Malta Freeports Act, 1989

A. Introduction

The Malta Freeports Act, 1989 ("the Act"), provides for a number of substantial incentives, of a fiscal as well as of a non-fiscal nature, which are available to companies licensed by the Freeport Authority.

B. LICENSED COMPANIES

The Freeport Authority may grant a licence to a company to carry out in a Freeport a trade or business where the following conditions are satisfied:

1. It is a company which has been incorporated in accordance with Maltese company law;

2. The licensable trade or business shall consist principally in:

(i) the labelling, packaging, sorting, warehousing, storage, exhibition or assembly of any goods, materials, commodities, equipment, plant or machinery; or