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Applications for commercial rental assistance

The requests help for commercial rents will begin this Thursday, February 4, and payments should start reaching companies in the second half of February. The schedule was published in mid-January by Economy Minister Pedro Siza Vieira.

Applications for non-refundable commercial rental assistance start today

At stake is income support, already announced in December, for sole proprietorships, micro, small, medium and large companies with annual sales of less than €50 million.

Under the measure, companies whose sales fall between 25 % and 40 % will receive support equivalent to 30 % of the value of revenues, up to a maximum of 1,200 euros per month. For companies with sales losses in excess of 40 %, rental support will be equivalent to 50 % of these costs, up to a maximum of 2,000 euros per month.

The non-refundable assistance will target earnings in the first half of 2021, and the scheme will be the same as the assistance program. Interested companies can apply via Counter 2020.

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