17 Feb 2021

CULTURE SUPPORT MEASURES

On February 15, it was published the Ordinance No. 37-A/2021, approving the regulation of measures to support culture in the context of responding to the Covid-19 disease pandemic.

This diploma reflects the creation and reinforcement of specific support mechanisms for workers, companies and artistic and cultural structures in order to respond to the economic situation of the country due to the Covid-19 pandemic. This new business and employment support package covers five areas of intervention, namely:

• Employment support: Extension of Support for Progressive Resumption (ARP);
• Apoiar Program: expansion and flexibility - support for billing losses in 2020;
• Launch of support for non-housing rents: non-refundable and credit support - support for fixed costs in 2021;
• Taxation: deferral of quarterly and monthly VAT and suspension of AT and SI executions - support for treasury;
• Financing: launch of treasury fund, new credit lines and extension of lines already announced.

In the document we make available you can consult, in a summarized way, the support for this activity sector, which was updated based on the published ordinance.

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