Establishes the National Office for Foreign Direct Investment Screening
12 Jun 2020
On 12 July 2020, the Government of Malta announced that it established a National Office for Foreign Direct Investment Screening as implementing entity for the EU Regulations on FDI screening. The Office shall review foreign investment in form of greenfield projects, joint ventures or takeovers and acquisitions, when a potential owner, title holder or ultimate beneficial owner comes from a non-EU country. Mandatory clearance is required for company registration.
The investment screening regime applies to the following sectors and activities:
(a) critical infrastructure (energy, transport, water, health, communications, media, data processing or storage, aerospace, defence, electoral or financial infrastructure, and sensitive facilities);
(b) critical technologies and dual use items (artificial intelligence, robotics, semiconductors, cybersecurity, aerospace, defense, energy storage, quantum and nuclear technologies as well as nanotechnologies and biotechnologies);
(c) supply of critical inputs, including energy or raw materials, as well as food security;
(d) access to sensitive information, including personal data;
(e) the freedom and pluralism of the media.
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Type:
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Entry and establishment (Approval and admission)
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Industry:
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Primary (Agriculture, forestry and fishing)
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Manufacturing (Manufacture of food products, beverages and tobacco products, Printing and reproduction of recorded media, Manufacture of coke and refined petroleum products, Manufacture of basic pharmaceutical products and pharmaceutical preparations, Manufacture of computer, electronic and optical products, and electrical equipment, Manufacture of machinery and equipment n.e.c.)
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Services (Electricity, gas, steam and air conditioning supply, Water supply, sewerage, waste management and remediation activities, Transportation and storage, Publishing, audiovisual and broadcasting activities, Telecommunications, Computer programming, consultancy and related activities, Financial and insurance activities, Scientific research and development, Other professional, scientific and technical activities, Public administration and defence; compulsory social security, Human health activities, Arts, entertainment and recreation)
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