Topic
Grants & incentives
Malta Enterprise schemes, tax credits, grants and support measures for businesses.
130 news items and articles, newest first
-
Voluntary Occupational Pension Schemes Rules
By means of LN 228 of 2017, entitled ‘Voluntary Occupational Pension Scheme Rules’, the Malta Government has launched a number of tax incentives for contributions paid to qualifying schemes established in the context of…
-
COVID 19 – Extension of period for filing FIAU’s Risk Evaluation Questionnaire (REQ)
As part of the measures taken by various Government authorities in response to the Coronavirus outbreak, the FIAU has, on the 16 March 2020, announced that it will be granting subject persons an extension up to 4 May,…
-
COVID – 19 – Teleworking Grant Scheme
On the 16th March 2020, Malta Enterprise issued new Guidelines under the Business Development and Continuity Scheme to facilitate the possibility for employers to provide teleworking arrangements to their employees who…
-
New Financial Assistance and Other Measures – COVID-19
The Government has yesterday introduced a new financial aid package as well as other measures intended to alleviate the burden which businesses and employees are currently facing because of COVID-19. Earlier on this…
-
Tax Relief for Coronavirus-Hit Businesses
Business owners and self-employed people whose trade has been most affected by a coronavirus-sparked slump will have all tax and social security payments due for March and April postponed. The payments will instead be…
-
Mitigation Procedures Regarding COVID-19
We would like to inform our esteemed clients, suppliers and business associates that with effect from Monday 16th March 2020 and until further notice, partners and staff will be working behind closed doors. This means…
-
Tax implications of the Coronavirus
The Coronavirus Covid-19 is creating economic disruption of which the impact is expected to be durable even in the second half of the year. After the 2008 recession, this virus has been declared as the greatest danger…
-
New VAT Rules for SMEs Agreed
The Council of the EU has reached an agreement on the amendments to the VAT Directive in relation to SMEs. The objective of the amendments is to reduce the administrative burden and compliance costs for SMES, and in…
-
Qualifying Employment in Innovation and Creativity (Personal Tax) Rules
The Malta Government has on the 5th November 2019, published Legal Notice 282 of 2019, which revised the Qualifying Employment in Innovation and Creativity (Personal Tax) Rules, which shall be deemed to have come into…
-
Brexit Support Scheme Regulations 2019
The Government of Malta has issued new rules to provide assistance to SME undertakings that operate in Malta and which have a significant dependency on the British market in terms of import and export. The aid will…
-
New Seed Investment Scheme Rules
By means of Legal Notice 170 of 2019, the Government of Malta has published new seed investment scheme (income tax) rules. The purpose of these rules is to grant tax relief to natural persons investing in start-ups. The…
-
New Seed Investment Scheme Rules
By means of Legal Notice 170 of 2019, the Government of Malta has published new seed investment scheme (income tax) rules. The purpose of these rules is to grant tax relief to natural persons investing in start-ups. The…
-
New Tax credits for hotels and restaurants
Malta Enterprise has announced a new scheme which is aimed at incentivising businesses to invest in the refurbishment of hotels and restaurants. The incentive consists of tax credits which are calculated on the…
-
Malta Digital Innovation Authority set up with effect from 15 July 2018
By means of Legal Notice 250 of 2018, the Minister for the Digital Economy has established the 15th of July, 2018 as the date on which the provisions of the Malta Digital Innovation Authority Act shall be deemed to have…
-
Tax Credit (Construction Waste Recycling) Rules
New rules were introduced by virtue of which tax credits will be granted to persons who are in possession of a permit issued by the Environment and Resources Authority for the acceptance in their quarries of…
-
Taxation of Maltese Retirement Funds and Schemes
Introduction The Maltese tax authorities have issued guidelines with respect to the taxation of Maltese retirement funds and schemes, as well as the taxation of beneficiaries of retirement income from such schemes. The…
-
Tax Credit (Higher Educational Qualifications) Rules
The Maltese Government has issued new rules to provide for tax credits to individuals who are in possession of qualifications as outlined below, who derive income from full time employment (or full time employment with…
-
New tax incentives for employees in the Maritime sector
By virtue of LN 140 of 2018, Malta has introduced new tax rules which provide tax incentives to employees employed in a qualified employment in maritime activities and in the servicing of offshore oil and gas industry.…
-
Certify Scheme Regulations
By means of LN 119 of 2018 and in terms of Guidelines issued by Malta Enterprise, eligible undertakings, may receive assistance in accordance with terms and conditions set out in the said Guidelines. Applications for…
-
Investment Aid for Energy Efficiency Projects Regulations
By means of LN 122 of 2018 and in terms of Guidelines issued by Malta Enterprise, eligible undertakings, may receive assistance in accordance with terms and conditions set out in the said Guidelines. Applications for…
-
Tax Credits Supporting the Refurbishment of Hotels and Restaurants Regulations
By means of LN 120 of 2018 and in terms of Guidelines issued by Malta Enterprise, eligible undertakings, may receive assistance in accordance with terms and conditions set out in the said Guidelines. Applications for…
-
MGA Publishes Directive on Start-Up Undertakings
The Malta Gaming Authority he ‘MGA’), following the publication of the Gaming Licence Fees Regulations has issued a directive in order to lay down the procedure whereby an entity may be recognised as a start-up…
-
Malta issues a new regulatory framework for collective investment schemes using virtual currencies
The Malta Financial Services Authority has published new rules regulating collective investment schemes using virtual currencies. The regulatory framework being presented will be the first of its kind, making Malta the…
-
Maltese tonnage tax scheme approved by the European Commission
The EC has conditionally approved under EU State aid rules the Maltese tonnage tax scheme for a period of 10 years. This scheme lays down a level playing field between shipping companies in Malta and those in Europe,…
-
Voluntary Occupational Pension Schemes
By means of LN 228 of 2017, entitled ‘Voluntary Occupational Pension Scheme Rules’, the Malta Government has launched a number of tax incentives for contributions paid to qualifying schemes established in the context of…
-
Announcement of Call 2 for the SME Growth Grant Scheme and the Start-up Investment Grant Scheme
The Measures and Support Division within the Ministry for European Affairs and Equality (MEAE), designated by the Managing Authority as the Intermediate Body responsible for administering aid schemes for enterprises…
-
Innovation Aid for SME’s
Introduction Malta Enterprise (ME) has recently launched a new scheme, the scope of which is to assist SMEs that qualify for this incentive to recover in the form of tax credits, part of the costs incurred for the…
-
Tax Credits for Catering Establishments – Catering Capacity Building
Introduction Malta Enterprise (ME) has recently launched a new scheme, the scope of which is to assist hospitality and catering establishments engaging a chef to support in capacity building, innovation, and in the…
-
Tax Credits for R&D and Innovation
Introduction Malta Enterprise (ME) has recently launched a new scheme, the scope of which is to assist undertakings that employ for a period of at least twelve (12) months a person holding or reading for a doctoral…
-
Start-Up Finance 2017 – 2020
A new incentive was recently launched by Malta Enterprise targeting specifically Start-Ups in their early stages of development. The aim of this measure is to finance innovative undertakings in their early stages of…