Jul
16

Undertakings with Links to Tax Havens not to Receive State aid

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The European Commission ('Commission') has issued a recommendation to Member States that undertakings with links to tax havens (see list ) and/or undertakings that have been convicted of serious financial crimes should not be beneficiaries of any state aid. The aim behind this recommendation is to avoid the misuse of public funds and to strengthen safeguards against tax abuse and financial crime throughout the Union. Nevertheless, it ought to be noted that the recommendation does not absolutely prohibit every undertaking with a link to a listed non-cooperative jur...
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Jun
15

Government Issues an Updated Wage Supplement Scheme

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On Monday 8th June 2020, the Maltese Government announced another financial aid package aimed at economic regeneration. Amongst the numerous measures put in place to assist businesses in recovering from the impact caused by the COVID-19 pandemic, the Government announced an updated Wage Supplement Scheme which is to take effect from July 2020 up until September 2020. In terms of the said updated Wage Supplement Scheme, those businesses which operate in the areas of tourist accommodation, air transport, event organization, travel agencies and language schools will ...
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Jun
08

COVID-19 Temporary Work Benefits Issued by the Ministry for Family, Children’s Rights and Social Solidarity to Stop

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In a Press Release issued on 4th June 2020, the Ministry for Family, Children's Rights and Social Solidarity stated that the temporary benefit granted to parents who stopped working to stay home and take care of their children, together with the additional temporary benefit granted to those persons who lost their employment due to COVID 19 will stop on Friday 3rd July 2020.  Additionally, the temporary benefit granted to those individuals with disabilities and medical conditions who had to stay at home due to their vulnerability and could not work from home w...
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Jun
04

Health Authorities Issue Guidance Document for Offices and Workspaces

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​The Office of the Deputy Prime Minister and Ministry for Health have issued a guidance document for offices and workspaces. The document contains measures which should be followed by employers in order to keep employees safe at the workplace and limit the spread of COVID-19.  These guidelines have been issued following the Government's announcement that most workplaces are to be re-opened and that individuals should return to work, including vulnerable persons. In fact, by means of Legal Notice 232 of 2020 published on the 3rd June 2020, the Protection of Vu...
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May
19

Commission approves Malta’s state aid scheme to support investments in the production of coronavirus-relevant products

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On 12 May 2020, the European Commission approved an €11.5 million state aid scheme to support investments in the production of coronavirus-related products such as vaccines, personal protective equipment, and ventilators. Undertakings operating in sectors related to the production or the diversifying of products related to the coronavirus outbreak may benefit from this scheme through direct grants, repayable advances, and tax advantages. However, beneficiaries must complete investments projects in this regard within six months after receiving the aid. The scheme w...
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