{"id":1892,"date":"2020-05-15T17:54:10","date_gmt":"2020-05-15T14:54:10","guid":{"rendered":"https:\/\/linden.lt\/?post_type=irasas&p=1892"},"modified":"2024-11-25T14:27:47","modified_gmt":"2024-11-25T12:27:47","slug":"micro-enterprise-subsidy-scheme-approved","status":"publish","type":"irasas","link":"https:\/\/linden.lt\/en\/blog\/micro-enterprise-subsidy-scheme-approved\/","title":{"rendered":"Micro-enterprise subsidy scheme approved"},"template":"","kategorija":[],"class_list":["post-1892","irasas","type-irasas","status-publish","hentry"],"acf":{"dinamiski_blokai":[{"acf_fc_layout":"tekstas","tekstas":"On 11 May 2020, the Government of the Republic of Lithuania approved the description of the procedure for the distribution and use of the measure \"subsidies for micro-enterprises\", according to which enterprises with between 1 and 9 employees can apply for subsidies. The total amount available for this measure is EUR 100 million. The form of financing provided under this measure is a non-repayable grant.<\/span>\r\n

What are the requirements for a company to qualify for this grant?<\/span><\/h2>\r\nUndertakings applying for a grant under this measure must meet all of the following criteria:<\/span>\r\n
    \r\n \t
  1. The enterprise had between 1 and 9 employees on 1 May 2020;<\/span><\/li>\r\n \t
  2. the enterprise is included in the lists of enterprises affected by COVID-19 drawn up by the National Tax Office;<\/span><\/li>\r\n \t
  3. the company has paid the full amount of personal income tax (hereinafter \"PIT\") for the year 2019;<\/span><\/li>\r\n \t
  4. the company is not bankrupt, restructured or in liquidation.<\/span><\/li>\r\n<\/ol>\r\n

    How much will the subsidy be paid?<\/span><\/h2>\r\nThe amount of the subsidy will be calculated on the basis of the amount of the company's GST paid in 2019:<\/span>\r\n
      \r\n \t
    • if the company's GST paid in 2019 is up to \u20ac1,000, a subsidy of \u20ac500 will be granted;<\/span><\/li>\r\n \t
    • if the company's GST paid in 2019 is between \u20ac1,000 and \u20ac2,000, a subsidy of \u20ac1,000 will be granted;<\/span><\/li>\r\n \t
    • if the company's GST paid in 2019 is more than EUR 2 000, half of the applicant's GST paid in 2019 will be granted.<\/span><\/li>\r\n<\/ul>\r\nIt is important to note that the amount of aid granted to a single enterprise, including other measures, must not exceed EUR 200 000 over the last three financial years. It should be noted that these ceilings are lower for some sectors:<\/span>\r\n
        \r\n \t
      • for an undertaking carrying out road haulage activities for hire or reward, the amount may not exceed EUR 100 000;<\/span><\/li>\r\n \t
      • for a company in the agricultural sector, EUR 20 000;<\/span><\/li>\r\n \t
      • for an undertaking in the fisheries and aquaculture sector: EUR 30 000.<\/span><\/li>\r\n<\/ul>\r\n

        Submission of the application<\/span><\/h2>\r\nEligible companies will receive an invitation to submit an application via their My VMI account. The invitation will contain a link to the grant application form and where to submit the grant application.<\/span>\r\n\r\nThe application should be submitted before the full amount of EUR 100 000 000 has been allocated, but no later than 1 December 2020.<\/span>\r\n\r\nIt is announced that the grant should be paid to the company within 3 working days.<\/span>"}]},"_links":{"self":[{"href":"https:\/\/linden.lt\/en\/wp-json\/wp\/v2\/irasas\/1892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/linden.lt\/en\/wp-json\/wp\/v2\/irasas"}],"about":[{"href":"https:\/\/linden.lt\/en\/wp-json\/wp\/v2\/types\/irasas"}],"version-history":[{"count":1,"href":"https:\/\/linden.lt\/en\/wp-json\/wp\/v2\/irasas\/1892\/revisions"}],"predecessor-version":[{"id":1893,"href":"https:\/\/linden.lt\/en\/wp-json\/wp\/v2\/irasas\/1892\/revisions\/1893"}],"wp:attachment":[{"href":"https:\/\/linden.lt\/en\/wp-json\/wp\/v2\/media?parent=1892"}],"wp:term":[{"taxonomy":"kategorija","embeddable":true,"href":"https:\/\/linden.lt\/en\/wp-json\/wp\/v2\/kategorija?post=1892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}