Family Business Office Incentives

Bank Financing

  • Bank Financing

    The SME Guarantee Scheme (SGS) facilitates increased lending and aims at enhancing SME access to bank credit for new investment as well as other purposes; including for working capital related to new investment and business transfers.

    Malta Development Bank

Fiscal Incentives

  • Family Business Transfer

    Business Transfer – Parents transferring their family business to their children during this one year period will benefit from a reduced stamp duty of 5% to 1.5% with no capping on the amount to be transferred. For further information refer to S.L. 364.15 Duty on Donations of Marketable Securities and Immovable Property used for Business (Exemption) Order as amended.

    Guidelines

  • Immovable Property

    When transferring a family business, duty on immovable property shall be chargeable on the first €500,000 of the value of the property transferred at the advantageous rate of €3.50 per €100.00.

    For further information refer to Chapter 364 of the Laws of Malta ‘DUTY ON DOCUMENTS AND TRANSFERS ACT’, as amended

    Guidelines

  • Shares Interest

    When transferring shares, interests in a partnership, trust or foundation no account shall be taken of the first one hundred and and fifty thousand Euro (€150,000) or such other greater amount.

    For further information refer to Chapter 364 of the Laws of Malta ‘DUTY ON DOCUMENTS AND TRANSFERS ACT’, as amended.

    Guidelines

Governance Incentives

  • Advisory

    The Family Business Office, in collaboration with Malta Enterprise, offers support for professional advisory and mediation services to help registered family businesses plan succession, manage transitions, and strengthen long-term growth.

    Through the Family Businesses Grant Scheme, eligible businesses can receive up to €20,000 in support over three years, including:
    – 50% of advisory costs, up to €2,500 per project.
    – Mediation services up to €100 per hour for 25 hours.

    Approved, independent advisors provide expert guidance in succession planning, governance, and business continuity, helping family enterprises secure their future.

     

    Download Guidelines and Application Forms

  • Micro Invest

    Micro Investment of a maximum tax credit of €70,000 rolling over a three year period.

    Download Guidelines and Application Forms

  • Education and Training

    Through these schemes Family Business owners and their employees will be able to receive training to develop and update their skills and knowledge. The current available scheme shall support training and knowledge transfer intiatives that will support owners and employees to acquire new skills, knowhow and knowledge.

    Skills Development Scheme

  • Lease Renewal

    The positive consideration of lease renewals occupying government premises; When a registered family business is occupying industrial government premises or land on lease or emphyteusis respectively as prescribed under Chapter 325 the Business Promotion Act and subject to the business satisfying all the conditions of the tenancy agreement, the Regulator shall recommend to the Malta Enterprise Corporation and, or Malta Industrial Parks to renew the tenancy, which renewal shall not be unreasonably withheld when the objectives of the renewal are to ensure the continuity of the family business between family members.