Applications for funds from Anti-crisis Shield

Update as of April 21, 2020 (includes both Shield Acts)

As you know, on April 1, 2020 the so-called Anti-crisis Shield, i.e. a package of economic and social assistance during a pandemic entered into force. The anti-crisis shield package includes support for Polish entrepreneurs, but also for foreigners employed in Poland or companies owned by foreigners. The objectives of the Anti-crisis Shield are: protection against loss of financial liquidity in companies, maintenance of employment levels and reduction of financial liabilities.Tarcza antykryzysowa - Progress Holding

Progress Holding renders services in the completion of the application, completing attachments, and submition documents to the relevant authorities of Anti-Crisis Shield. The service concerns the following issues of the Anti-Crisis Shield.

3 month relaxation from social securities payments

Terms and conditions of relaxation:3 month relaxation from social securities payments

: March, April May 2020. Application may be delivered to the authorities up to  30. 06.2020.  Relaxation covers: social security, health insurance, Labor Fund, Solidarity Fund, FGŚP, FEP

Applicant:All companies from 1 up to 49 employees and registered before 01/02/2020. Self-employed with a monthly income of max. PLN 15,681 monthly. Companies who up to December 2019 did not pay their debts to ZUS are not eligible. This is due to EU regulations.

Foreigners employed in Poland and companies owned by foreigners are also eligible.

How to fill the application:Filling company data, submitting statements
Timing:Few days not determined
Price:Fom PLN 300

Downtime compensation

Terms and conditions of relaxation:Downtime compensation PLN 2080.  In case of a decrease in revenue compared to the month preceding the application and which was not higher than 15 681 PN and not less than 1300 PLN. He is also entitled to activities suspended after January 31.  If the sum of your revenues is less than PLN 1,300, you will receive an amount equal to the sum of remuneration that results from the concluded contracts. The benefit can be obtained up to three times.
Applicant:For entrepreneurs,

For individuals based on a mandate, agency, work and self-employed (there is no income limit for self-employed workers) contract concluded before 02/02/2020. If the income was at least PLN 1,300 and not more than PLN 15,681; Does not apply to full-time employees. Eligible foreigners working with work permits.

Foreigners employed in Poland and companies owned by foreigners are also eligible.

How to fill the application:Filling company data, submitting statements
Timing:Few days not determined
Price:Fom PLN 300

Financing of employee remuneration

Terms and conditions of relaxation:Financing of employee remuneration – up to 40% of the average monthly remuneration, i.e. PLN 2090

 

Applicant:Granted for a period of max. 3 months for micro, small and medium enterprises employing employees. Employees must be employed for the period of granting the grant and for 3 subsequent ones after its expiry.

Also companies owned by foreigners are eligible.

How to fill the application:Filling company data, submitting statements
Timing:Few days not determined
Price:Fom PLN 300

Loan of 5,000 PLN from the Labor Fund

Terms and conditions:Companies with an annual net turnover from the sale of goods, products and services and from financial operations not exceeding the PLN equivalent of 2 million EUR or the sum of its balance sheet assets prepared at the end of one of these years did not exceed the PLN equivalent of 2 million EUR. You must conduct your business before March 1, 2020. The amount of uncovered losses of the entity must exceed 50% of the registered capital / 50% of the capital according to the entity’s books.

A loan to cover the current costs of running the company.

Applicant:For companies and micro enterprises employing up to 10 employees. Micro entrepreneurs who do not employ and have never employed employees can also apply for the loan.

Also companies owned by foreigners are eligible.

How to fill the application:Preparation and submission of the application + signing of the loan agreement (non-returnable if the company is still operational 3 months after obtaining the loan).
Timing:A few days, not specified
Price:300 PLN

Work permit extention in Poland, visa extention in Poland

Terms and conditions of relaxation:Consent to stay during the legalization of your stay, regardless if visa  is void. A visa or work permit is still valid for 30 days after cancellation of the epidemic status.
Applicant:All foreigners who have been legally resident in Poland since the date of the epidemic announcement, i.e. on 20/03/2020
How to fill the application:Application for  permit type A or B
Timing:Few months
Price:Fom PLN 500

Extension of the period of stay on the territory of Poland of foreigners obliged on the basis of administrative decisions to leave it: if the deadline for leaving the country by a foreigner falls within the period of the epidemic emergency status or the status of the epidemic announced in connection with COVID-19, this period is extended until the end of the following 30 days after the cancellation of the last of those states.

Business loans

Applicant:Support for current expenses of companies (including fees, remuneration) excluding investment funds. Lender: PFR. Non-returnable funds up to 75% of the subsidy after 12 months, subject to conducting business, maintaining the level of employment for 12 months and recording a loss on sales. The company owner must be a resident of Poland.

Micro companies:

  • Employing between 1 and 9 employees (annual turnover or balance sheet total not exceeding 2 million EUR)
  • Up to a maximum amount of 324 thousand PLN(approximately 70-90 thousand PLN) for 3 years

Small and medium companies:

  • Employing between 10 and 250 employees and its annual turnover does not exceed 50 million EUR or the balance sheet total does not exceed 43 million EUR
  • Up to 3.5 million PLN (1.9 million PLN on average) for 3 years
Terms and conditions:Determined individually with each client
Date:Loans will be available by the end of April
Progress Holding commission:Determined individually with each client

The Anti-crisis Shield is a help to remove negative  impact of coronavirus on economy. The Anti-Crisis package is a reaction of the state to the impact of a pandemic on business.

Write to us and take advantage of the anti-crisis support!

Please send inquiries to office@progressholding.pl

Our articles from the series “Coronavirus and conducting business”→



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