Micro Invest encourages small to medium enterprises (including start-ups and self-employed) to invest in their business, by innovating, expanding and developing their operations. Undertakings benefiting from this measure will be supported through a tax credit calculated as a percentage of eligible expenditure and wages costs.

​

Malta Enterprise will approve a tax credit equivalent to 45% of eligible expenditure. An additional bonus of 20% (total 65% tax credit) applies to undertakings operating from Gozo.

The maximum eligible tax credits per single undertaking is capped at €50,000 over any period of three (3) consecutive fiscal years except for start-ups established in Gozo and female-owned undertakings (i.e. at least 51% shares held by females), where the capping is set at €70,000. Once issued, the MICRO INVEST TAX CREDIT certificate is valid for up to three years for SMEs, and five years for start-ups.

 

Eligibility criteria are:

​

• must employ at least one person but not more than 50 people;

• company turnover must not exceed €10 million.

 

One can apply for a tax credit on the below costs:

​

• Wage Costs (Eligible undertakings may apply for a tax credit on an increase in wage costs that exceeds 3%);

• Furnishing & Refurbishing (requires photographic evidence);

• Investment Costs (includes machinery, technology (devices, hardware & software), apparatus and instruments);

• Commercial Vehicle Costs (capped to one vehicle over a period of 3 years and which is registered in Malta for the first time);

• PV System Costs.