Discusses pricing formula and other fees, value-added tax (VAT), etc.

Maltese law does not regulate prices or profit margins for products or service.  However, the Price Indication Regulations direct how retailers should display their prices.  Sellers must to ensure that prices displayed are accurate and must be easily identified and clearly legible.  Furthermore, the price indicated must be the same as the price charged at the cash point.  This also applies to special offers and sale items.  The Price Indication Regulations also require that sellers display prices in Euros and include VAT and any other taxes or charges. Exempted products include goods supplied for re-selling, goods sold at an auction, goods provided in the course of a service, and works of art and antiques.  Service providers have no legal obligation to display a price list.

Firms should consider payment and credit terms when pricing a product.  Orders for the Maltese internal market are usually very small by international standards.
Maltese importers generally expect a Cost, Insurance, and Freight (CIF) quotation; however, quotes on a Free on Board (FOB) basis are also acceptable.  With the exception of food and pharmaceutical products, VAT is 18 percent on most products.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.