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by Febe Louage and Stephanie Vanmarcke
In the context of the current coronavirus crisis, the Brussels-Capital Region has allocated a budget of EUR 150 million to assist businesses in difficulty.
The budget will be used, among other things, to give a financial boost to companies that have been hardest hit by the coronavirus measures. They can claim a one-off grant of EUR 4,000. The premium is for businesses, shops and establishments that have had to mandatorily close down, do not employ more than 50 employees and are active in a certain sector. The grant can be applied for per active establishment in the Brussels-Capital Region with a maximum of 5 establishment units.
The application must be submitted by 18 May 2020 using the form provided for this purpose. This form will be online on April 7. Taking into account the limited budget and the fact that the grants are allocated according to the first-in-first-out principle, it is important to submit the application as soon as possible. In this context, we advise you to collect and request the required enclosures in advance so that the application can be submitted as soon as the form is published.
If you would like to know whether you are entitled to the one-off grant in the Brussels-Capital Region, please contact our specialists at corona@vdl.be.
Febe Louage
Senior Manager International febe.louage@vdl.be
Stephanie Vanmarcke
Team Manager International | Certified Tax Advisor 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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