The Micro Invest Scheme, an initiative by Malta Enterprise, aims to foster business growth by supporting startups, family-owned enterprises, and self-employed individuals in their pursuit of innovation, expansion, and operational development. This scheme provides financial incentives through tax credits, reducing the financial burden on businesses and promoting economic growth and job creation. 

Under the Micro Invest Scheme, eligible enterprises can benefit from a tax credit of up to 45% on their incurred expenditure, capped at €50,000 over three consecutive fiscal years. This cap increases to €70,000 for businesses operating in Gozo, those registered as family businesses, or those with more than 50% female ownership. The incentive program runs until 31st December 2026, covering eligible costs incurred between 1st January 2023 and 31st December 2024, giving businesses the opportunity to strategically plan and implement their investments. 

Eligible costs covered by the Micro Invest Scheme include: 

• Increased wage costs 

• Furbishing and refurbishing expenses 

• Investment costs 

• Motor vehicle costs 

• Certification costs
  

For expenses incurred in 2023, the late submission application deadline is set for 27th November 2024, allowing additional time for businesses to apply and benefit from the scheme. 

For more detailed information, including program guidelines, please refer to the PDF version of the presentation available below. 

Tri-Mer Services Ltd. invites you to explore this valuable opportunity to enhance your business through the Micro Invest Scheme. Join us in driving the future of your enterprise forward, together.