New action for the provision of working capital to tourism companies in order to subsidize operating expenses for the first 2-3 months of restarting their operation.
Small and Medium Tourism Enterprises
- Hotels, accommodation, rooms to let
- Travel agencies / agencies
- Tourist bus operations
- Franchise companies are included (provided certain regulatory criteria are met).
- ACCOMMODATION: 5% on the turnover of 2019 and as a maximum subsidy amount of € 400,000 per VAT
- OTHER: 2,5% on the turnover of 2019 and as a maximum subsidy amount of € 400,000 per VAT
A) Legal operation.
B) Decent master KAD or KAD with the highest income.
C) Reduction greater than or equal to 30%, between turnover 2020 - 2019
D) MIN staff for the year 2019, equal to 1 EME.
E) Normal VAT Regime
Clarification: Businesses established in 2020 with NON-zero turnover are automatically included in the action.
The start of applications is placed within June and applications can be submitted until 30/9/2021.
The evaluation will be immediate and the disbursement of the grant will be done, without the need to submit a new application!