EUREKA Network news
Malta has launched a new incentive whereby income from royalties on eligible patents will be exempt from taxation, an initiative which is aimed at encouraging enterprises to invest in research and knowledge creation as well as encourage the exploitation of intellectual property.
Malta has launched a new incentive whereby income from royalties on eligible patents will be exempt from taxation, an initiative which is aimed at encouraging enterprises to invest in research and knowledge creation as well as encourage the exploitation of intellectual property.
Details of the incentive were given by the Government corporation responsible for attracting foreign investment and supporting the economic growth of the country, Malta Enterprise, during a seminar on funding and assistance available for industrial research and innovation held on January 18, 2011.
The seminar, which focused on the importance of R&D and innovation for businesses and industries in their efforts to ensure their competitiveness and consequently their long-term sustainability, also had the aim of generating more awareness about the Eurostars joint programme, which Malta recently joined.
Eurostars Call Coordinator Dr. Peter Chisnall explained the mechanism of the programme and highlighted the various benefits for the companies that get involved, noting that most participants in the Eurostars joint programme forecast growth in employment and turnover.
Original text from the EUREKA Network, here.
Press release on the Malta Enterprise Seminar, here.
Original text from the EUREKA Network, here.
Press release on the Malta Enterprise Seminar, here.
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