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ARTICLE · 30 MAY 2020

Update On 2nd COVID-19-Act

As a result of a financial ordinance by the Liechtenstein government, financial support is now available to those individual and micro enterprises,...

LiechtensteinCoronavirus (COVID-19)

Support for indirectly affected individual and micro-enterprises

As a result of a financial ordinance by the Liechtenstein government, financial support is now available to those individual and micro enterprises, that have been able to maintain their business activities but are affected by a loss of earnings due to regulations concerning the COVID-19-pandemic and are not entitled to receive compensation for short-time work or other support measures. This applies in particular to companies whose customers or suppliers have been shut down by the authorities or which are experiencing a decreasing number of customers.

Eligible for support are self-employed persons whose main occupation is that of sole proprietor or manager/shareholder of a micro-enterprise. Further eligible for support are persons who are not entitled to short-time work compensation and who are employed by a company, such as co-directors or spouses.

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