A Budget that extends the safety-net for Businesses, more tax incentives should follow to enable new investments
19 October 2020
Budget 2021 The Malta Chamber of SMEs is pleased to see a number of its...
More than any sector, commerce has fostered and campaigned for the realisation of the Single Market. Therefore GRTU is delighted with the adoption by the European Commission of the Communications on the implementation of the Services Directive and on better governance for the Single Market. The Communications demonstrate that implementation of EU legislation, in particular the Services Directive, must be improved and there is a need for a firmer enforcement policy to boost growth.
Europe is still a long way off a smooth functioning internal market. Actions are necessary to make it easier for service providers, in particular retailers, to sell cross-border, establish and conduct a retail business in another Member State and enable companies to fully benefit from a true internal market. If we want to make a success of the Single Market, Member States and the Commission need to work together to remove barriers that are an impediment to growth. We strongly support the Commission's engagement to open more efficient infringement procedures against violations of the Services Directive. We are particularly pleased that the Commission plans to focus on sectors with the largest growth potential which includes the retail sector. Retail plays a key role in the European economy, particularly in terms of its economic contribution and its role as an employer.
GRTU is a strong supporter of the Commission's initiative to identify the need to address a number of bottlenecks for growth in the retail sector and we are looking forward to the adoption of a European Retail Action Plan later this year.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).