The Investment Aid Scheme aims to sustain the regional industrial and economic development of Malta. This measure facilitates initial investments, within qualifying economic activities, by encouraging the setting up of new establishments as well as the expansion and development of existing businesses, for both SMEs and Large Enterprises. The aid awarded under this scheme shall […]
Tax Credits for Micro Enterprises and the Self-Employed (Rules relating to credits to be claimed on any expenses incurred in 2020) Micro 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 20% (total 65% tax credit) applies to undertakings operating from Gozo. For an eligible […]
In the Budget speech for 2021, Finance Minister Prof. Edward Scicluna announced various measures for the regeneration and stimulation of the economy. A number of incentives forming part of the Economic Regeneration Plan targeting the retail, catering, and tourism sectors and the property sector were extended whilst various fiscal, social, and environmental measures were rolled-out […]
During the past days, the Malta Business Registry has issued an important notice to the Company officers on the new register of BO (Beneficiary Owners) procedures. This applies to companies for which a corporate shareholder is present in the structure of the Company. If this applies to your company, you will be notified by our […]
On 8 June 2020, the Prime Minister, the Minister for Finance and Financial Services and the Minister for the Economy, Investment and Small Businesses announced a €900 million package of measures intended to regenerate the economy following the COVID 19 pandemic. For further information on what measures this plan entails please click on the following […]