This scheme encourages business owners to invest in their businesses by expanding and innovating to continue developing their operations. This is available through a tax credit calculated as a percentage of the eligible expenditure.
A tax credit equivalent to 45% of eligible expenditure in favour of each business, may be approved by Malta Enterprise. Additional bonus of 20% (total of 65%) applies to all firms operating from Gozo.
The opportunity to apply for this scheme is available until the 13th of December 2023.
For more information or if in need of any assistance send us an email on [email protected]