Government has announced an aid package aimed at assisting businesses facing difficulties due to the Covid-19 pandemic. We can help you access this assistance, please contact: Alison Mizzi or Silvan Mifsud on this email eu-funding@emcs.com.mt The measure announced are the following: LIQUIDITY Deferred tax payments Possible 3-month moratorium for both personal and business loans Government...
Due to the recent Coronavirus outbreak, Malta Enterprise introduced a new scheme supporting enterprises to invest in new teleworking arrangements. The initiative supports businesses, irrespective of size and sector, to invest in computer hardware, software connectivity and communication solutions (e.g. VPN) The cash grant covers up to the 45% of the eligible cost incurred after...
Dear Clients Kindly note that in view of the COVID-19 outbreak, EMCS will be closing its offices from Monday 16th March 2020 till Friday 20th March 2020. We are undertaking this action to assist in the national effort to contain the spread of the virus. Remote working and meetings Although our offices will be physically...
The importance of Small Businesses to the Maltese Economy is clearly outlined in the Policy note “SMEs’ contribution to the Maltese economy and future prospects”, issued by the Central Bank of Malta in October 2018[1] “Official data suggests that the contribution of Maltese business economy SMEs was close to half of total value added,...
Brief Overview of the Budget 2020 The Maltese economy continues to show strong growth. During the first six months of the year, the Maltese economy grew by 4.7%. Employment is predicted to grow by 4.1% with unemployment rates forecasted to stabilize from the current rate of 3.3% recorded in August 2019 to 3.5% next year....