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By virtue of Legal Notice 187 of 2020, the Maltese Government has authorised a rent subsidy scheme which seeks to benefit eligible undertakings requiring support to rent industrial space for developing a business activity. When the application for the said scheme is successful, Malta Enterprise would provide fiscal assistance amounting up to € 25,000 annually, and which can cover up to half the amount of the rental costs.
A deadline to apply for such scheme has been set until 31 December 2022. Guidelines regarding the renewal of such scheme are yet to be published. However, should you need any more information and assistance regarding such scheme, please do not hesitate to reach out as our professional team at KSi Malta are always happy and willing to help.
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