The Micro Invest Scheme 2026–2030, administered by Malta Enterprise, provides a framework for small businesses in Malta to recover part of their investment through tax credits, while supporting operational development and growth.

Who can apply?

The scheme is designed for businesses employing between 1 and 50 individuals, including self-employed persons, provided they are VAT registered and compliant. It applies at the level of a “single undertaking”, meaning that businesses connected through ownership or control are treated as one entity for the purposes of the scheme.

What can each single undertaking* get?

Under the current framework, eligible businesses may benefit from a tax credit of up to 65% of qualifying expenditure, increasing to 85% for businesses operating from Gozo. Over a period of three years, the total support may reach €65,000, with the possibility of an additional €20,000 in specific cases, such as family-owned businesses, female-owned businesses, social enterprises, and businesses based in Gozo.

* A “single undertaking” means a group of companies treated as one business if they are connected through ownership or control. 

Eligible costs incurred as of 2026 

As from 2026, the scope of eligible expenditure remains broad and reflects common areas of business investment. This includes:

  • Wage increases;
  • Investment in machinery and equipment;
  • Refurbishment of business premises;
  • Motor vehicle; and
  • Digital solutions such as software, websites, and SaaS platforms.

Main differences 

The updated scheme introduces several changes compared to previous versions. These include an increase in the co-financing rate by 20% and a higher overall funding cap. It also allows businesses to claim eligible costs incurred over the preceding three consecutive calendar years, provided specific conditions are met. 

At the same time, eligibility criteria for motor vehicles have been tightened, and a higher minimum invoice threshold now applies, with invoices below €500 (excluding VAT) no longer qualifying.

Positioning your business for eligibility

Applications are submitted annually, and claims may cover qualifying expenditure within the applicable eligibility period. This means that businesses currently undertaking or planning investments should assess their position in a timely manner to ensure that eligible costs are captured. Engaging a CPA, can significantly accelerate approval timelines.

RSM Malta supports businesses in assessing eligibility and structuring claims under the Micro Invest Scheme, with a focus on aligning the claim with the underlying investment activity and ensuring compliance with scheme requirements.
 

Article written by Theodora Debono - Consultant, Financial Advisory