Country detail incentives | EAFO

European Alternative Fuels Observatory

Filter

Malta

Capital: Valletta

Population: 493,559

Total land area (km2): 316 km2

Passenger cars: 291,664

Highway (km): 0 km

Category	Description
Purchase Subsidies	Malta - Purchase Subsidies For individuals, local councils, NGOs and Private Companies ( as defined in the legal notice) : Option A -€7,000 when registering a new electric vehicle while de-registering and scrapping another ICE vehicle which is at least 10 years old from its year of manufacture. Option B - €6,000 grant on the purchase of a new electric vehicle without scrapping an older ICE vehicle.; Option C - €2,000 grant for the purchase of a second hand electric vehicle which is not older than 36 months and should not exceed 15,000km on the odometer without scrapping an older ICE vehicle. Option D - 25% of the CIF value which amount is capped to €6,000 fot the purchase of a new electric quadricycle, or electric motorcycle. Option E - 400 grant for the purchase of a pedelec/motorcycle/scooters/moped/tricycle or quadricycle. Companies can avail themselves from a total of 200,000 Euros, made up of the various grants above. The 200,000 Euro limit is in line with State Aid Rukes. Other Grant scheme and condition for individuals, local councils and NGOs are published in the national goverment gazette. Other grants according to CO2 emission values and in association with scrapping an older ICE vehicle. https://www.transport.gov.mt/Land/Transport-Schemes-2020/Electric-Vehicles-Plug-in-Hybrids-3707
Registration Tax Benefits	Malta - Registration tax benefits Registration Tax of vehicles is based on Lengh of vehicles, Emissions and Age. For Electric Vehicles registration Tax is zero, which means additional cost savings between 1,000 and 3,000 Eur.
Ownership Tax Benefits	Malta - Ownership tax benefits Electric Vehicles pay 10 Euros per year. Normal annual road licenses for ICE vehicles varies and goes higher for vehicles depending among other attributes such as emissions, and age.
Company Tax Benefits	Malta - Company tax benefits Maximum grant of 14,000 but capped as follows per car: Option A - 7,000 grant on the purchase of a new full electric vehicle in conjunction with an over ten year old ICE conventional vehicle. Option B - 4,000 grant on the purchase of a new electric vehicle without scrapping an older ICE vehicle. Option C - 4,000 grant for the purchase of a second hand electric vehicle which is not older than 12 months and not in conjunction with scrappig electric vehicles. Option D - 3,000 for the purchase of hybrid electric vehicle. Option E - 2,000 grant for the purchase of an electric quadricycle. Other grants according to CO2 emission values and in association with scrapping an older ICE vehicle. ALSO tax incentives in tax return: Deduction Electric Vehicle rules, the deduction from a company’s chargeable income would be equivalent to 150 % and not 125% for electric vehicles and the deduction for vehicles with emission between 0 - 70g/km would be equivalent to 125%, of the cost incurred on the qualifying expenditure, subject to a maximum deduction of €25,000 for each electrical vehicle (qualifying expenditure). Moreover, such a deduction under these rules would mean that the company forfeits depreciation deductions for that particular electric vehicle/s for the duration of the useful life of the electric vehicle/s.
Local Incentives	Malta - Local Incentives Use of priority lanes in Valetta. No Valetta CVA charge
Infrastructure Incentives	Malta - Infrastructure Incentives New Car Importers and Fleet Management companies can apply for a maximum grant of 25,000 Euro to update their service gargares or re-train personnell. Electric Car owners can charge their vehicles at home using residence electricity subsidies. Make use of the three solar car ports around Malta for charging and I22
Other Financial Benefits	Malta - Other Financial Benefits "Use of priority lanes in Valetta. No Valetta CVA charge. Additional tax benefits for commercial undertakings when it comes to the estimation of depreciation, No registration tax, which means considerable additional financial assistance especially in the case of EVs which are larger and are considered to be premium class, and from which, private undertakings could get a total of not more than €200,000 in grants in line with the current State Aid Rules, "
Announced policy changes	Malta - Announced policy changes A new updated grant scheme for 2020 ha been approved, and waiting for approval by the Sate Aid Monitoring Board.
Procurement	Malta - Public procurement Public procurement for the purchasing and leasing of vehicles is in line with EU legislation.

Category	Description
Purchase Subsidies	Malta - Purchase Subsidies For individuals, local councils, NGOs and Private Companies ( as defined in the legal notice) : Option A -€7,000 when registering a new electric vehicle while de-registering and scrapping another ICE vehicle which is at least 10 years old from its year of manufacture. Option B - €6,000 grant on the purchase of a new electric vehicle without scrapping an older ICE vehicle.; Option C - €2,000 grant for the purchase of a second hand electric vehicle which is not older than 36 months and should not exceed 15,000km on the odometer without scrapping an older ICE vehicle. Option D - 25% of the CIF value which amount is capped to €6,000 fot the purchase of a new electric quadricycle, or electric motorcycle. Option E - 400 grant for the purchase of a pedelec/motorcycle/scooters/moped/tricycle or quadricycle. Companies can avail themselves from a total of 200,000 Euros, made up of the various grants above. The 200,000 Euro limit is in line with State Aid Rukes. Other Grant scheme and condition for individuals, local councils and NGOs are published in the national goverment gazette. Other grants according to CO2 emission values and in association with scrapping an older ICE vehicle. https://www.transport.gov.mt/Land/Transport-Schemes-2020/Electric-Vehicles-Plug-in-Hybrids-3707
Registration Tax Benefits	Malta - Registration tax benefits Registration Tax of vehicles is based on Lengh of vehicles, Emissions and Age. For Electric Vehicles registration Tax is zero, which means additional cost savings between 1,000 and 3,000 Eur.
Ownership Tax Benefits	Malta - Ownership tax benefits Electric Vehicles pay 10 Euros per year. Normal annual road licenses for ICE vehicles varies and goes higher for vehicles depending among other attributes such as emissions, and age.
Company Tax Benefits	Malta - Company tax benefits Maximum grant of 14,000 but capped as follows per car: Option A - 7,000 grant on the purchase of a new full electric vehicle in conjunction with an over ten year old ICE conventional vehicle. Option B - 4,000 grant on the purchase of a new electric vehicle without scrapping an older ICE vehicle. Option C - 4,000 grant for the purchase of a second hand electric vehicle which is not older than 12 months and not in conjunction with scrappig electric vehicles. Option D - 3,000 for the purchase of hybrid electric vehicle. Option E - 2,000 grant for the purchase of an electric quadricycle. Other grants according to CO2 emission values and in association with scrapping an older ICE vehicle. ALSO tax incentives in tax return: Deduction Electric Vehicle rules, the deduction from a company’s chargeable income would be equivalent to 150 % and not 125% for electric vehicles and the deduction for vehicles with emission between 0 - 70g/km would be equivalent to 125%, of the cost incurred on the qualifying expenditure, subject to a maximum deduction of €25,000 for each electrical vehicle (qualifying expenditure). Moreover, such a deduction under these rules would mean that the company forfeits depreciation deductions for that particular electric vehicle/s for the duration of the useful life of the electric vehicle/s.
Local Incentives	Malta - Local Incentives Use of priority lanes in Valetta. No Valetta CVA charge
Infrastructure Incentives	Malta - Infrastructure Incentives New Car Importers and Fleet Management companies can apply for a maximum grant of 25,000 Euro to update their service gargares or re-train personnell. Electric Car owners can charge their vehicles at home using residence electricity subsidies. Make use of the three solar car ports around Malta for charging and I22
Other Financial Benefits	Malta - Other Financial Benefits "Use of priority lanes in Valetta. No Valetta CVA charge. Additional tax benefits for commercial undertakings when it comes to the estimation of depreciation, No registration tax, which means considerable additional financial assistance especially in the case of EVs which are larger and are considered to be premium class, and from which, private undertakings could get a total of not more than €200,000 in grants in line with the current State Aid Rules, "
Announced policy changes	Malta - Announced policy changes A new updated grant scheme for 2020 ha been approved, and waiting for approval by the Sate Aid Monitoring Board.
Procurement	Malta - Public procurement Public procurement for the purchasing and leasing of vehicles is in line with EU legislation.