The city council of Madrid lowers taxes to promote the recovery of commerce, leisure, hospitality and culture. The reduction will lead to a drop of more than €66 million in business taxes. The aim is to mitigate the negative economic effects in sectors especially affected by the pandemic. You can read more here (in Spanish)
Contact: Ana Buñuel
The City of Frankfurt am Main supports the local economy by allowing for a moratorium on city taxes and municipal fees such as business tax. Additionally, tenants of municipally owned property are also allowed for a suspension of the rent due to income shortages in light of the corona pandemic. You can read more here (in German)
Contact: Hendric Fuchs
The Economic Response Coordination Center of the city, headed by the first Deputy Mayor, is leading the way on the economic reaction to the crisis. Divided into budget and reactivation measures, this division will allow for a better understanding of the city’s situation and a enhance the decision-making process. 25 million euros support package and taxes deferral are the first measures put in place by Barcelona’s city council. Read more here
Contact: Marta Puchal
Bordeaux has implemented a range of measures to support the local economy and businesses. These include:
Continue reading “Bordeaux – Support to businesses”
- Free parking in outdoor car parks.
- Exemption from terrace tax and taxes levied on the use of public space and advertising.
- Tourist tax to be paid in instalments, easing the pressure on businesses’ finances, in particular those in the tourist sector.
In Zagreb, where the coronavirus pandemic has been further exacerbated by an earthquake, the city is providing several kinds of financial relief for people and businesses. For retirees the obligation to settle utility bills under the jurisdiction of the City of Zagreb and companies owned by the City of Zagreb is extended by three months from the due date indicated on the payment slips, and in the default deadline will not accrue interest on arrears or trigger penalties for arrears.
The city has also allowed a release of payment and deduction of the fixed amount for the period from 1 April to 30 June 2020 with the possibility of extension, for the following groups:
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Local companies in Gijón can pay rents and loans to the municapilty later. The city council has suspended, for the next three months, the payment of loans granted by the municipal company Gijón Impulsa as well as the payment of the rental and services provided to the companies located in municipal buildings. For providers of services and works to the council, invoices are paid weekly now. You can read more here (in Spanish)
Contact: Enrique Rodríguez
Stuttgart has published a summary of measures that it has taken to ensure those who are not able to work or who have childcare complications can be reimbursed. Other measures include the deferral of several municipal taxes, such as trade tax and rents, and grants are made available for culture and sports venues. For those that are simply unable to work as a result of the current measures, access to unemployment services have also been eased. Read more here and here and here
Contact: Claudia Schulcz
Tallinn has implemented a number of measures to support local entrepreneurs and businesses. The aid measures are primarily targeted at businesses that have a contractual relationship with the city or have a big impact on the city’s activities.
The city will pay its bills faster, reducing its own payment deadline from 21-30 calendar days to just 10 calendar days to improve the cash flow of the companies. The city will also waive contractual sanctions in the event of difficulties that occur due to the ongoing emergency situation when fulfilling an order or delivery. Tallinn has reduced advertising tax by 50%, and exempted advertisements on the sides of buildings from paying rent. The city is also reducing rent for contractors and cancelling rent from sports venues, while continuing to pay subsidies for sports activities if the clubs can find a way to bring those activities online.
These measures are planned to last for three months or until the end of the year depending on the specific measure. These measures will have an effect on the budget and the local government is preparing a supplementary budget to take this into account. The impact of the business support package on the city budget may be up to €4 million.
Find more information here.
Contact: Kerttu Märtin
In order to tackle the economic problems coming with the COVID-19 crisis, Sofia has set up a temporary economic council to elaborate measures to support local businesses. The proposed ideas include suspension and exemption of local taxes, municipal bank guarantees for small and medium enterprises for up to 50% of the loan, introduction of new e-services and free parking zones. The measures will be proposed to the municipal council for approval. An analytical report entitled “Assessment of COVID-19 effect on Sofia economy” outlining the three most likely scenarios was published. You can download the report here (in Bulgarian)
Contact: Sevdalina Voynova
In order to protect jobs and income of freelancers, small and medium enterprises and cultural institutions, the city of Utrecht complements the national Dutch support programme with local initiatives aimed to provide quick results. The measures include suspended collection of taxes and rent as well as compensation for cancelled events. The measures and reassurance have been communicated through a letter in Dutch and English.
Contact: David Langerak
The payment of municipal taxes shall be postponed or compensated for shops, bars and restaurants in Barcelona, to guarantee the liquidity of families, businesses and the self-employed. A special office shall develop personalised plans for companies, entrepreneurs and individuals. This first package of measures has been developed through constant dialogue with the city’s social and economic stakeholders and will be expanded as the situation evolves. Read more here
Contact: Marta Puchal