Business Promotion In Malta
In conformity with Malta’s aim to attract and aid foreign direct investment, Maltese
legislation offers a number of incentives, both fiscal and non-fiscal, to companies involved
in qualifying activities.
The qualifying activities which are targeted by the Business Promotion Act include:
- Pharmaceuticals and Medicinal products
- Medical, precision and optical instruments
- Biotechnology
- Waste treatment and recycling
- Research and Development
- Electronic and telecommunications equipment, semiconductors and other components
- Software development, implementation, installation and support
- Production of audio-visual productions including films, advertising programmes or commercials and documentaries
- Machinery and engineering
- Repair, improvement and maintenance of aircraft, yachts, motor boats, turbines
gantry cranes and their equipment
- Fabricated metal products
- Rubber and plastic items
- Jewellery and related articles
The business support given is varied and includes a package of incentives which features, among other things:
A. Fiscal Incentives
• Reduced rates of income tax
• Investment tax credits
• Investment allowances
• Relief from double taxation
B. Non-fiscal Incentives
• Provision of industrial buildings at competitive rates of rent
• Low interest rate loans
• Loan interest rate subsidies
• Loan Guarantees
• Training assistance
• Work permits
For specific advice relating to the various incentives applicable to particular
business projects, please feel free to contact us and we shall be glad to pledge
our assistance and advice suited to your particular needs.