Update on support measures for employers

50% bank guarantee

A maximum amount of 250,000 euros from the Mutualité de Cautionnement.

 

Partial employment in case of force majeure

Advance payments based on the expected number of employees

Application through the MyGuichet.lu online tool

Applications by mail, email or fax will no longer be accepted

2 cases of application processing:

1) Mandatory closing: fast-track process or directly suitable

2) Open but with reduced activity: agreement of the Secretariat of the Committee on Trade Conditions of the Ministry of Economy

 

Fiscal measures

Requesting a delay on the payment and the cancellation of the VAT advance payments

Reimbursement of the credit balance < 10.000 EUR and administrative flexibility

Social security contributions: measures for temporary suspension of the CCSS

 

Aid scheme for companies in temporary financial difficulties

Capital subsidy in form of reimbursable advances of up to 500.000 euros

Application through the MyGuichet.lu online tool

Calculation basis: employee expenses and rental expenses

 

Emergency financial assistance for small businesses and self-employed workers

2 cases of application processing:

1) Mandatory closing

Immediate and non-refundable financial compensation of

Admission requirements and form

2) Open but with reduced activity

Immediate non-refundable financial subsidy of 2.500 euros

Admission requirements and form

 

In the context of the Covid-19 crisis, the Directorate General for the Middle Classes has established an emergency fund for very small enterprises (0-9 full time employees) and self-employed workers.

Thanks to this measure, enterprises with a maximum of 9 employees and self-employed workers who have a valid establishment permit issued before 18th March 2020 (with a minimum annual turnover of 15,000 euros and whose activity has been interrupted after the entry into force of the Grand Ducal regulation of 18th March 2020, which introduces a series of measures in the context of the fight against Covid-19) can submit an application for an immediate and non-refundable financial assistance of up to 5,000 euros.

The aim of this measure is to provide immediate financial support to the numerous very small businesses as well as to the self-employed workers who, although they constitute an essential part of our economic structure, are generally also the most vulnerable to contingencies such as the Covid-19 crisis.

In this regard, it is important to clarify that the granting of this aid is independent of the law proposal that will complement the existing aid instruments.

 

 

SOURCES: www.cc.lu , guichet.public.lu