COVID-19 Fixed Costs Subsidy 800,000

The Guidelines on the Fixed Costs Subsidy 800,000 (“FCS 800k”) entered into force in November 2020. On 16 February 2021, amendments to the Guidelines were published in the Austrian Federal Law Gazette. In the following entry (last updated 17 February 2021), we provide information on the most important points, including these amendments: General prerequisites for […]

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Update on COVID-19 subsidies

The following contribution provides an overview of planned changes to existing COVID-19 state aid, as well as an overview of new COVID-19 subsidies as of 18 February 2021. Investment premium According to a proposed ministerial decision of 20 January 2021, the cut-off date for the initial measure, which indicates the beginning of the investment, could be […]

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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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