The Malta Financial Services Authority has published guidelines regarding the redomiciliation of offshore funds to Malta under the Companies Act, Continuation of Companies Regulations, 2002.

The guidelines specify the documentation required from fund promoters and outline the way the process is handled by the authorisation unit and the registry of companies at the MFSA.

The fund regime in Malta differs from other jurisdictions - it is both flexible and effective in that it allows external administrators and custodians rather than to be necessarily present in the domicile. Furthermore funds which are domiciled in Malta do not pay tax and withholding tax does not apply to non-resident investors.

As recently reported in The Times of Malta, Malta’s regulatory environment, EU membership and low operational costs have attracted many companies such as Bluegold, Pamplona Capital (€1.3 billion), Liongate Capital ($2.5 billion), Finisterre, Fortelus, DAM, Altedge Capital, Occam, Oceanwood, Blue Planet and Tell have moved their offices from offshore jurisdictions to Malta resulting in over 400 funds and sub-funds domiciled in Malta.