The Malta Independent 19 April 2024, Friday
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Nationalist Party’s proposals 'are designed to help start-ups' - Busuttil

Wednesday, 7 December 2016, 15:16 Last update: about 8 years ago

The Nationalist Party is set to support business start-ups with innovative policies, party Leader Simon Busuttil said during a visit to Creolabs, a start-up in Microsoft Innovation Centre at Skyparks Business Centre.

Simon Busuttil said the party wants to encourage start-ups with financial guarantees and low-interest rates on loans in order to help entrepreneurs develop their business ventures.

The Nationalist Party Leader presented the recently-launched Policy for Retailers to Panayiotis Ioannou, Country Manager for Microsoft Malta, and Joseph Woods, director of Creolabs. He said that the proposal to offer a reduced income tax rate of just 10% for small businesses is aimed also for start-ups.

Simon Busuttil was accompanied by Spokesperson for Small Businesses, Retail and Self-Employed Robert Arrigo, Spokesperson for Financial Services, IT and Gaming Kristy Debono, and new candidates Alex Mangion and Amanda Abela.

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