Malta Incentives: Business Development

Malta Enterprise has launched new guidelines for the Business Development Scheme, providing aid in the form of tax credits and/or cash grants of up to €300,000 covering up to 75% of eligible costs to support value added projects.

• The setting up, expansion and modernisation of facilities for the carrying out of the following activities:
  • Manufacturing; industrial service analogous to manufacturing; maintenance repair and overhaul of electro mechanical equipment, air craft and sea going vessels; software development; video game development; the development and/or provision of digital solutions intended for an international markets; waste recycling; product development and design; activities related to development and manufacture of pharmaceuticals and medical devices; filming, recording and editing of audio and visual content; and research and development.
• Environmental actions
• Innovative New Businesses
• Facilitating Employment of Workers with Disabilities
• Collaborative Projects
• Upgrading of Industrial Sites and Hotels
• Establishment and upgrading of Artisan Facilities
• Business Re-engineering and Digital Transformation
• Access to Markets and Certification

• Wage costs
• Lease and Rental of industrial and non-residential properties
• Shared industrial or business facilities
• Advisory services
• Procurement of tangible and intangible assets
• Digital technologies
• Construction costs
• Relocation costs of employees

• The measure does not apply to enterprises that generate revenue
  • directly or indirectly through gambling activities;
  • the sale of real estate as a business activity;
  • wholesale or retail activities;
  • the provision of financial services.

• The measure does not apply to public entities;
• Applicants must not be defaulting on Income Tax, VAT and Social Security payments; and
• Applicants must be eligible to receive de minimis aid.