Several notable incentive schemes are approaching their expiration dates. If you are considering investing in initial investment projects or looking to upskill your workforce, now is the time to act.
Secure the support for your business growth and innovation initiatives ahead of the deadline to maximise the benefits available under these schemes.
- Invest – Support for initial investment projects
- MicroInvest Scheme
- Skills Development
Invest – Support for initial investment projects
The Invest Scheme provides aid to undertakings operating in certain qualifying activities (including manufacturing, pharmaceuticals, hotels, computer programming and data hosting, logistics, etc) in respect of an initial investment project commencing after 1 January 2024 and before 31 December 2027.
The aid awarded is calculated as a percentage, ranging between 10-35% (depending on the size of the undertaking, the undertaking’s activity and the location of the project) of qualifying expenditure incurred on the project.
The maximum amount of eligible expenditure on which aid may be awarded is €110 million.
Application forms should be submitted with Malta Enterprise within 12 months from the start of works date but not later than 30 September 2026.
Further information on this incentive scheme may be found here.
MicroInvest Scheme
Assistance under this scheme is provided to self-employed persons and/or undertakings employing less than 50 full-time employees and having an annual turnover of less than €10 million.
Aid under this Scheme is granted in the form of a tax credit amounting to 45% of eligible expenditure (65% for undertakings operating from Gozo and in other specific circumstances) and should be utilised within a three-year period against the tax due on the income derived from the trade or business activity only.
The maximum amount of aid awarded under this Scheme is capped at €50,000 over a three-year period on a group basis (may be increased to €70,000 in certain circumstances).
Companies wishing to apply for this scheme in relation to capital expenditure and increases in wage costs incurred during the calendar year 2025 and availing of the tax credit as from year of assessment 2026 should submit the online application by:
- 25 March 2026 (in the case of self-employed persons)
- 27 May 2026 (in the case of companies)
Further information on this incentive scheme may be found here.
Skills Development
This scheme supports SMEs and large undertakings operating in certain industrial and service sectors to provide training to their workforce, which is not legally required or routine training, and which intends to achieve certain prescribed learning outcomes.
The tax credits, cash grants, or a combination of both, are calculated at a percentage of eligible training costs (including wage costs of the trainees, wage costs of internal trainers, hourly costs for training provided by an external expert, and air travel costs) ranging between 50-70%, depending on the size of the applicant.
The maximum amount of aid that can be awarded under this scheme is €2,000,000 per Skills Development project.
Application forms should be submitted with Malta prior to the commencement of the training programme but not later than 30 September 2026.
Other incentive schemes which will expire later during 2026 include:
With years of experience working with national funding schemes, our team of professionals can provide advice on the various incentive schemes, including advice on maximising the potential aid on certain investment project, and support you throughout the application process. Our experts can prepare and compile the content and collate the documentation required as part of the application form under the various incentive schemes.
Should you need more information or have any questions about these schemes or our support, including entity eligibility, please contact us for further guidance.
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