Small and medium sized Russian companies operating in the industries most affected by Covid-19 will receive free financial aid. The amount of such free financial aid is 12,130.00 RUB per month for each employee. The conditions for receiving such free financial aid are as following:
- companies shall operate in the industries most affected by Covid-19;
- companies shall keep at least 90% of the of employees as of April,1, 2020.
Companies shall apply for free financial aid within a month starting from May 1, 2020. Applications for free financial aid shall be submitted to the tax offices.
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NAZALI TAX & LEGAL |