Digitalise your Micro Business

Who is eligible for this scheme?

This incentive is open for microenterprises. A micro-enterprise is defined as an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million.

What costs are covered by this aid?

Costs that are covered by this scheme include Hardware or Software*:

a. Commercial Off-The-Shelf (COTS)

b. Hardware (such as Laptops, Docking Station, Port Replicator, Monitors, Tablets)

c. Cloud computing

d. Installation including any training costs on the use of the specific item acquired under points above and included in the purchase price of the item in question, and thus from the same provider.

* For subscription based software, the cost of a 2-year subscription will be considered as the eligible cost item

The aid value for the identified eligible expenditure shall be reimbursed through the application of actual cost incurred and paid and capped at the value of the quotation submitted with the application or the invoice amount, whichever is the lowest.

What is the maximum amount of funding which can be obtained?

The maximum funding amount under this scheme is €10,000 for the investment in digital technologies on the basis of actual cost incurred part-financing eligible costs up to 50% for investments in Malta and 60% for investments in Gozo. A maximum of 1 application per undertaking shall be eligible for funding under this scheme.

When are the cut off dates for this Scheme?

Whilst the Digitalise your Micro Business will remain operational until 30 June 2026, subject to availability of funds, it is worth noting that the next round of cut-off dates are the following:

Should you require any further assistance or require any further information about the reduced rate of tax, do not hesitate to contact us so that we may assist you.

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