Investors have always been interested in incentives for their businesses, no matter the country of establishment. Therefore, many who analyze the open market before registering a company can find out if there are dedicated programs that involve incentives. Malta is a country that offers many encouragements for foreign investors who want to position their business, grow when they recover, and enjoy profits. Our company formation agents in Malta offer support in terms of formalities for those who want to open a business in this country and benefit from the incentive schemes offered.
The Maltese authorities have implemented in 2021 the Business Development program which is aimed at business owners who intend to consolidate their business, expand and become more technological. With this program, participants can access grants in the form of grants or tax credits of up to EUR 200,000. This type of Malta incentives schemes can be used in the following cases:
These are the most important benefits of the new incentive program offered in Malta. However, in order to qualify for this scheme, you need to work in certain industries, as mentioned in the program. Find out from our team of company formation agents in Malta what are the steps to follow in order to benefit from Malta incentives plans.
The above-mentioned program is addressed to companies operating in fields such as the development of digital services and systems, manufacturing, research & development, entertainment and video games for international markets, handicraft works, waste management, industrial services and solutions, digitization of processes.
Even if you do not fall into the above-mentioned areas, but the company has potential for development and performance, you can benefit from tax incentives in Malta, with the help of this program. We invite you to talk to our company formation specialists in Malta and find out more about Malta incentives schemes.
An important Malta Incentives schemes refers to the one imposed on the distribution of profits. If they have already been subject to a reduced fee, they will not be charged again. It is important to note that this benefit also extends to the amounts that have not been subject to taxation on the account of investment tax credits and specific tax credits or special incentives valid in Malta.
The Maltese authorities have implemented a number of specific programs to help them develop their business in this country, in a safe and advantageous climate. Here are some of these schemes which relate to Malta incentives plans:
In terms of investments in Malta, foreigners benefit from a stable economic and political environment, where they can develop in a relatively short time. Here are some statistics in this direction:
Want to know more about tax incentives in Malta and the business opportunities you can have in this country? We invite you to talk to our company formation specialists in Malta. Contact us right away.