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.
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.
Undertakings operating from business premises (any physical location through which business functions and/or processes are conducted, including commercial sites, industrial setups and offices) will be supported with a refund on their rent and electricity payments.
The aim of the incentive is to assist undertakings to analyse the possible effects of Brexit on their business and to develop business strategies to mitigate the impact of Brexit and maximise business opportunity that Brexit might create.
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.
This measure facilitates employment of non-residents in roles which are currently not addressed by the local labour market by temporarily easing the tax expenses incurred by such individuals through a fiscal incentive. Potential beneficiaries may contact Business 1st on 144 for guidance and information about this measure.
These guidelines provide a framework for individuals seeking a determination of eligibility for the option provided by S.L Repatriation of Persons Established in a Field of Excellence Rules, as Subsidiary Legislation to the Income Tax Act (CAP. 123) of the Laws of Malta.
Through this scheme, Malta Enterprise shall support business undertakings to provide training to develop and update the skills and knowledge of their workforce.
The Business Advisory Scheme is designed to support business undertakings operating in Malta access advisory services in the field of Financial Planning, Market Development, Business Planning, Startup and Entrepreneurship and Industrial Space Audit. The scheme is intended to assist entrepreneurs, managers and business owners in formulating business strategies to ensure sustainability and growth.
The scheme is ongoing until 31st December 2020.
Business Associations typically perform activities that support collective development and growth of undertakings within a specific sector. Such activities include networking, information gathering, research, and establishing industry standards.
Certify (Tax Credits) 2018 - 2020 is a fiscal measure administered by the Malta Enterprise Corporation to encourage eligible undertakings to continuously improve the quality of their products, services and processes through the attainment of industry recognised certifications. The scheme is intended to boost awareness of the added value that may be achieved
International markets present various opportunities to forward-looking businesses. Undertakings willing to build capacity to compete in different markets tend to be more innovative in their product/service offerings and processes.
Get Qualified is an initiative that supports the personal development of individuals for the achievement of qualifications and certifications required by industry. The incentive is applicable to individuals following a course of studies leading to a certification, diploma, degree or post-graduate degree courses.
The scope of this scheme is to support manufacturing undertakings operating from Gozo by reducing the additional inter-island transport cost incurred for transporting materials, goods and finished products between Malta and Gozo. This assistance serves to reduce the cost-disadvantages for manufacturers based in Gozo, rendering these businesses in a better position to compete effectively within the single market.
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.
Loan Guarantees facilitate access to finance to assist enterprises in the acquisition of capital assets that will lead to a more effective and efficient production and supply of service/s. The main objective of this incentive is to support new investment projects undertaken by enterprises engaged in manufacturing.
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.
This measure is intended to support the development of Family Businesses in building internal capacities and supporting them in the transfer of their business activity. The support provides advisory during business transition and access to specific training deemed beneficial in facilitating the growth of Family Businesses.
The purpose of the incentive is to assist and facilitate family businesses to transfer their business from one generation to the next by providing benefits including governance and fiscal benefits for the better management and organisation within the family and the business.