal, and most widely used, formula for setting up a small business is the limited liability company (Ltd), which can be registered with a minimum share capital of 1,165 euros to be deposited locally through the opening of a bank account. A minimum of two shareholders, a secretary, a manager and articles of association are also required.

Malta Business Agency’s team will assist you with all this, as well as registering with the tax authority Commisioner for Revenue for the payment of taxes and contributions.

Other possible types of companies more suited to your business needs will be evaluated and proposed following a preliminary analysis aimed at the realization of a real business model, concrete and durable, which can consolidate the identification of “permanent establishment” in the Maltese territory.

Malta offers advantages for operating in a wide range of sectors. To give a few examples, the island lends itself to the registration and launch in the market of tourist agencies, grocery stores or mini markets, small craft activities (such as a barber shop, a dental office or a cosmetic clinic), a credit company, a small farm. But also, and above all, traditional or innovative startup activities, supported by a competitive regime of incentives for their development and internationalization, starting from a country that in the last decade has consistently been among the best performing economies in Europe.

If you have a good idea, a passion to turn into a profession and a minimum amount of capital to start your small business, the team of Malta Business Agency and its network of professionals will be at your side to guide you to success.

DISCLAIMER

This article provides general information only and does not replace professional advice in any way. It is recommended to consult a qualified professional before making any important decisions regarding financial, legal or other matters. The author and the publication are not responsible for any errors or damages caused by the use of the information contained in this article.

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