Keep innovating tax incentives or risk losing ground, Deloitte tells Malta
Deloitte Malta's Tax leader says the country's tax incentive framework needs constant innovation as global competition for investment and talent heats up.
More than half of global businesses see governments using tax incentives to influence investment and talent decisions, according to Deloitte's 2026 Global Tax Policy Survey. The finding places tax competition at the centre of corporate strategy.
For Conrad Cassar Torregiani, Deloitte Malta's Tax leader, the message is clear. Malta cannot rest on its tax framework.
"Malta’s tax incentive framework can be a genuine competitive advantage. As governments globally increase their use of incentives to attract foreign talent and investment, Malta must continue to innovate to remain competitive," Cassar Torregiani said.
The survey found 57% of respondents reporting a global uptick in government use of incentives for investment, talent and sustainability goals.
Deloitte Malta Tax also proposed two other strategic priorities for Maltese firms. Organisations should treat regulatory compliance as a transformation trigger rather than a static requirement. They should also implement whole-of-system digital transformation.
For Malta's business community, the report reinforces that tax policy is a live competitive weapon. The island's small market and dense business networks mean that staying ahead of global incentive trends is not optional. The accompanying focus on compliance and digital overhaul suggests that tax alone may not be enough to secure the next generation of high-value business.