This incentive measure allows companies to claim tax credits on costs incurred directly or indirectly in carrying out an R&D project or projects relevant to the company’s trade. Eligible projects should seek to achieve an advance in a field of science or technology through the resolution of scientific or technological uncertainty.
Support Measures and Other Services
In order to help our clients further improve their competitive edge, Malta Enterprise has developed various incentives for the promotion and expansion of industry and the development of innovative enterprises.
Malta Enterprise provides incentives for enterprises demonstrating commitment towards growth, an increase in value added and employment. Enterprises engaged in manufacturing, ICT development activities, call centers, healthcare, pharmaceuticals, biotechnology, aviation and maritime services, education and training, logistics and more may benefit from these incentives.
Malta Enterprise may provide financial support not exceeding 80% of the eligible costs to support undertakings to carry out investment projects to increase or initiate production of COVID-19 relevant products or to diversify existing production to be able to produce COVID-19 relevant products.
Investment Aid Tax Credits are intended to sustain the regional industrial and economic development of Malta. This measure facilitates initial investments by encouraging the setting up of new establishments and the expansion and development of existing businesses.
The aim of this measure is to support Small Start-up Undertakings that demonstrate a viable business concept and that exhibit commitment to expand and further develop their economic activity.
The Business Development & Continuity Scheme is intended to facilitate value added projects that are expected to contribute to the regional development of Malta and to support existing undertakings sustain operations during restructuring.
The Interest Rate Subsidy scheme is a new measure to support qualifying businesses to subsidise the cost of debt finance of a term loan. Through the support, Malta Enterprise is aiming to facilitate investment in industrial and innovative setups by enabling them to develop their operations and take products and services to the market.
The loan covered by the subsidy shall be issued to procure tangible assets which may consist solely of construction and / or modification of buildings, plant, machinery and equipment.
This is a scheme targeted to limited liability companies engaged in the development of video games with a cultural content. The maximum support per single undertaking may not exceed €200,000 over a period of 3 consecutive fiscal years and shall be established as up to 30% of the qualifying costs incurred for the development of the video game.
Soft Loans support enterprises through loans at low interest rates for part financing investments in qualifying expenditure. The main objective of this incentive is to support new investment projects undertaken by enterprises engaged in manufacturing.
Application for the allocation of industrial spaces larger than 300 sqm
Application for Industrial Space for Small Business Activities
Malta Enterprise Corporation in collaboration with the Energy and Water Agency shall be supporting undertakings in carrying out investments leading to improved energy-efficiency. The assistance is intended to facilitate investments in technological solutions that provide higher energy efficiency and contribute directly towards a reduction in the energy requirements of the beneficiaries.
The aid awarded through this measure shall be in the form of a cash grant or a tax credit (which can be utilised against tax payable by the beneficiary) or a combination of both.
Limited availability of funds many times prohibits small business from carrying out new investment projects and may consequently lead to the loss of business opportunities. The Micro Guarantee Scheme has the objective to accelerate growth by facilitating access to debt finance for smaller business undertakings.
As from 1st January 2020, tenants of Malta Industrial Parks Ltd situated at Ta’ Qali crafts village will be supported in the development of their business premises situated within the Artisan Village.