In the context of the fight against the COVID-19 pandemic, the Ministry of the Economy has made available a new monthly financial aid for businesses: the recovery aid. The aid can be requested for the months of December 2020 to June 2021 inclusive.
Eligible companies have the choice to apply for:
The 2 aids are mutually exclusive.
Applications are to be submitted to the General Directorate for Small and Medium-Sized Businesses, Department for Support to SMEs at the Ministry of the Economy using MyGuichet.lu.
With the creation of the recovery aid, the Luxembourg government intends to support:
For businesses in the retail trade, only employees who are assigned to the retail trade activity are to be taken into account for the calculation of the recovery aid.
Example: in the case of electricians, only employees in the household appliances trade are taken into account and not employees working on building sites.
Businesses intending to apply for the recovery aid must:
Note: the loss in turnover during the month of January 2021 can be less than 25 % if a mandatory administrative closure of the business was ordered during said month;
If the company did not exist in 2019, it must indicate the average monthly turnover of the activity up to the month of application.
If the loss of turnover is 40 % or more, businesses in the tourism, events, HORECA, culture and entertainment sectors have the option of applying for:
The 2 types of aid ("recovery aid" and "aid for costs not covered") are mutually exclusive.
A comparison between the 2 types of aid can be made using 2 examples with figures:
The aid can be requested for the months of December 2020 to June 2021 inclusive.
The application must be submitted before 15 September 2021.
The application for recovery aid is to be submitted using the online assistant available on MyGuichet.lu.
The person submitting the application must have a LuxTrust product (e.g. Token, Smartcard or Signing Stick) or an electronic identity card.
Two scenarios are possible:
The application for recovery aid must include:
The company receives EUR 1,250 per employee and active self-employed person concerned.
The amount is EUR 250 per employee who is on full-time short-time work during the month for which the aid is applied for.
The amount is capped at:
The total amount of aid per month per single enterprise may not exceed EUR 100,000.
Recovery aid cannot be cumulated with aid for costs not covered.