Government's commitment to facilitate business activities in Malta has concretely been actioned through the removal of trade licences for a number of business activities. This has been enabled through the Legal Notice (L.N.) 40 of 2016 which has come into effect on 1st January 2017. The L.N. defines the activities that do not require a trading license as well as those that still do require a trading licence as approved by the Commerce Department.
A licence is required for an individual to act as an auctioneer in terms of the Auctioneers Act Cap. 342. This is issued by the Trade Licences Unit, within the Commerce Department in accordance with the Trading Licences Regulations SL117.04.
Legislation:
Competent Authority
last updated December 2022