Catalonia: Extraordinary grants to support business solvency in response to Covid-19

Catalonia will allocate 993 million euros in direct aid of up to 200,000€ for self-employed workers and SMEs affected by the pandemic.

In Catalonia, self-employed workers and companies that carry out economic activities included in 191 different CNAEs may be eligible for grants of up to 200,000€, aimed at reducing private sector indebtedness. The call will remain open until June 30.

Type of funding

If taxed by the module regime, beneficiary companies and self-employed workers will be able to access grants of up to €3,000. The rest of the companies and the self-employed will be able to receive aid from between 4,000 and 200,000€. The value of the aid granted will in no case exceed the accredited debt.

Beneficiaries

Business or professional individuals and companies, groups and entities; With debts to suppliers, creditors or debts derived from fixed costs (generated between 01/03/2020 and 31/05/2021).

Main requirements

  • Have an operational base, tax address in Catalonia or operate within the territory and have workers with tax residence there. -To have carried out and declared any economic activity, included in the CNAE list, during the financial years 2019 and 2020.
  • Continue to develop economic activity today. -In case of taxing through the direct estimation system: having experienced during the 2020 financial year a descent, in the annual trading volume, equal to or greater than 30% compared to 2019. In such cases, the amount of eligible outstanding debt must exceed €4,000.
  • Not having reported a negative result for economic activities carried out in the return corresponding to the 2019 financial year or have a negative tax base in Corporate Tax or Non-Resident Income Tax, for that year. Check if your company belongs to any of the sectors of activity defined in the CNAE list.

Deadlines for submitting applications

From 21/06/2021 to 30/06/2021.

If you are interested in evaluating the fit of your project, based in Catalonia, with extraordinary grants to support business solvency for the self-employed and companies, you can contact us at the following email address: comunicacion@intelectium.com