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Category: Articles

Changes in operator’s Licence for the Carriage of Goods using Light Commercial Vehicles

Posted on by SME Chamber

This regulation starts from the 21st of May 2022

Transport Malta announced that the international carriage of goods by road using Light Commercial Vehicles with a maximum permissible mass exceeding 2,500kgs but not exceeding 3,500kgs within the European Union will start to be regulated as from the 21st of May 2022.

This change was introduced by Regulation (EU) No. 2020/1055 which forms part of a set of changes to the Road Transport market referred to as Mobility Package I.

As from 21st May 2022, any undertaking that uses LCVs to carry goods for hire or reward between Member States of the EU need to hold a Road Haulage Operator Licence. This is the same type of licence which currently applies to the carriage of goods by road using heavy goods vehicles. More information about this licence can be found here.

Transport Malta invites undertakings – sole traders, companies or other businesses – who use LCVs to carry goods between Malta and any other EU Member State, or between other EU Member States, to apply for such licence.

Undertakings who fail to obtain such a licence will not be able to continue their operations beyond the above-mentioned date.

In order to do so, you are invited to contact the Road Transport Licensing Unit by:

Visiting at Transport Malta’s offices, from Monday to Friday between 07:30 and 14:00 (kindly call before for an appointment), at:

Level 0, A3 Towers, Triq l-Arkata, Paola.

Phone on: Freephone: 80072393 (from landline only); Direct: 25555190

Email via: ">; ">

SME Chamber and Malta Enterprise organises a Webinar on grants for cost saving investments

Posted on by SME Chamber

Malta Enterprise offers 3 schemes related to sustainability

The Malta Chamber of SMEs and Malta Enterprise organised a webinar about the available grants for cost saving investments.Malta Enterprise CEO Mr Kurt Farrugia welcomed all participants during his opening speech, while Ms Nadia Grech, Head, SME Regeneration and Sustainability at Malta Enterprise explained further about the following schemes:

-Change to Grow

-Smart and Sustainable Investment Grant,

-Investment Aid for Energy Efficiency Projects

Although all schemes qualify for cost saving investments, the assistance covered varies. The Change to Grow Grant covers up to Euro 10,000 which is split between advisory and implementation. Businesses requiring a large investment, can opt for the Smart and Sustainable Investment Grant which covers up to Euro 50,000 grant with an additional Euro 20,000 in tax credits if the projects meets certain criteria. One may opt to benefit from the advisory services covered under the change to grow and the grant under the smart and sustainable grant scheme for the implementation phase.

Finally larger investments requiring more resources such as the Investment in substitution or upgrading of equipment and installations to reduce energy consumption or the Renovation or upgrading of equipment of existing installation for heating (or cooling) systems can fall under the Investment Aid for Energy Efficient Projects which covers grants up to 15 million and covering up to 50% of the investment cost.

During the Webinar, members where provided with case studies, in order to understand better how the above schemes can be successfully applied, thus ensuring more cost saving initiatives for the benefit of their business.

Masterclass on Financial Capability and Financial Services

Posted on by SME Chamber

The Malta Chamber of SMEs in collaboration with GEMMA, will be organising a second masterclass for businesses’ specifically dedicated on Financial literacy and Financial Capability. 

 

The event will be held on Tuesday 23rd February 2022 at 14:00 – 16:00. 
The modules covered during this session are:
  • Financial Capability – Delivered by HSBC
  • Financial Services – Delivered by Deloitte

 

The session is Free of Charge. An electronic certificate of a attendance can be provided upon request.
 
For further information you are kindly requested to get in touch by sending an email to  or call on 21232881.

New amendments to the Companies Act

Posted on by SME Chamber

Recently, MBR published a notice on the changes coming into force through amendments to the company Act.

The Registrar of Companies are reminding business owners that some of the Amendments to the Companies Act (Act LX of 2021) are in force, primarily the provisions related to the use of digital tools and processes as well as the appointment and the holding of the office of directors. 

More specifically, the following have been highlighted:

  • Contents of the memorandum and articles of the Company (Article 69)

  • Appointment of Directors (Article 139)

  • Statutory company directorship reporting requirements (Form K & Form K(1)

  • Disqualification of Directors (Articles 140 & 142); and

  • Legislative Powers of the Registrar (Article 401)

Further detailed information can be obtained from the notice issued by the Malta Business Registry at https://mbr.mt/2022/01/28/legislative-amendments-introduced-by-act-lx-of-2021/ and in the case of difficulty you can contact MBR’s Legal and Enforcement Unit on .

Malta Chamber of SMEs meets Identity Malta’s new CEO Mr Mark Mallia

Posted on by SME Chamber

The SME Chamber looks forward to see the cooperation between both sides increase

Malta Chamber of SMEs CEO Ms Abigail Agius Mamo and Head of Policy Mr Andrew Aquilina met Identity Malta Agency new CEO Mr Mark Mallia.

The SME Chamber congratulated Mr Mallia for his new role and discussed further cooperation between both entities.

Ms Agius Mamo said that the SME Chamber looks forward to see the cooperation between both sides increase in the interest of all stakeholders involved and to have a healthy employment market.

The Malta Chamber of SMEs has a long-standing working relationship with Identity Malta. With the joining of the new CEO, the Chamber of SMEs looks forward to continue building this relationship and to enhancing the service offered.

The SME Chamber believes that whilst recruiting TCNs has become a necessity, it is still an extremely lengthy and costly experience for everyone. It is therefore in everyone’s interest to improve on this experience.

The SME Chamber and Identity Malta will be maintaining an open channel of dialogue in order to address issues that arise and to simplify the process wholistically and making Malta’s dependence on TCNs more sustainable for the country as a whole.

SME Chamber organises its first webinar on sustainable practices for your business

Posted on by SME Chamber

This was the first session out of a series of 6

The Malta Chamber of SMEs and HSBC Malta Foundation organised a webinar entitled Sustainability for Small Businesses delivered by Dr Roberta Lepre from WEAVE CONSULTING.

This webinar highlighted the opportunities for SMEs pertaining to sustainability with a particular focus on climate change.

This was the first session out of a series of 6 which we will be organising throughout 2022.

Should you wish to join our next session please contact us on ">.

Consultation: St Paul’s Bay to undergo regeneration

Posted on by SME Chamber

You are kindly requested to submit and feedback by not later than Monday 14th February

The Malta Chamber of SMEs has recently held meeting with the Tourism Zones Regeneration Agency tasked with implementing the regeneration plan in the Ares of  Saint Paul’s Bay, Bugibba and Qawra.

A specific regeneration committee has been set up to discuss and push forward proposals that would improve the area. Additionally Malta Chamber of SMEs is also being requested to propose actions directly concerning the commercial community and which would ultimately benefit and improve this area.

In this regard, we would like to ask members to raise any particular issues that need to be addressed and also propose actions to improve the current state of play in the area.

Based on the feedback received, the Malta Chamber of SMEs will be compiled and passed on and submitted accordingly.

You are kindly requested to submit and feedback by not later than Monday 14th February.

Feedback is to be sent to Andrew Aquilina on "> or by phone on 21232881.

Business Opportunities from Israel this month

Posted on by SME Chamber

GET IN TOUCH FOR MORE INFORMATION!

View of Tel Aviv beach in summer time with Israel Flag

As part of our efforts to promote business matchmaking for Israeli companies, The Federation of the Israeli Chambers of Commerce (FICC) announced several business offers from companies and its members.

All companies within the list of business offers are looking for new business partners, distributors, representation or suppliers.

Companies interested to get more information related to these business offers and full list of business offers, please contact Fabian Demicoli by email on 

Click here for the full list of business offers.

Companies who find these offers relevant to them may contact FICC directly and approach Ms. Yonat Keren: ">