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Companies can submit applications in the system of the State Tax Inspection (STI). After the government approved the description of the payment procedure last week, the company had two days to meet it this week.
From 500 euros to 800 thousand. Companies with an average monthly turnover of 30% will have one-off grants of 1,000 million euros. or more. According to the Ministry of Economy and Innovation, there are around 94 thousand companies of this type.
The decrease in billing will be calculated from 2020. November 1 to 2021 January 31, 2019 compared to 2019-2020. period. Companies, 2019 having paid more than 2 thousand. Personal income tax, you will receive 25% of that amount. grant amount. For those who paid less than 2,000. A grant of € 500 will be awarded to companies.
Commercial representatives can now submit grant applications in the State Tax Inspection (STI) system My STI. They will be evaluated by the Lithuanian Business Support Agency (LVPA). It is estimated that the grants will reach the companies in approximately two weeks from the submission of the application.
The STI will issue two calls. The first call, now published, is for freelancers. They will be allocated up to 50 million. euros. The second call – for non-autonomous companies – will be launched in February, with up to 100 million euros. euros.
Preferential loans at reduced interest rates will be available to companies with a turnover of at least 30%. or whose economic activity is restricted during the quarantine period. The maximum loan amount may reach 100,000. euros. The loans will be provided directly by INVEGA.
The loans will be granted at interest rates reduced from 0.1%. up to 1.69 percent. depending on the loan period and the status of the borrower. Loans can be repaid beginning in 2020. October 1 through 2021 October 30 costs incurred or planned to be incurred.
Donations and loans will be made to companies in all sectors except agriculture, fisheries, aquaculture, credit and financial institutions, the ministry said.
The Ministry of Economy and Innovation is currently coordinating the concept of the second business support package with the social partners and the institutions. This package is designed to help businesses and the self-employed who are most affected by the pandemic. The second package will be available to companies in February.
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