Recent Corporate Law Developments In Malta: A Venture Capital Perspective

Over the years, Malta has introduced a number of corporate forms for the facilitation of international business, including protected cell companies (PCCs), incorporated cell companies (ICCs), securitisation vehicles and a range of specialised structures tailored to the needs of cross-border venture capital investors and complex financing arrangements. Certain recent reforms have shifted the focus towards more innovative and founder-oriented structures, such as the introduction of youth enterprises and sports private limited liability companies, alongside proposed extensions to the existing cell company framework for non-regulated companies and conversions, which remain yet to be fully implemented. Domestic developments run in parallel with the much-discussed ‘EU Inc’ regime, which, as most readers will already know, represents an ambitious attempt to create a harmonised, venture capital (VC) friendly company framework across the European Union.