Malta Enterprise to support businesses with Covid-19 measures

The support measures to minimize the effect of COVID-19 on businesses and self-employed will be administered by Malta Enterprise which will be supporting businesses during these challenging times. These measures along with their application process will be available via the email address [email protected] or by calling 144.

The webpage covid19.maltaenterprise.com will be updated regularly with the latest information on business support measures.

The first set of measures announced by Government which will be administered by Malta Enterprise are described here.

Fiscal assistance – Postponement of payment of certain taxes

This incentive shall lead to a two-month extension for enterprises, including self-employed, to pay Provisional Tax, VAT and National Insurance Contribution on Salaries. This will apply for taxes owed till the end of April.

All tax forms should be submitted according to normal deadlines. The incentive is primarily aimed, but not limited to, the tourism and hospitality, entertainment, transport and manufacturing sectors that are being affected by COVID-19.  For updates and more details please follow our webpage covid19.maltaenterprise.com.

Facilitation of Teleworking activities

This call supports Employers/ Self-employed to invest in technology that enables teleworking and to partially cover the costs of teleworking solutions. Support shall be limited up to €500 per teleworking agreement and €4,000 per undertaking. The grant shall be awarded against 45% of the eligible cost. This call is eligible for costs incurred between 1st March and 30th March 2020. Total support under this call shall be capped at €2M. The link to the incentive guidelines and claim forms can be found on covid19.maltaenterprise.com.

Apart from these two initiatives, Malta Enterprise will continue its exercise of client outreach in order to continue to take stock of the situation.  Malta Enterprise will also assist companies through its various support measures as can be found on maltaenterprise.com/support.

Malta Enterprise will do its utmost to assist each and every company that needs assistance, especially at this particular time.  However, in line with directions by health authorities and in order to safeguard its clients and employees, Malta Enterprise is currently discouraging face to face meetings and encouraging assistance via videoconferencing or phone.

This applies to all its offices including Malta Enterprise Headquarters in Pieta, Business First Offices in Mrieħel, Life Sciences Park in San Gwann and the Kordin Business Incubation Centre.

Clients are encouraged to either call 144, send an email on [email protected] or to contact their Client Relationship Officer at Malta Enterprise.