PKF Malta News

The Global Emotions 2024 report from polling company Gallup placed Maltese fourth highest in levels of worry and 10th highest.

Malta Enterprise has recently published a business development support measure aimed at boosting value-added projects such as new business initiatives, start-ups, together with business expansions and transformations which are able to play a role in Malta’s regional development.

The Measures and Support Division, within the Ministry for European Funds, Equality, Reforms and Social Dialogue (MEES) has announced a new aid scheme “Retrofit” which has launched on the 1^st of May 2024. Retrofit aims to support investments to tackle heavy upfront expenses associated with renovating buildings in the private sector, more specifically, commercial buildings.

The startup ecosystem in Malta is attractive to both local and foreign entrepreneurs for a wide range of reasons: simple incorporation, low costs for startups, an appealing tax regime, assisted factory programs, skilled workers, and the possibility of developing indigenous tech sectors.