one from the forms of aid provided for in the refreshed crisis shield package, it is possible to apply for a non-refundable loan for the company under certain conditions.
- For a one-off loan 5,000 PLN to offset the effects of pandemics, from the Labour Fund, may be requested by micro-enterprises, i.e. companies employing less than 10 employees not exceeding the net annual turnover of the equivalent in 2,000,000 EUR, operating before the day 1 March 2020. Self-employed workers who do not employ workers may also receive it.
- Amount of the loan of value 5,000 PLN is intended to cover current business costs, i.e.: tax liabilities, repayment of ZUS contributions, payment for rent of land, expenses for maintenance and development of business. At the same time, it is possible to apply for, among other things, the remission of ZUS contributions on 3 months, https://www.gov.pl/web/gov/zwolnienie-ze-skladek-ZUS-na-3-miesiace as well as the remission of tax arrears https://www.gov.pl/web/gov/zawnioskuj-o-umorzenie-zaleglosci-podatkowej
- An entrepreneur shall attach a public aid form to the application for a loan, where he shall provide information on the losses incurred, as well as describing the shield aid already provided to him.
- The loan may be decommissioned subject to a declaration of continued business activity within the time limit three months after its granting and within the time limit 14 the days following the submission of that declaration — the submission of a request for redemption. If the entrepreneur fails to meet these two the conditions in time, will be required to repay the loan in accordance with the repayment schedule.
- The redemption of the loan under the conditions set out above will not constitute income within the meaning of the corporate income tax and personal income tax rules.
- The loan can be requested to the end 2020.
More informationI: https://www.gov.pl/web/gov/skorzystaj-z-niskooprocentowanej-pozyczki-dla-mikroprzedsiebiorcow-ze-srodkow-funduszu-pracy
All other details about the law contained in the Crisis Shield can be found in our Guide: www.russellbedford.pl/services/anti-crisis guide
Author: Katarzyna Kołbuś
Editor leading RB Magazine. From Over 10 years related to industry press, including the Financial Gazette and portal ipip.com.pl, which focuses on finance, taxation, law, politics and the economy