Malta lies at a strategic crossroad between Europe and Africa acting as a meeting point of cultures and languages. In addition, Malta has a long-established and strong democratic tradition. English, a joint official language with Maltese, is the language of education and business. Although being the smallest of the European Union’s member states, Malta is one of the fastest growing financial services centers. Moreover, it also offers various business incentives for facilitating the setting up and growth of businesses.
Provision of Immovable Property
Firstly, industrial buildings can have competitive rates of rent.
Soft Loans
Qualifying companies may benefit from low interest rate loans covering up to 75% of the qualifying expenditure.
Loan Interest Rate Subsidies
Alternatively, companies may qualify for a subsidy on the interest rate payable on loans taken up from licensed financial institutions to acquire additional assets.
Loan Guarantees
Guarantee may be available covering up to 75% of loans taken up by qualifying companies to finance the acquisition of assets.
Training assistance
Qualifying companies may benefit from substantial training assistance. Depending upon whether a company is classified as “large”, “small or medium” enterprise, such assistance vary from 35% to 80% of costs incurred on training.
If you would like to benefit from the above business incentives, request a free consultation. Mr Malcolm Mejlaq is licensed to provide various services in connection with company formation in Malta. Whether assisting with opening a company’s bank account, dealing with issues relating to the employment of expatriate personnel or the provision of registered office in Malta.
