Micro Invest is open to all sorts of undertakings, but those who apply must satisfy all of the following criteria:
This tax credit is eligible to cover:
Particular entities would be eligible to benefit from a tax credit the equivalent of 45% of qualifying costs up to a maximum of €50,000 over three consecutive fiscal years. An additional bonus of 20% (up to a total of a 65% tax credit) applies to undertakings operating from Gozo. Capping is increased by €20,000 (to a total of €70,000) for undertakings operating from Gozo, registered as a family business or that have more than 50% of the ownership attributed to female persons.