Topic
Grants & incentives
Malta Enterprise schemes, tax credits, grants and support measures for businesses.
130 news items and articles, newest first
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Overview of Article 6 of the Income Tax Act – Tax Incentives for Insurance & Investment Services Expatriates in Malta
The Maltese tax regime under Article 6 of the Income Tax Act (ITA) is tailored to attract highly qualified expatriate professionals into the investment services and insurance sectors. By offering generous tax exemptions…
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Malta Budget 2025 – Tax credits on donations
The Minister of Finance and Employment has on the 28th October 2024 presented the Budget Speech for the year 2025. A new tax credit will be introduced on donations made by enterprises to NGOs operating in the social,…
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Malta Budget 2025 – Tax credits to parents of disabled children
The Minister of Finance and Employment has on the 28th October 2024 presented the Budget Speech for the year 2025. The tax credit which is available to parents of disabled children who require specialised therapy is to…
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Micro Invest Scheme 2024
Micro Invest Scheme 2024 has been recently relaunched by Malta Enterprise. This scheme offers tax credit of 45% of eligible costs incurred in 2023. Subject to certain qualifying conditions, this percentage may increase…
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Assistance to Business Start Regulations
The Government of Malta has by means of Legal Notice 49 of 2024 published the above-mentioned rules which are applicable as from 1st January 2024. Where Malta Enterprise Corporation is satisfied that the undertaking is…
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Exploring Research Grant Regulations
The Government of Malta has by means of Legal Notice 50 of 2024 published the above-mentioned rules which are applicable as from 1st January 2024. Where Malta Enterprise Corporation is satisfied that an undertaking…
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Research and Development (2024) Regulations
By means of Legal Notice 53 of 2024, the Government of Malta has published the above-mentioned rules which came into force on 1st January 2024. The aim of these rules is for Malta Enterprise to assist undertakings that…
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Skills Development (2024) Regulations
By means of Legal Notice 54 of 2024, the Government of Malta has recently published new rules, to relaunch the Skills Development Scheme whose aim is to provide a cash grant or a tax credit to undertakings carrying out…
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Start-up Finance Regulations
By means of Legal Notice 55 of 2024, the Government of Malta has published new rules to aid small start-up undertakings. Such rules came into effect on the 1stt January 2024. Malta Enterprise has also published…
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Tax Credit (Construction Waste Recycling) 2020 – 2023 Rules
In 2020, the Government of Malta had by means of Legal Notice 218 of 2020 issued new rules granting a reduced rate of tax of 5% on chargeable income derived by persons during the calendar years 2020 to 2023 and who are…
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Tax Credit in respect of Therapy Costs provided to Children with Disability
The Government of Malta has published Legal Notice 296 of 2023 This LN amends LN 70 of 2023, by virtue of which any person who on or after 1st January 2023 incurs professional fees for the provision of approved therapy…
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Extension of the Get Qualified and Higher Education schemes
The Minister of Finance has in his Budget Speech for the year 2024 announced that tax credits will continue to be provided to students studying for a Masters Degree or Doctorate and benefiting from the Get Qualified and…
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Fiscal incentives for highly qualified persons
The Minister of Finance has in his Budget Speech for the year 2024 announced that the current fiscal incentives applicable to certain highly qualified persons will be revised and harmonised to cater for the skills…
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Incentives on property restoration
The Minister of Finance has in his Budget Speech for the year 2024 announced that: Incentives for persons buying or selling property which is more than 20 years old and has been vacant for more than 7 years or where the…
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Increase in the tax credit for children with disabilities undergoing therapy
The Minister of Finance has in his Budget Speech for the year 2024 announced that as from next year, the Government will increase to €500 (up from €200) per year, the tax credit to parents of children with disabilities…
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Taxation in relation to immovable property
The Minister of Finance has in his Budget Speech for the year 2024 announced that: The scheme applicable for first time buyers and second time buyers will be extended for another year. No income tax and stamp duty will…
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Tax credit in respect of therapy costs provided to children with disability
The Government of Malta has published Legal Notice 70 of 2023, by virtue of which any person who on or after 1st January 2023 incurs professional fees for the provision of approved therapy to his or her child shall be…
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Startup Residence Programme
Eligibility and Requirements Further to the recent launch of the Startup Residence Programme, the following is a list of the eligibility criteria which need to be satisfied by the applicant, who is required to: have a…
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Startup Residence Programme
Residency Malta Agency, in collaboration with Malta Enterprise, has launched the Startup Residence Programme, a programme aimed at non-EU nationals wanting to take up residency in Malta based on innovative business…
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New Schemes for tourism operators in Gozo
The Ministry for Gozo has recently launched two new schemes as an incentive for the tourism industry in Gozo. Scheme one – Supporting Marketing Initiatives for specific niche tourism markets in Gozo 2022 The business…
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COVID-19 fiscal assistance – Repayment of taxes eligible under the Tax Deferral Scheme
The Ministry for Finance and Employment has released a Press Release in relation to the repayment of taxes that were eligible under the Tax Deferral Scheme which was launched in March 2020. Beneficiaries that have been…
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Budget 2022 – Grant to first time buyers
Minister Clyde Caruana has on the 11th October 2021 presented the Government’s budget for the year 2022. First time buyers buying qualifying properties will receive a grant of €15,000, which will be increased to €30,000…
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Regeneration Schemes- New Set of Economic Measures Announced
Earlier today, the Prime Minister of Malta together with the Minister for Energy, Enterprise and Sustainable Development announced a new set of business support measures. The aim of such measures are: to provide direct…
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Investment Aid 2021 Regulations
The Investment Aid 2021 Regulations, introduced by L.N. 156 of 2021, provide assistance in the form of tax credit or a cash grant to qualifying undertakings. The aim of the scheme is to encourage the setting up of new…
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Gozo Back Office Employment Scheme 2021
The Ministry for Gozo has on the 26th January 2021 launched the Gozo Back Office Employment Scheme 2021. This scheme will provide assistance to employers, in the form of partial reimbursement of salaries for full-time…
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SME Fund to Protect Trademarks and Designs
The SME Fund is a new scheme managed by the European Union Intellectual Property Office (EUIPO) and its objective is to financially support SMEs (small and medium sized enterprises) that wish to protect their trademarks…
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Business Re-Engineering Scheme
The business re-engineering scheme aims to assist businesses, specifically small and medium–sized enterprises, in making key changes in the way they operate in order to address the challenges which have been brought…
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Wage Supplement Scheme 2021
This new wage supplement scheme is targeted to assist businesses and self-employed who were mostly hit by the pandemic The new wage supplement scheme aims to cover employees that have been replaced during Summer 2020.…
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Tax Credits for Micro- Enterprise and Self-Employed
The introduction of Legal Notice 444 of 2020, has brought along amendments to the Tax Credits for Micro Enterprises and the Self-Employed Regulations (Subsidiary Legislation 463.09). Such amendments will apply…
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Rent Refund Scheme
In addition to the Electricity Refund Scheme, Malta Enterprise has on the 2nd of September 2020 launched the Rent Refund Scheme, whereby undertakings that operate from a business premises will be supported with a refund…