Ease of Doing Business

A number of issues make it difficult for businesses to establish themselves in Malta and to carry out day-to-day operations. Chief among these are:

• the duplication of due diligence efforts by various entities;

• the excessively long time it takes to open a bank account;

• the difficulty of getting credit particularly for working capital financing or non-property investments;

• the process of registering a property;

• the process of getting water and electricity service;

• the excessive waiting times for obtaining regulatory licences;

• excessive bureaucracy in obtaining accessibility certification for commercial premises;

• the messy user interface of Government services;

• the very bureaucratic and unpredictable procedures involved in recruiting and retaining third country nationals;

• the ineffectiveness of judicial remedies for resolution of civil and commercial disputes;

• the slow resolution of insolvency issues. Improvements on all these issues are required to improve the attractiveness of Malta as a location for business.

This event, which forms part of SME Week 2023 and is being organised in collaboration with MBR, will feature a comprehensive agenda comprising local speakers from MBR, The Malta Chamber and other experts in the field, one panel discussion, and networking opportunities. Renowned experts, government officials, and industry leaders will share their insights and experiences on various topics related to ease of doing business. Key discussion points will include:

• Administrative and legislative changes in the MBR framework i.e. restructuring of registry unit and transposition of mobility directive
• The role of the banks when granting loans, overdrafts and credit
• MBR’s proposed centralised repository solution
• Easy access to finance for niches
• Incorporation of new commercial partnerships and the vetting of documents in relation to dissolutions and liquidation accounts
• EU single access point
  
  

AGENDA

SPEAKERS