Updates on measures to support businesses, employment, and families
- June 8, 2021
- Reading time: 7 min
Recent regulatory provisions have introduced new measures to support businesses, promote employment, assist families, and combat the national economic crisis.
Changes introduced by Law No. 69/2021
The law converting the Sostegni Decree No. 41/2021 has significantly altered the original regulatory framework.
Let’s summarize the key points for the project:
Aid for start-up businesses (Section 1-ter)
A new feature compared to the original text of the decree is the non-repayable grant for “start-up” businesses that registered for VAT in 2018 and began operations in 2019, even if they did not experience a decline in revenue. The aid is provided up to a maximum of €1,000.00 for businesses that would not have been eligible for the non-repayable grant under the Sostegni Decree had they failed to meet the requirement of a decline in turnover when comparing the monthly average for 2020 with the monthly average for 2019. In any case, the additional conditions for the disbursement of the grant must still be met, such as the revenue limit of €10 million. A specific decree from the Ministry of Economy must still be awaited, which will set out the precise criteria and implementation procedures for this grant.
Wage Guarantee Fund (Art. 8, paras. 2-bis and 3-bis)
It has been confirmed that, under the ordinary wage supplementation scheme (CIGO), it is possible to
may take up to 13 weeks for the period from the 1st
April and June 30, 2021.
For the FIS Layoff Fund, other bilateral solidarity funds, and the Cassa
As an exception, the 28-week period for the time between
April 1 and December 31, 2021.
The temporary layoff scheme for agricultural workers (CISOA) is set to be extended until
a maximum of 120 days through December 31, 2021.
During the conversion process, the following was added to Article 8, which addresses this issue:
paragraph 2-bis, which provides for the possibility of granting COVID-19 relief measures—
19 measures provided for in the Sostegni Decree, in line with those of the Budget Law
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