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The recent publication in the Official State Gazette of 21 April of Royal Decree-Law 6/2021, of 20 Aprilwhich adopts complementary measures to support companies and the self-employed affected by the COVID-19 pandemic, introduces substantial novelties: Covid aid increases and more sectors are included.

Article 3 of Royal Decree-Law 5/2021 of 12 March on extraordinary measures to support business solvency in response to the COVID-19 pandemic is amended,

This allows the Autonomous Communities to expand the sectors and companies. They will be able to benefit from the line of direct aid to the self-employed and companies. Exceptionally, such aid may be granted to viable companies that have had a negative result in 2019.

In the Balearic Islands, what does the Balearic government plan to do to increase covid aid?
  • To increase the number of eligible CNAEs by 46, bringing the total number of eligible sectors to 140.
  • Opening up aid to strategic sectors such as culture, traditional industry, technology and training.
  • Include seasonal freelancers and start-ups or companies affected by the collapse of Thomas Cook.

The maximum aid is raised from 200,000 to 500,000 euros and priority is given to direct aid to the self-employed and small businesses.

On the other hand, in order to make it easier for companies to pay their non-tax obligations, the Economy and Finance Delegations are empowered to grant companies a grace period of 2 years from the due date for the payment of these obligations, and a subsequent payment by instalments of up to 2 years.

At Confialia we keep a close eye on everything that is published, both in the official media and in the press. It is true that on most occasions, press reports come before the official publication and it is not always what is finally confirmed is what was initially publicised.

We have set up a service to help our clients who meet the requirements finally established by the call for applications to apply for these grants.

All that remains is to wait for the publication of the call for applications in the Official Bulletin of the Balearic Islands.