What did the Malta Chamber of SMEs bring through for business in this year’s budget?
18 October 2021
The Malta Chamber of SMEs has noted a number of positive initiatives that will aim...
GRTU, Malta Chamber of Small and Medium Enterprises has over the last years been at the fore front of discussions with Government Authorities, mainly Ministry of Finance, Ministry of Resources and Rural Affairs, and Office of the Prime Minister in order to make sure that the appropriate Legal Notice regarding Eco Contribution Refunds can become a Reality.
GRTU has through its environmental arm Green MT held unending discussions with Government to create the said Eco Contribution Mechanism, Exemption from Eco Contribution Mechanism and also Permit Conditions for Waste Compliance Schemes.
GRTU has come far to make sure that producers of Waste Packaging and Waste Electrical and Electronic Equipment will soon have both Eco Refund in place, and Exemption Mechanism too. GRTU has gone through persistent long hours of work internally with its experts and members and externally in detail consultations with all relevant Authorities. GRTU's continuous endeavors will shortly bring along these Legal Notices for producers and importers in general.
All this would not have been made possible without the dedicated efforts of the senior experts of MRRA and MFIN. GRTU on behalf of its members expresses its gratitude to MRRA and MFIN.
GRTU holds firm its position that in the current economic slowdown, issuing the refund mechanism and creating Eco Exemption Mechanism to create a fair and level playing field is not only a need but a must for businesses even more so today. "Now that all this spade work has been professionally well done and GRTU has successfully acted with full corporation with Government to ensure a practical and just solution. Government should not delay the issue of these exemptions any further" concludes Vince Farrugia Director General, GRTU.
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).