Bill on Free Zones in Malta Published

Bill 70 of 2018 entitled the “Malta Free Zones Act, 2018” was published on the 16th November 2018.

The bill seeks to provide a regulatory framework for the administration of the affairs of free zones in Malta, and the regulation of undertakings authorised to carry on activities within any free zone in Malta, with a view to fostering economic development and the generation of employment in Malta.

This bill also seeks to establish a Free Zones Authority which will be tasked with, inter alia, administering the affairs of each free zone, and authorising and regulating undertakings which will be carrying out activities within free zones.

A copy of this bill can be found here.