Entrepreneur A system to cover fixed costs for companies in great difficulty

A system to cover fixed costs for companies in great difficulty





The government had announced it a few weeks ago: a mechanism to cover part of the fixed costs borne by certain companies in difficulty due to the health crisis has just been put in place.

Operational from March 31, 2021, this new business support system will be complementary to the solidarity fund.

The companies concerned

The aid, paid bimonthly, is intended for companies of a certain size which are subject to a ban on public reception or which belong to one of the sectors strongly affected by the crisis (so-called S1 sectors) or to one of the sectors related to them (so-called S1 bis sectors) and which:
– were created before 1er January 2019 for aid paid for January / February, before February 28, 2019 for that paid for March / April and before April 30, 2019 for that paid for May / June;
– achieve a monthly turnover of more than € 1 million or have achieved a 2019 annual turnover of more than € 12 million;
– suffered a loss of turnover of at least 50% during the period considered and benefited from the solidarity fund for one of the two months of this period (for example for January or February for the bimonthly January-February);
– have a negative gross operating surplus over the period considered.

It is also open to companies, without turnover criteria but meeting the other conditions, which have significant fixed costs insufficiently covered by the solidarity fund and which belong to the following sectors:
– indoor leisure activities (climbing hall, bowling, etc.);
– sports halls;
– gardens and zoos;
– amusement parks;
– thermal establishments;
– hotels, cafes and restaurants and tourist residences located in the mountains.

The amount of aid

The aid is intended to cover the company’s fixed costs which are not covered by its revenues and by public aid (in particular the solidarity fund). The aid calculation is therefore based on gross operating losses (EBE), that is to say on the company’s income from which its operating expenses are deducted.

Please note: financial charges and depreciation allowances are not taken into account in the aid base.

The aid can cover up to 70% of operating losses for companies with more than 50 employees and up to 90% of operating losses for companies with less than 50 employees, up to a limit of € 10 million. for the first semester of the year 2021.

The request for assistance

Companies eligible for the scheme can submit their request via their professional space on the site www.impots.gouv.fr:
– for the months of January and February 2021, within 15 days after the payment of the aid by the solidarity fund for the month of February 2021;
– for the months of March and April 2021, within 15 days after the payment of the aid by the solidarity fund for the month of April 2021;
– for the months of May and June 2021, within 15 days after the payment of the aid by the solidarity fund for the month of June 2021.

In practice: the company must provide a sworn statement certifying that it meets the required conditions and certifying the accuracy of the information declared as well as a certificate from their accountant mentioning in particular the company’s EBITDA for the period of the 2 months of 2021 for which the aid is requested, its turnover for each of the 2 months of 2021 of the period for which the aid is requested and its reference turnover for each of the 2 months of 2019 for the period for which the aid is requested.

Decree n ° 2021-310 of March 24, 2021, OJ of 25

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