Exploring Financial Funding and Assistance Options for Companies in Malta: How Quazar Can Help
- Sergio Montebello
- Oct 18, 2024
- 2 min read
Malta offers a range of financial funding and assistance programmes designed to support companies across various industries. These schemes aim to encourage investment, innovation, and growth within the Maltese economy, making it an attractive destination for businesses seeking to expand or establish operations.
Government Grants and Subsidies: The Maltese government provides numerous grant opportunities and subsidies to help businesses with their operational costs, research, and development. Through agencies like Malta Enterprise, companies can access schemes such as the Business Development Scheme, which offers financial support for business expansion, or the MicroInvest Scheme, which provides tax credits to small and medium-sized enterprises (SMEs). Other initiatives include incentives for businesses engaged in energy efficiency, digital transformation, and innovation.
EU Funding: Malta, being a member of the European Union, also benefits from various EU funding programmes. Maltese businesses can apply for funds under the European Structural and Investment Funds (ESIF), which focus on enhancing economic development, innovation, and environmental sustainability. Horizon Europe, an EU programme supporting research and innovation, is another notable option for companies focusing on technological advancements and sustainable growth.
Tax Incentives: Malta’s tax regime provides attractive incentives for companies, particularly those operating within the finance, iGaming, and manufacturing sectors. Through the Participation Exemption, companies can benefit from tax-free profits on qualifying investments. Additionally, the Patent Box Regime provides tax relief for companies generating income from intellectual property. There are also incentives for businesses to reinvest profits, making Malta a tax-friendly jurisdiction for enterprises.
Private Equity and Venture Capital: Businesses in Malta can tap into private funding sources such as private equity firms and venture capital funds. These forms of financing are essential for start-ups or businesses in the scale-up phase, offering them not only financial resources but also strategic guidance from experienced investors.
Bank Loans and Credit Facilities: Traditional bank loans remain a vital source of funding for Maltese companies. Several local and international banks offer competitive loan products, including working capital loans, trade finance, and long-term credit facilities for expansion or new projects.
At Quazar, we understand the complexities of navigating these various funding options. Our team of experts is equipped to assist companies in identifying and securing the right financial support, whether through government grants, tax incentives, or private funding. With our tailored approach, Quazar ensures that businesses in Malta can achieve their growth objectives with the optimal financial backing.