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Chamber welcomes government support measures

The Malta Chamber of Commerce, Enterprise and Industry has welcomed the launch of the regeneration incentives announced by the government in addition to top-ups to existing direct support schemes. It said the regeneration incentives go beyond addressing the immediate liquidity needs and are aimed at supporting and re-energising businesses and the Maltese economy in the process of recovery.
The chamber said it applauded the enhanced Business Re-Engineering and Transformation Scheme – ‘Change to Grow’, which it championed since its inception back in June 2020. This scheme is now open to a wider cohort of economic operators including micro-enterprises and self-employed entrepreneurs, and the maximum grant has been doubled to €10,000 for implemented projects, to further encourage uptake. ....

Marisa Xuereb , Malta Chamber , Business Re Engineering , Transformation Scheme , Restart Incentive Scheme , Tax Credit Certificates , Micro Invest Scheme , Sustainable Investment Scheme , Sustainable Island , மரிசா கிஷுெறெப் , மால்டா அறை , வணிக ரே பொறியியல் , மாற்றம் திட்டம் , வரி கடன் சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ் , மைக்ரோ முதலீடு திட்டம் , நிலையான தீவு ,

Investment Aid 2021 and Micro Invest 2020: Here is how they work

Malta Enterprise Corporation have recently issued the Investment Aid Guidelines for 2021, applicable from January 1, 2021 and shall remain in force until December 31, 2021.
This measure – which is applicable to SMEs and large enterprises – encourages the setting up of new establishments as well as the expansion and development of existing businesses.
The aid awarded may take the form of a cash grant which is awarded only to eligible projects for which an application is submitted and approved before works start. It could also take the form of a tax credit which is awarded to two types of projects – either those starting before 1 January 2021 or kicking off before obtaining approval or those starting after December 31, 2021 but not later than December 31, 2023 or later if the delay is justified. Such projects need to be approved by December 31, 2021. ....

Malta General , Malta Enterprise Corporation , Investment Aid Guidelines , Enterprise Corporation , Micro Invest Scheme , மால்டா ஜநரல் , மால்டா நிறுவன நிறுவனம் , முதலீடு உதவி வழிகாட்டுதல்கள் , நிறுவன நிறுவனம் , மைக்ரோ முதலீடு திட்டம் ,