The Trading Licences Regulations, 2017 (published on the 1st
January, 2017, by means of Legal Notice 420 of 2016, the
"Regulations") have substituted the previous regulations
that had been published in 2006 but have left the Trading Licences
Act (Chapter 441 of the Laws of Malta, the "Act")
unchanged.
The substitution has essentially resulted in a significantly
more limited category of commercial activities requiring a trading
licence from the Trade Licensing Unit (the "TLU") when
compared to the range of activities that were licensable under the
previous regime. In fact, many activities that were licensable
under the old regulations no longer require a trading licence and
these are set out in Part I of the First Schedule to the
Regulations. Persons who carry out these commercial activities and
who are in possession of a trading licence issued prior to the
coming into force of these new Regulations, do not need to renew
their trading licence.
