{"id":513,"date":"2023-10-20T10:10:16","date_gmt":"2023-10-20T10:10:16","guid":{"rendered":"https:\/\/companyincorporationmalta.com\/?p=513"},"modified":"2023-10-20T10:10:18","modified_gmt":"2023-10-20T10:10:18","slug":"creating-a-commercial-partnership-in-malta","status":"publish","type":"post","link":"https:\/\/companyincorporationmalta.com\/creating-a-commercial-partnership-in-malta\/","title":{"rendered":"Creating a Commercial Partnership in Malta"},"content":{"rendered":"\n<p>The registration of companies falls under the regulations of the\u00a0<strong><a href=\"https:\/\/www.companyincorporationmalta.com\/company-act-in-malta\">Maltese Companies Act<\/a><\/strong>\u00a0which was enabled in 1995. The same legislation applies to\u00a0<strong>partnerships<\/strong>\u00a0as well, even if the first law regulating the creation of partnerships was the\u00a0<strong>Commercial Partnerships Ordinance<\/strong>\u00a0of 1962.\u00a0<strong>The Maltese Commercial Code divides commercial partnerships into partnership \u201cen nom collectif\u201d or general partnership and partnership \u201cen commandite\u201d or limited partnership<\/strong>.\u00a0<strong>Maltese commercial partnerships<\/strong>\u00a0have legal personalities separated from the personalities of their members and must be registered with the Trade Register. Also,\u00a0<strong>commercial partnerships may be re-registered as\u00a0<a href=\"https:\/\/www.companyincorporationmalta.com\/open-a-maltese-limited-liability-company\">limited liability companies in Malta.<\/a><\/strong><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #002e5b;color:#002e5b\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #002e5b;color:#002e5b\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/companyincorporationmalta.com\/creating-a-commercial-partnership-in-malta\/#registering-a-maltese-general-partnership-%e2%80%9cen-nom-collectif%e2%80%9d\" title=\"Registering a Maltese general partnership (\u201cen nom collectif\u201d)\">Registering a Maltese general partnership (\u201cen nom collectif\u201d)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/companyincorporationmalta.com\/creating-a-commercial-partnership-in-malta\/#establishing-a-limited-partnership-in-malta\" title=\"Establishing a limited partnership in Malta\">Establishing a limited partnership in Malta<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"registering-a-maltese-general-partnership-%e2%80%9cen-nom-collectif%e2%80%9d\"><\/span><strong>Registering a Maltese general partnership (\u201cen nom collectif\u201d)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The main characteristic of the&nbsp;<strong>general partnership in Malta<\/strong>&nbsp;is that the partners have unlimited and joint several liability with respect to the debts and obligations of the partnership. The partners in a&nbsp;<strong>general partnership<\/strong>&nbsp;will be held liable for the debts of the partnership with all their properties. The&nbsp;<strong>Maltese general partnership<\/strong>&nbsp;is created by deed of partnership and must have at least two participants. The deed of partnership is drafted and signed by the partner and it must also be registered with the&nbsp;<strong><a href=\"https:\/\/www.companyincorporationmalta.com\/trade-register-in-malta\">Maltese Trade Register<\/a><\/strong>. The information to be stated in the deed of partnerships are:<\/p>\n\n\n\n<ul>\n<li>&#8211; the names and residence of all partners,<\/li>\n\n\n\n<li>&#8211; the partnership\u2019s name,<\/li>\n\n\n\n<li>&#8211; the registered office which must be in Malta,<\/li>\n\n\n\n<li>&#8211; the object of the partnership,<\/li>\n\n\n\n<li>&#8211; the contribution of each partner.<\/li>\n<\/ul>\n\n\n\n<p>Also, if the&nbsp;<strong>partnership<\/strong>&nbsp;is concluded for a fixed period of time, the duration must be declared in the deed of partnership.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"establishing-a-limited-partnership-in-malta\"><\/span><strong>Establishing a limited partnership in Malta<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The&nbsp;<strong>Maltese limited partnership (\u201cen commandite\u201d)<\/strong>&nbsp;will be registered under a partnership name which will be stated in the deed of partnership. Compared to the&nbsp;<strong>general partnership<\/strong>,&nbsp;<strong>a limited partnership<\/strong>&nbsp;will have one or more participants which will have joint and several liability for the partnership\u2019s debts and limited partners which will be held liable for the amount they contributed with to the partnership.<\/p>\n\n\n\n<p>The&nbsp;<strong>Maltese limited partnership<\/strong>&nbsp;is required to have at least one general and one limited partner.&nbsp;<strong><a href=\"https:\/\/www.companyincorporationmalta.com\/register-company-malta\">Maltese companies<\/a><\/strong>&nbsp;may also be general partners in limited partnerships. When it comes to the share capital of<strong>&nbsp;commercial partnerships in Malta<\/strong>, it may be divided into shares or only the value of the contribution of each partner may be declared in the deed of partnership.<\/p>\n\n\n\n<p>For details about&nbsp;<strong>the advantages of setting up commercial partnerships,<\/strong>&nbsp;please&nbsp;<strong><a href=\"https:\/\/www.companyincorporationmalta.com\/contact-us\">contact<\/a><\/strong>&nbsp;our&nbsp;<strong>company incorporation agents in Malta<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The registration of companies falls under the regulations of the\u00a0Maltese Companies Act\u00a0which was enabled in 1995. The same legislation applies to\u00a0partnerships\u00a0as well, even if the first law regulating the creation of partnerships was the\u00a0Commercial Partnerships Ordinance\u00a0of 1962.\u00a0The Maltese Commercial Code divides commercial partnerships into partnership \u201cen nom collectif\u201d or general partnership and partnership \u201cen commandite\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":96,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[202,205,204,201,203],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Creating a Commercial Partnership in Malta<\/title>\n<meta name=\"description\" content=\"Find here how to set up a commercial partnership in Malta. 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