Fiscal Incentives:
1. The Tax Relief Scheme in Malta
Companies or individuals investing in audiovisual infrastructure in Malta can qualify for tax credits of up to 50% of their investment on the islands. Tax credits constitute a deduction on tax owed on gains and profits derived from approved activities. See more
Who can benefit from the tax credit?
Any audiovisual company that invest on the following activities:
• the building and management of sound stages and other production facilities
• post-production services
• rental of filming, light and grip equipment
• investment in film laboratories
Who can benefit from the tax credits on infrastructure and labour costs?
Any company investing in infrastructure and services directly related to the audiovisual industry can claim a tax credit of 20% on the acquisition, construction, development or improvement of any industrial building or structure including a warehouse, and including related labour costs. An additional tax credit of 40% on expenditure on plant and machinery is obtainable.
Which is the maximum aid allowed?
The maximum aid allowed to small or medium sized enterprises is up to 50% of the total cost of an approved project. Larger firms are entitled to receive up to 40% of their total eligible investment. Each investment has to create at least four new jobs
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