by Febe Louage and Stephanie Vanmarcke
COVID-19 premium for Brussels enterprises engaging in internationalisation
Under certain conditions, companies may qualify for a subsidy to help with costs for business-related travel abroad or participation in foreign trade fairs that cannot be recuperated due to the coronavirus.
Eligibility for this subsidy is subject to the following cumulative requirements:
- The applicant is a sole trader or SME- The applicant has registered offices in the Brussels Capital Region and conducts economic activities there- The applicant is active in one of several well-defined sectors
- Over the course of three financial years, the applicant did not receive ‘de minimis’ support exceeding EUR 200,000
- The expenses relate to preparations for or participation in a trade fair or commercial prospecting abroad
- The expenses were incurred prior to 19 March 2020
The subsidy will be equal in amount to the sunk costs, with a maximum of EUR 2,500. To be considered for this premium, applicants must submit the provided application form to bhandelcovid@gob.brussels.
Febe Louage
Senior Advisor International febe.louage@vdl.be
Stephanie Vanmarcke
Team Manager International stephanie.vanmarcke@vdl.be
Disclaimer
In our opinions, we rely on current legislation, interpretations and legal doctrine. This does not prevent the administration from disputing them or from changing existing interpretations.
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