Malta is a popular choice in Europe for entrepreneurs and companies looking to set up a business on the island. One of the more favourable reasons is the Malta Tax benefits and opportunity for businesses to reduce their effective rate of corporate tax to 5%, making it one of the lowest in the EU. However, the Malta Government has positioned itself as a pro-business island offering incentives and support for businesses setting up in Malta. Thus, in this article, we will explore if your business can qualify for these incentives as well as what support your business can receive in Malta.
Firstly, Malta Enterprise is responsible for offering support measures and incentives for businesses in Malta. Malta Enterprise develops incentives for the promotion and expansion of companies to improve their competitive edge within the global market. Malta Enterprise actively engages with many industries including manufacturing, ICT development activities, call centres, healthcare, pharmaceuticals, biotechnology, aviation and maritime services, education and training and logistics, to name a few.
Malta Enterprise offers significant incentives to SME Startups and Businesses.