ARTICLE · 06 NOVEMBER 2023

Malta Budget Measures 2024

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The Malta Budget, delivered by the Minister for Finance and Employment, Hon. Clyde Caruana, took place on the 30th of October 2023. Here is a summary of the key highlights from Malta Budget 2024.

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Franklin Cachia

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The Malta Budget, delivered by the Minister for Finance and Employment, Hon. Clyde Caruana, took place on the 30^th of October 2023. Here is a summary of the key highlights from Malta Budget 2024.

Economic & Business Measures

The establishment of a Venture Capital Fund with the primary objective of assisting start-ups, especially those investing in technology and those with limited access to finance;
The Seed Investment Scheme, the Startup Finance Scheme and the Skills Development Scheme have all been extended;
A Common Central Data Repository will streamline applicant identification for businesses in Malta, ensuring access to basic bank services, simplifying company formation processes, and introducing audit exemptions for small companies;

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