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The Polish anti-crisis Act Project was presented by the government

The Polish anti-crisis Act Project was presented 18.03.2020 by the government with the information that the aim is to finalize and sign the Act till 31.03.2020.


Daily updates can be found on the ministry site  or on the expert sites such as bcc.org.pl

 

Government Anti-crisis Shield

On March 18, 2020, the government presented the assumptions of a project of actions called "Economic and social anti-crisis shield for the security of enterprises and employees in connection with a pandemic SARS CoV-2 virus (COVID-19) ".

 

Value of the anti-crisis package

The total value of the package is estimated at approx. PLN 211 billion, or almost 10% of GDP.

 

Key solutions of the Anti-Crisis Shield 

  • 500,000 micro-enterprises employing up to 9 employees will be able to take advantage of loans in the amount of 5,000. zł.
  • Possibility for medium and large companies to obtain capital increase or financing in the form of bonds from the PFR Investments fund - with a total value of PLN 6 billion.
  • BGK (state development bank) subsidies to support in interest on loans - from the subsidy fund to interest on loans in the amount of PLN 500 million for the enterprise sector.
  • Transport companies will get ARP (Industrial Development Agency) support for refinancing lease contracts.
  • The state will contribute to the salary of employees of the companies at a standstill. The state will cover almost half of the salaries and ZUS (Social Insurance Institution) contributions to companies at a standstill.
  • Extension of the right to childcare allowance for parents who look after children up to 8 years old.
  • Employed under civil law contracts will be able to benefit from a monthly benefit of approximately PLN 2,000 zł. gross.
  • Companies in trouble will receive support in keeping employees - the state will finance 40% of their pay.
  • The possibility of withdrawing from contractual penalties for delays in the implementation of the public contract related to the epidemic.
  • 100,000 SMEs will be able to obtain a loan with a de minimis guarantee up to PLN 3.5 million.
  • Possibility to postpone ZUS (Social Insurance Institution) contributions - no fees or interest.
  • Prolongation of the deadline for forwarding PIT advances on income from broadly understood work collected in March and April to the end of May.
  • Commercial turnover insurance KUKE.
  • Settlement of all this year's tax loss next year.
  • Postponing of the new SAF-T entry into force from July 1, 2020 until further

  • Transfer of payment for utilities.
  • Consumer protection.
  • Extension of validity of periodic medical examinations.
  • Extension of residence visas and temporary residence permits.



25.03.20


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