The fast-moving consumer goods (FMCG) industry, also known as the consumer packaged goods sector offers numerous investment opportunities to local and foreign enterprisers in Malta. This is because one can set up various types of companies here. Among the business opportunities the Maltese FMCG industry offers are:
- – grocery stores;
- – toiletries shops;
- – drugstores;
- – cosmetics shops;
- – supermarkets;
- – mini-markets.
Additionally, transportation and truck companies can also thrive from carrying and delivering products in the FMCG sector in Malta. Our company incorporation consultants in Malta can offer information on the business opportunities in the FMCG industry.
Classification of products in the FMCG industry in Malta
As seen above, there are various alternatives available to those setting up companies in the FMCG sector in Malta. According to the International Standard Industrial Classification (ISIC), fast-moving consumer goods are divided into:
- – fruits and vegetables;
- – meat products;
- – over-the-counter (OTC) drugs;
- – cosmetic products;
- – beverages;
- – tobacco;
- – paper products;
- – detergents and soaps.
These are just a few of the products deemed consumer packaged goods in Malta. Starting from these products, various licenses need to be obtained when opening a company in the Maltese FMCG industry.
Opening a FMCG company in Malta
No matter if one wants to open a supermarket or a drugstore in which FMCG products will be sold, the first step is to register the company with the Commercial Registrar. The limited liability company is the most employed type of entity used to establish a FMCG business in Malta. Our company formation agents in Malta can assist with the registration process.
Following the registration, the company will be required to apply for one or more licenses, among which:
- – import licenses;
- – trading licenses;
- – retail licenses.
It must be noted that special licenses are required for selling tobacco and tobacco-based products and alcoholic beverages.
If you are interested in setting up a company in the FMCG industry in Malta, do not hesitate to contact our company registration representatives. You can also rely on us for information on the legislation related to importing goods into Malta.