The Malta Enterprise has launched a new set of incentives for the:
• promotion and expansion of industry, and
• development of innovative enterprises

These incentives are available for:
• foreign direct investors, and
• local enterprises
…engaged in a number of activities as long as commitment towards growth and increase in value added and employment is demonstrated.


The incentives are subdivided into six themes:
1) Investment Aid
2) SME Development
3) Enterprise Support
4) Access to Finance
5) Employment and Training

The tax credit scheme for small businesses applies to businesses which employ less than 10 workers. Maltese businesses will be able to benefit from a 40% tax credit on investment as long as their annual turnover does not exceed € 2 Million. For these businesses to qualify they must be VAT registered with the Maltese VAT Department and have all the necessary permits in place.

The above applies to sole traders as well as businesses.