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.
This measure is open to all SMEs that qualify for this incentive and shall allow these undertakings to recover in the form of tax credits, part of the costs incurred for the loan of highly qualified personnel from large undertakings and Research and Knowledge-dissemination Organisation.
The aid shall be granted in the form of tax credits and shall be capped at 50% of the eligible costs.
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.
Since Research & Development initiatives are associated with high risk, it is advisable that undertakings undertake R&D Feasibility studies to determine that the key elements of the proposed research project are based on sound principles.
The aim of this incentive is to assist Industrial Research and Experimental Development activities required by industry for the acquisition of knowledge leading to the development of innovative products and solutions. The measure also encourages cooperation between undertakings by providing additional assistance for collaborative Industrial Research or Experimental Development projects.
This measure is open to all undertakings that employ for a period of at least twelve (12) months a person holding or reading for a doctoral degree in science, information technology or engineering. Beneficiaries shall be awarded a tax credit of €10,000 which shall be capped accordingly if the applicant exceeds the de minimis limited allocated to the single undertaking.
The Patent Box Deduction Rules, 2019 establishes a fiscal regime for income arising from patents, similar intellectual property (IP) Rights and copyrighted software. The rules additionally provide that small companies may utilise the patent box rules on income from any intellectual property based on an invention that could be patented.
EUREKA supports the development of rapidly marketable innovative products, processes and services that help improve the daily life of everyday people.
Participation in Network projects, Eurostars and Clusters amongst other EUREKA instruments raises participants’ international profiles through EUREKA label award, facilitates access to finance for companies involved, offers high degree of flexibility and bottom-up approach to project generation with greater chance of project proposal success.