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by docdeek 409 days ago
Do you know if there is a reason they would not domicile in Malta? It's an EU Member State, English speaking, and if buying off politicians in Ireland is easy, it must be easier in Malta with a population of only 550,000 people.
3 comments

Malta is simply too small to accommodate the European headquarters of a major tech company. It's not enough to just put a brass plaque on a door - you need to actually run your EU operations primarily in that country. Meta and Google have thousands of staff in Ireland.

Malta is (along with Gibraltar) a preferred destination for gambling operators.

My guess is just physical/lazy reasons. Before this, they were homed in the UK, whose special arrangements meant that they could avoid a lot of EU regulations that way.

Then Brexit happened and they just moved to the nearest available option.

Yeah, this is pretty ahistorical; most multinational tech companies already had their EU headquarters in Ireland before Brexit. A lot of companies _did_ move operations from the UK to Ireland (or sometimes the Netherlands) as a result of Brexit, but it was mostly financial and insurance companies (plus some pharma, medical devices etc), and those didn't generally move their headquarters if they weren't already in Ireland.
I'm pretty sure Ireland was home to a lot of global corporations EU headquarters way before brexit...
Malta is no longer trying to be an "offshore" destination with lax regulations.