Malta Flag

Malta

Please see below for a summary of payment terms in Malta and the various industries across which payment term legislation appears. You can also download a summary of all Maltese payment terms by clicking the button below.

Please click here to view payment terms for the European Union.
Industries Laws Codes Notes Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

LAWS

The Commercial Code (Amendment) Order 2014, and previously 2012, enacts the EU Late Payment Directive (see European Union for details).

  • Government
  • Comm_terms_law
  • Construction
  • Manufacturing
  • Retail_agriculture
  • Services
Go to link

L.N. 266 of 2021 of the Supplies and Services Act of Malta enacts the EU UTP directive, setting maximum payment terms for regular and non-regular deliveries. (see European Union for details).

  • Comm_terms_law
  • Retail_agriculture
Go to link

NOTES

See European Union for the Directive on Unfair Trading Practices in the Food Supply Chain which was adopted on 30 April 2019.

  • Retail_agriculture

INTEREST RATE

The statutory interest rate for commercial transactions is specified in article 120 of Book 6 of the Civil Code. The rate is the European Central Bank refinancing rate plus 8%, and is set semi-annually and published on the government website.

Ready to liberate your cash?

Discover the source of value in your supply chain

Contact our sales team