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:
We highlight here some of the most relevant legal aspects of companies in Malta.
The Maltese legislation provides for the redomiciliation of companies from and to Malta, it being possible to transfer the head office of foreign companies to Malta and vice-versa, even from and to tax havens with no tax charges on entry or exit.
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.
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.