Lockdown revenue compensation, December 2020

The guidelines on granting a lockdown revenue compensation for companies directly affected by the lockdown (so-called December lockdown revenue compensation) were published on 17 December 2020 and updated on 28 December 2020. In the following entry, we provide information on the key points of the updated guidelines: To provide those sectors in Austria that have […]

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COVID-19 Fixed Costs Subsidy II of up to EUR 800,000

On 23 November 2020, the Guidelines on the Fixed Costs Subsidy II of up to EUR 800,000 were published in the Austrian Federal Law Gazette. In the following entry, we provide information on the key points: General prerequisites for application Companies which have their legal seat or permanent establishment (PE) in Austria, and which carry out operational […]

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Lockdown: Extension of compensation for lost revenues

Due to the Austrian COVID-19 Prevention Measures Ordinance, in place since the beginning of November 2020, certain sectors in Austria are again subject to restrictions. To provide those affected with support as quickly and directly as possible, the Austrian Federal Government has introduced compensation for revenues which were lost due to the lockdown as an immediate […]

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