Dealers in Precious Metals and Stones

 Dealers in precious metals and stones must obtain a licence that is issued by the Commerce Department by applying on this electronic form. It  is to be  noted that  the  issue or granting of such a licence is not automatic but will depend  on the outcome of the processing of the application. A DPMS licence carries no fee and may be renewed every three years on request. The  renewal  of the licence will (also), not involve any charges .

 It  is to be clarified that those persons who  were registered with the VAT Department up to and including 1st January 2021, to  carry out  a commercial activity which involves the dealing in precious metals and stones, are deemed to be automatically licensed by the Trade Licensing Unit to carry out that same activity after said date.  The automatic licence carries no fee and may be renewed every three years on request. The renewal of the licence will also not involve any charges.

 The activities considered as involving the dealing in precious metals and stones include the following:

  • Precious metals production;
  • Manufacture of jewellery and related articles;
  • Wholesale of watches and jewellery;
  • Wholesale of gold and other precious metals;
  • Wholesale of precious stones; and
  • Retail sale of watches, jewellery, precious stones and metals

 Contact Information

 Commerce Department

Email:    tradelicenceapplications@gov.mt

Tel:         +356 25690240

                                                                                                                                                       Published Jan 2021