The objective of this scheme is to encourage undertakings to invest in their business, innovate, expand, and implement compliance directives or to develop their operations. Such undertakings which may include self-employed persons and will be supported through a tax credit representing a percentage of the eligible expenditure including wages of newly recruited employees.
Applicants are required to hold all the documentation related to their application in a separate file. This file shall be made available to the Corporation or its appointed auditor on request. The beneficiary will keep the records for ten (10) years from the issuing of the IEC.
Extension of Submission Deadline (Self-Employed)
Due to disruptions caused by COVID-19, Malta Enterprise is extending from 25th March 2020 to 30th April 2020 the primary deadline for self-employed persons to submit their MicroInvest application. Applicants are still urged to submit their applications at the earliest possible so that the evaluation process can still function efficiently.
|De Minimis Declaration (2020)|