On the 11th of July 2025, Act XVII of 2025 was
enacted which amended several provisions of the Maltese Companies Act. One of the most
significant amendments is the addition of a new simplified
liquidation procedure with the introduction of Article
214A.
Companies which have never traded or have
stopped trading are now provided with a simplified and
less-costly liquidation procedure to efficiently strike
off their name from the Registry. This new simplified
procedure can be used when companies' member(s) initiate a
voluntary Winding Up.
Eligible Companies
For a company to be able to initiate this faster procedure,
it must be validly registered for at least six
months. Regulated entities and public companies are not
permitted to make use of this method.
