- 90% of an expected
loss of turnover
- Full (100%)
compensation for businesses with no turnover (and subject to lock-down)
- Up to max DKK
23,000 a month (or DKK 46,000 in case of a co-working spouse)
compensation for each business owner
- Expected loss of
turnover corresponding to at least 30% for the period 9 March to 8 July
2020 as compared with an average turnover in 2019
- Turnover of at
least DKK 10,000 a month during the period up to the pandemic
- No more than 25
- The business must
have been registered no later than 9 March 2020
- The business owner must
have an ownership stake of at least 25% and must be working for the
- The business
owner’s personal income for 2020 may not exceed DKK 800,000
- Applies to all
kinds of businesses
- A solemn
declaration by the business owner
- Statement showing
expected loss of turnover
- Reason for loss of
turnover as a result of the Covid-19 pandemic
- Applications to be
filed as of 1 April 2020. Please note that compensation is not based on a
first-come, first-served principle
- Businesses which
have already filed an application for the rescue package (v1) must file
another application for an extended period of compensation. Applications
for an increase from 75% to 90% may be filed with retroactive effect.
Alternatively, the compensation may be increased in connection with a
subsequent review. The new scheme becomes effective in mid-May 2020.
- Documentation of a
loss of turnover accounting for at least 30%
- Audit assistance
may be required
- If the conditions
are not fulfilled, the compensation may have to be repaid
Valby: +45 33 45 10 00 | Odense: +45 66 13 07 30 | Mail: email@example.com
(updated on 31 March 2020)
the compensation for a loss of turnover apply to both personal businesses and
A: The compensation applies to both businesses and companies.
Q: Is the
principal shareholder covered?
A: The businesses in question are comparable to self-employed people who are
not covered by wage or salary compensation.
business must provide proof of having realised a turnover in the amount of DKK
10,000 during the preceding period. Which period is that?
A: Generally, the average of preceding income years. Yet based on arguments,
another period lasting for at least one month may be selected and there must be
evidence of the turnover realised.
Q: How is
the turnover to be assessed?
A: The assessment of the turnover must be based on the general accounting
practice of the business.