Information for PGA Members in France

Information for PGA Members in France

Faced with the epidemic of Coronavirus Covid-19, the French Government is in total solidarity with businesses and their employees, and will continue to be fully mobilised in the days and weeks to come. 

Faced with the epidemic of Coronavirus Covid-19, the French government is in total solidarity with businesses and their employees, and will continue to be fully mobilised in the days and weeks to come. 

Immediate business support measures 

Faced with the Covid-19 Coronavirus epidemic, the Government is implementing immediate measures to support businesses. 

In particular for the Self Employed as follows:

  • Solidarity fund for VSEs, freelancers and micro-entrepreneurs: aid of up to € 1,500 

How to benefit from tax-free aid from the solidarity fund financed by the State and the regions? 

The State and the Regions have set up a solidarity fund to help the small businesses most affected by the crisis. Inter-municipal authorities and large companies can help finance the fund. Insurance companies have already announced a contribution of 200 million euros . 

Who is affected by this solidarity fund financed by the State and the Regions? 

This aid, which can range up to € 1,500, is affected by very small businesses, freelancers, micro-entrepreneurs and liberal professions who have 10 employees at most, who make less than 1 million euros in turnover as well as annual taxable profit of less than 60,000 euros which: 

  • are subject to a ban on public reception according to article 8 of the decree of March 23, 2020 even if there is a residual activity such as take-away, delivery and withdrawal of orders, "room service"   ; 
  • or who experience a loss of turnover of at least 50% in March 2020 compared to March 2019. 

For the most difficult situations (inability to settle receivables due within 30 days and refusal of cash loan) , additional support of € 2,000 may be granted to companies that have at least one employee to avoid bankruptcy on a case-by-case basis .  

The examination of the files will associate the services of the Regions and the State at the regional level. 

How can you benefit from this help ? 

From Tuesday 31 March , all eligible companies which have been subject to administrative closure or which have suffered a loss of turnover of more than 70% in March 2020 compared to March 2019 will be able to make a simple declaration on the taxes website - impots.gouv.fr - to receive assistance of up to € 1,500. This amount will be tax exempt. 

From Friday April 3 , all eligible companies having suffered a loss of turnover of more than 50% in March 2020 compared to March 2019 will also be able to make a simple declaration on the tax site - impots.gouv.fr - to receive tax-free aid up to € 1,500. 

From Wednesday 15 April , the companies experiencing the most difficulties may request, on a case-by-case basis from the regions, additional aid of € 2,000. 

>> You will find all the information on the steps to take to benefit from the aid of the solidarity fund by clicking here . 

 

Information taken from: 

https://www.economie.gouv.fr/dgfip 

 

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