This Friday, July 30, the deadline ends for applying for the extraordinary direct aid from the Govern for business solvency, aimed at companies and self-employed professionals with high indebtedness in 2020 due to Covid-19. This is a call that includes all activities, as a result of the agreement with social agents, in order to support the sectors affected by the crisis, with a budget of 463 million euros. Applications can be submitted electronically through the Canal Empresa portal.
The prior registration is the only step required to apply, and applicants who meet the established requirements can benefit from the aid until the funds are exhausted. The chronological order of submission will not be taken into account for the concession.
The amounts granted will be up to 3,000 euros if taxed by modules, and between 4,000 and 200,000 euros for other companies and professionals. The aid will in no case be greater than the accredited debt.
Aid resulting from the pact with social agents
This line of aid is the result of an agreement between the Govern and unions and employers' associations to grant the 993 million euros from Royal Decree-Law 5/2021 and is aimed at satisfying debt and payments to suppliers and other creditors, financial or non-financial, as well as fixed costs incurred pending payment.
This is an extension of the call with the remaining funds from the first one, where the same indebtedness criteria must be met, but it is now open to all economic sectors, except those expressly excluded in the RDL, such as the financial sector.
WHO CAN RECEIVE THE AID AND WHAT ARE THE REQUIREMENTS?
The beneficiaries
All self-employed businesspersons or professionals, companies, fiscal consolidation groups of companies, civil societies, and income attribution entities.
The requirements
- Having carried out the activity during 2019 and 2020, and continuing to be active.
- Having the tax domicile in Catalonia, or permanent establishment, in the case of non-resident non-financial entities operating in the State.
- Having outstanding debt to suppliers and other creditors, financial or non-financial, fixed costs incurred pending payment. The debt must have accrued between March 1, 2020 and May 31, 2021 and must come from contracts prior to March 13, 2021.
- Additionally, applicants who pay taxes under the direct estimation regime in IRPF, Corporate Tax or Income Attribution must prove eligible outstanding debts equal to or greater than 4,000 euros and a decrease of more than 30% compared to 2019 in the annual volume of operations.
Be in any of the following situations:
- Pay taxes under the direct estimation regime if the volume of debts is less than 4,000 euros or a negative net result has been declared in the 2019 personal income tax.
- Pay Corporate Tax or Non-Resident Income Tax in 2019, if the tax base was negative.
- Have received more than 1.8 million euros in direct aid (270,000 euros for fishing and aquaculture companies and 225,000 euros for agricultural companies), or more than 10 million euros in aid for fixed costs.
More than 30,000 beneficiaries in the first call
31,217 self-employed professionals and companies have already applied for business solvency aid since the first line of aid opened on June 21 and will receive 530 million euros, 53% of the total allocation of the plan.
Of the total number of applications submitted, 27,907 were from self-employed workers, professionals and small businesses (maximum 10 workers) and 3,310 from companies with more than 10 workers.
All information about the aid and frequently asked questions can be consulted at Canal Empresa and on the website of the Department of Business and Work.