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ARTICLE · 06 APRIL 2020

COVID-19: Incentives For Business

Following the press conference held on 18 March 2020 wherein Prime Minister Abela announced a set of economic measures intended to aid local businesses in this time of crisis, Malta Enterprise...

MaltaCoronavirus (COVID-19)

Following the press conference held on 18 March 2020 wherein Prime Minister Abela announced a set of economic measures intended to aid local businesses in this time of crisis, Malta Enterprise has issued guidance as well as application forms, on the following business incentives:

Financial Assistance: Postponement of payment of certain taxes:

This incentive gives a two-month extension to enterprises, including self-employed, to pay Provisional Tax, VAT and National Insurance Contribution on Salaries. It applies for taxes owed till end of April.

Facilitation of Teleworking Activities

This incentive is in a form of a call which supports both employers and self-employed persons to invest in technology that enables teleworking and to partially cover the costs of teleworking solutions. Support is limited up to €500 for each teleworking agreement and capped at €4,000 per undertaking. It is important to note that this call covers those costs incurred in the month of

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