How is established and professional event organizer defined?

An established, professional event organizer is expected to have a VAT turnover of more than 150,000 euros in 2019. In addition, the company must employ at least one person-year of labour in event activities. A person-year means the amount of work that corresponds to one person’s full-time workload per year. A person-year can also consist of the work input of several employees. We also require that the company has organized events in the past and be able to provide examples of these in its transaction guarantee application.

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