Foreign Direct Investment

Malta

  • 15/10/2020
  • Jurisdictions

Malta does not have a formal FDI screening mechanism in place yet.

Legislative developments

Legislative developments include the recent set up of the National Foreign Direct Investment Screening Office (the Maltese Office) to implement the provisions of the EU FDI Screening Regulation. Although no national legislation is yet in place, the Maltese Office’s website states that it will be available soon.

It is expected to provide for screening in the following sectors: (i) critical infrastructures, (ii) critical technologies and dual-use items, (iii) supply of critical inputs, (iv) access to sensitive information and (v) freedom and pluralism of the media. Investors will be required to notify FDI to the Maltese Office. The Maltese Office will have the power to impose administrative penalties for failure to notify, refusal to provide information, or providing incorrect, inaccurate or incomplete information.

 

The above information is a summary that does not constitute legal advice. For exhaustive information, advice, and assistance please get in touch with our lawyers.

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