Every company incorporated in Malta is subject to various statutory deadlines that need to be adhered to in the interest of avoiding fines and penalties and possibly other repercussions. In this article, we are summarising the statutory audit and company tax deadlines for private limited liability companies with a 31st December year end, and we will […]
Malta Enterprise has recently published a business development support measure aimed at boosting value-added projects such as new business initiatives, start-ups, together with business expansions and transformations which are able to play a role in Malta’s regional development. The benefits coming from this scheme are targeted to generate new business opportunities, support and generate highly skilled […]
Individual taxpayers may be required or are requested to file an income tax return with a self-assessment and settle the tax due by 30 June 2024 for basis year 1 January 2023 to 31 December 2023.We are aware that filing a tax return manually or online can be a complex process for the taxpayer so […]
Malta Enterprise has recently launched a new incentive scheme, the Green Mobility Scheme, intending to encourage and incentivise businesses to invest in sustainable transportation and the relevant infrastructure. Eligible applicants must be registered with the Malta Business Registry, have at least five full-time employees and operate from properly licenced commercial premises. This incentive scheme provides support to […]
Protecting your intellectual property is a must in the digital age. It is a legal route to avoid having your unique ideas, products, or services copied or used without your permission. The SME Fund can help you protect many different assets, including trade marks, designs, patents and plant varieties. The SME Fund is a European Commission […]
We are thrilled to announce that the Micro Invest scheme, offered by Malta Enterprise to support micro and small businesses, has been extended for the next two years! Micro and small enterprises and self-employed persons may benefit from a tax credit equivalent to 45% of eligible expenditure (subject to certain conditions). An additional bonus of […]
Malta Enterprise has relaunched the Invest Scheme intended to facilitate initial investments relating to one of following: i. Setting up of a new establishment; ii. Extension of the capacity of an existing establishment; iii. Diversification of existing business; iv. Fundamental change in processes; or v. Acquisition of assets of an establishment that would have closed down. Under this Scheme, eligible undertakings […]
Stay informed about three key initiatives that can transform the trajectory of your business!First up, we delve into the SME Enhance Scheme, offering a gateway to financial support for entrepreneurs aspiring to set up or expand their business. Next, discover the transformative potential of the Digitalise Your Business Scheme, designed to empower businesses in embracing […]
The Managing Authority for the Common Agricultural Policy – Strategic Policy 2023-2027 within the Ministry for the Economy, European Funds and Lands launched the call for applications under Intervention 73.4: Off-Farm Productive Investments.This intervention aims to fund productive off-farm investments related to processing and/or development of agricultural products covering the entire territory of Malta. This […]
Investing in Skills (IIS) is a scheme supported by the European Social Fund+, the Maltese Government, and Employers.It’s part of Malta’s 2021-2027 Operational Programme, focusing on boosting socioeconomic well-being. IIS allocates funds to employers for upskilling their workforce, aiming to enhance productivity and adaptability in the Maltese labour market. This scheme offers a subsidy on […]