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How do interim financial statements work in closure compensation?

The company/group prepares the company’s interim financial statements for the closing period. For example, if the company’s restaurant closure has been in force in Uusimaa region between 9 March and 18 April 2021, interim financial statements for the closing period 9 March to 18 April 2021 will be prepared.

Can new medium-sized and large companies receive closure compensation?

The compensation is conditional on the company’s turnover falling by more than 30 % during the calendar month or months in which the company’s premises have been kept closed by law or by decision of the authority, compared to the corresponding calendar month or calendar months in 2019. Thus, if a company has been established..

Can I apply for closure compensation for medium-sized and large companies in the e-service?

No, you can’t. The closure compensation for medium-sized and large companies is applied by using a paper application form. In addition, an auditor’s report and supplementary information sheet are required as attachments. The company group must also send a list of all Finnish subsidiaries. The application is submitted to the State Treasury electronically via the..

What is the maximum amount of closure compensation?

The maximum amount of aid is EUR 1 800 000. The granting of the aid takes account of the fact that the maximum amount of aid per group in accordance with the Decision of the European Commission is not exceeded by EUR 10 000 000.

How to define a medium-sized or large company?

Medium-sized companies are companies with between 50 and 250 employees and an annual turnover of between EUR 10 million and EUR 50 million or a balance sheet total of between EUR 10 million and EUR 43 million. Large companies are bigger than this.

Who can apply for closure compensation for medium-sized and large companies?

Companies and groups whose customer premises were ordered to close in March-April 2021 either by the Accommodation and Food Services Act or by the Communicable Diseases Act can apply for closure compensation for medium-sized and large companies. Companies employing at least 50 employees and whose turnover has fallen by more than 30% in calendar months..

Statistics: Event guarantee

The previous day’s information is updated in the report below every weekday. The report indicates the date of the last update. The report provides information on the number of applications, the processing situation and the decisions made. More information on the statistics can be found behind the (…) button at top right corner. You can also..

Can I apply for an event guarantee for a concert or event tour?

Yes, you can. Each event or concert on the tour must have its own application. This is because the regional restrictions of the Regional State Administrative Agency and the costs and subcontractors of events or concerts may vary depending on the location.

Does the event guarantee share the support ceiling with cost support?

Yes, the event guarantee is part of the same framework aid scheme as previous rounds of cost support. If the €1.8m support ceiling is already full, the event guarantee cannot be paid to the company. Even if the main organizer’s aid quota is full, the main organizer may nevertheless apply for a guarantee and compensation..

Are there coming any changes to the €1.8m support ceiling?

The fourth round of cost support will have its own support programme for large and medium-sized companies, based on which more support could be paid. Take a closer look at