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The Investment Aid Tax Credits scheme has been re-launched, covering the period 1st July to 31st December 2020.
The Investment Aid shall be awarded in relation to expenditure incurred by the 30th June 2014 in respect to an initial investment project which comprises any of the following:
The investment must remain in the region of Malta for at least five years or three years in the case where the beneficiary is an SME. The Investment Aid provided will take the form of tax credits calculated as a percentage of qualifying expenditure incurred.
The total amount of investment aid that may be awarded shall not exceed:
For more information about this scheme contact our Tax Advisor, Benjamin Griscti, on bgriscti@ksimalta.com.