Family Businesses should plan for succession aiming to retain the status of a family business. Planning should cover issues such as ultimate ownership, financial management, and governance.
Malta Enterprise, may support this process through the Family Business Grant by providing part financing of advisory and mediation services required by Family Businesses towards facilitation and planning of succession.
Types of enterprise: Business registered with the Family Business Office as a family business, having a valid family business certificate.
Applicants must not be defaulting on Income Tax, VAT and Social Security payments.
Applicants must not have exceeded their de minimis aid thresholds at single undertaking level.
Applications must be submitted through the Corporation’s client portal which may be accessed here
The following documents are required;
- Application Form
- Tax Compliance Certificate
- Quotations
- Family Business Certificate
- De Minimis Declaration
