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Home News & Events IP NEWS: Tax Exempt Income For Royalties Arising From Patents

IP NEWS: Tax Exempt Income For Royalties Arising From Patents

Thursday, 20 January 2011 15:12

Malta Enterprise have launched a new incentive whereby income from royalties on eligible patents will be exempt from taxation.  Companies are increasingly required to invest in research, development and innovation to ensure that they remain competitive in today's market.  Various funding opportunities are also available in addition to the possibility for collaboration with European institutions for technology transfer and sharing of resources.  Maltese companies also benefit from schemes available for R&D and innovation, which includes tax credits, business advisory services as well as specific schemes making use of ERDF funds.