Partnership

Formation

 

Incorporation of partnerships require a partnership deed in which the partners enter into an agreement regulating their contributions and other rights and obligations in relation to the operations of the partnership.  A certificate of registration is issued by the Malta Registrar of Companies. 

 

There are 2 Partnership types as follows:

 

Partnerships En Commandite

 

This type of Partnership will have:

 

  • at least one general partner (unlimited liability);

  • usually taxed at partners' level but if capital is divided into shares it will be subject to tax at partnership level (like a company).

 

Partnerships En Nom Collectif

 

In this type of partnership, the partners will be subject to unlimited liability and be taxed at partners’ level.

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