Many business owners will already be aware that the Canarian Government is providing several millions of Euros worth of assistance for small and medium-sized businesses, and self-employed workers who have been adversely affected by the Covid crisis.
However, Lanzarote’s Chamber of Commerce is concerned that the message hasn’t got out to many of the foreign-owned local businesses that are an essential part of the island’s business fabric. They would like to point out that all self-employed and small and medium-sized businesses which have been badly affected by the current crisis on Lanzarote are able to request assistance from the Canarian Government.
Applications must be made online with a digital certificate, which can be acquired at the Chamber of Commerce. You’ll need to find out whether your business is included in the lists of activities eligible for subsidies, and you’ll have to show that your business suffered a fall in income of more than 30% in the second quarter of 2020 compared to the same period in 2019.
Companies that owe debts to public authorities are not eligible for subsidies, but debts can be postponed or paid in installments in order to allow the application to continue.
For many people, this will be a job for their accountant, but the Chamber of Commerce has also provided a information line with English speaking assistance on 900 909 515. More info at www.camaralanzarote.org
The period for applying for these grants and subsidies opened on 12th March and will expire on the 8th April.
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