The Maltese government is committed to assisting industry with research and development of innovative products and solutions. A range of incentives are available to help companies of all sizes to innovate and grow in areas such as the digital economy, energy efficiency, environment, globalisation, innovation, sustainability and training.
In most countries and industry sectors, an elaborate system of financial incentives is available to fuel your R&D, innovation, and other business investments. These incentives are available for both domestic investments and growth opportunities abroad. The multitude of opportunities becomes more complex when you consider that within each country, local and regional governments have the authority to fund incentives of their own. Identifying, understanding, and prioritising the right incentives for your organisation can be a time-consuming and challenging undertaking—but it's also one that can generate significant benefits.
To take advantage of the grants, credits and incentives available to a business requires time and effort. Deloitte’s Gi3 teams are highly experienced in the practicalities of preparing, negotiating and agreeing such applications from initial feasibility reviews to document submission. Deloitte's knowledge and experience in this specialised area provides clients with the confidence of knowing that the incentives which can impact their cost of business have been considered and evaluated.
Deloitte delivers Gi3 services using the Incentives Insight methodology. It is powered by I Smart technology, streamlining and accelerating the gathering and processing of data and information needed to make informed business decisions.
R&D claims and Government Incentive applications often receive intense regulatory scrutiny. Deloitte provides assistance in resolution of any such audits as well as support related to claims and information requests or objections from relevant government bodies. Our teams include former officials with various regulatory agencies who have an in depth understanding of the regulatory processes.
Identifying eligible R and D activities and preparing robust supporting documentation is often unfamiliar territory for businesses who may not have the resources needed to complete the paperwork required to file a claim.