Boasting a highly productive English speaking workforce, a European time zone, a Mediterranean lifestyle, competitive incentives package, as well as frequent air and sea connections, all make Malta a sure choice for foreign direct investment and international trade.
One of the many marinas in Malta
Malta Enterprise has developed a new set of incentives for the promotion and expansion of industry and the development of innovative enterprises.
Malta Enterprise provides incentives for foreign direct investors and local enterprises demonstrating commitment towards growth and increase in value added and employment.
Enterprises engaged in manufacturing, ICT development activities, Call Centres, Healthcare, Pharmaceuticals, Biotechnology, among others, may benefit from these incentives.
The incentives are subdivided into six (6) separate themes, namely:
Investment Aid: Companies engaged in specific activities can benefit from tax credits on capital investment and job creation.
SME Development: Grants targeting the creation and development of innovative start-ups, and the development of forward looking small and medium-sized enterprises.
Enterprise Support: Assistance to businesses to support them in developing their international competitiveness, improving their processes and networking with other businesses.
Access to Finance: Companies may be assisted through loan guarantees, soft loans, loan interest subsidies or royalty financing in the case of highly innovative projects.
Employment and Training: These incentives are administered by the Employment & Training Corporation. Enterprises are supported in recruiting new employees and training their staff.
R&D and Innovation: Various incentives will be offered to stimulate innovative enterprises to engage in research & development.
Tony Harkén