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News 15th of April 2020 By Veerle Cool

Flemish Coronavirus Compensation in Practical Terms

Coronavirus Compensation in Practical Terms

Who is eligible for compensation?

  • + People who are self-employed as their main business activity 
  • + Self-employed people with side ventures and a business income (net taxable income) in 2019 of at least EUR 13,993.78 
  • + Companies that are legal entities and have at least one full-time equivalent partner or full-time equivalent employee registered with the NSSO, or foreign businesses of comparable status 
  • + Associations with economic activities and at least one FTE employee registered with the NSSO

What activities are eligible for compensation?

  • + The event industry and other businesses indirectly affected by closures and cancellations resulting from coronavirus measures 
  • + Those in (para)medical professions and technical inspection services who may only perform urgent interventions due to the coronavirus measures 
  • + Providers of services who may only perform urgent interventions or with job sites that have been closed down due to the coronavirus measures 
  • + Providers of essential services 
  • + Enterprises that are subject to substantial operating restrictions due to the measures to prevent the spread of the coronavirus
  • + Holding companies 
  • + Asset management companies
  • +Activities of head offices
  • +Management companies with a manager providing professional services to a company that has already received compensation and where the same individual is active as a director, partner or manager

What is the loss of turnover requirement?

What is the amount of compensation?

  • +People who are self-employed as their main business activity
  • +People who are self-employed as a side venture and have an income of at least EUR 13,993.78
  • +Corporations 
  • + Non-profit organisations
  • +People who are self-employed as a side venture, have an income between EUR 6,996.89 and EUR 13,933.78 and whose wages make up less than 80% of their income
  • +Self-employed people with side ventures who have been forced to close their business (and are not eligible for nuisance compensation)

How can I apply for compensation?

How will compensation be paid out?

Disclaimer
We base our advice on current legislation, interpretations and legal doctrine. This does not prevent the administration from being able to challenge it or to change existing interpretations.
Veerle Cool
Veerle Cool