Malta to offer 250,000 euro tax credits to start-ups

VALLETTA, March 8 (Xinhua) -- Start-ups in Malta will be able to claim tax credits worth up to 250,000 euros (265,000 U.S. dollars) a year under a scheme launched by the country's economy ministry on Wednesday.

Details of the Seed Investment Scheme were revealed during a press conference by the Maltese Minister for the Economy, European Funds and Lands Silvio Schembri.