Reimbursement Fixed Costs - TVL | RVO.nl

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Reimbursement Fixed Costs - TVL

14-05-2021

Is your company registered in the Netherlands? Is it suffering from economic losses as a result of mandatory measures taken by the Dutch government? For example, the closing of your business, cancelled meetings or the negative travel advice? The Dutch government offers SMEs a reimbursement of up to 550,000 euros to help cover part of their fixed costs. Enterprises other than SMEs (large companies or a group of affiliated companies) can receive up to 600,000 euros. The final reimbursement period is from 1 July until 30 September 2021.

For whom?

TVL is for SMEs that:

  • have one office in the Netherlands;
    • with an address other than the owner’s address; or
    • with the same address but physically separate from the private residence with its own entrance.
  • have 250 employees or less; the registration with the Chamber of Commerce must confirm this;
  • were founded before 15 March 2020;
  • have lost more than 30% of their turnover because of the coronavirus crisis, and
  • do not have one of the following SBI codes:
SBI codeCategory
64Financial institutes except for SBI code 64.2 (financial holdings) and 64.30.3 (investment institutes)
65
Insurance and pension funds
66Other financial services
70.1Holdings and intra-group services
84Public companies
85Public funded schools
97Households as employers of domestic workers
98Undifferentiated production of goods and services by private households
99Extraterritorial organisations

 

From 1 January 2021, large companies and groups of affiliated companies can also get TVL. Use the SME self-assessment questionnaire to see if your business is an SME or not. Your business is a large company or group of affiliated companies if it has:

  • over 250 full-time employees; or
  • a net turnover of over 50 million euros and a total balance of over 43 million euros.

A large company or a group of affiliated companies can only apply once for TVL. One company must apply for the entire group.

Extra support for specific sectors

For the subsidy periods 1 October until 31 December 2020 and 1 January until 31 March 2021, non-food retailers who had to close their businesses can get an  increase of 5.6% from the TVL subsidy. The Voorraad Gesloten Detailhandel (VGD) subsidy will be added when they apply for TVL.

For the subsidy periods 1 October until 31 December 2020 and 1 January until 31 March 2021, TVL  also offers extra support for the events sector. Entrepreneurs in this sector can get 33.33% of the TVL subsidy they received for June until September 2020. The minimum amount of this extra support is 750 euros. The maximum amount is 16,667 euros.

For the subsidy period 1 January until 31 March 2021, the travel industry can get an increase of 3.4% from the TVL subsidy. The agriculture and horticulture sector can get an increase of 21% from the TVL subsidy. The increases will be added when they apply for TVL.

Conditions

  • SMEs registered in the Netherlands can apply for a maximum reimbursement of 550,000 euros to cover fixed costs that need regular payment. The maximum for enterprises other than SMEs is 600,000 euros.
  • The size of the SME and the level of loss define the reimbursement amount.
  • The reimbursement covers 3 months.
  • Your fixed costs must be at least 1,500 euros in 3 months.
  • Wage costs are not covered by TVL.
  • The level of loss of turnover due to COVID-19 has to be more than 30%.
  • Companies that have applied for postponement of payment with the court or have been declared bankrupt cannot apply for TVL.
  • Public companies cannot apply for TVL.
  • SMEs which apply for a TVL subsidy of 125,000 euros or more, need to provide extra information from an accountant when determining the final subsidy. When we determine the final subsidy, you must tell us your actual turnover for the period 1 January until 31 March 2021.
To determine fixed costs, we use data from Statistics Netherlands (CBS). We do not look at your actual fixed costs.

Extra conditions for certain SBI codes

SBI code 56.10.1 or 56.10.2

  • You declare to rent, lease or own at least one catering location.

Extra conditions for enterprises other than SMEs

For large companies and groups of affiliated companies the following extra conditions apply:

  • You need to submit a declaration stating that the company is not in any financial difficulty.
  • You must provide an overview of the companies that belong to the group:
    • when you apply (up until we determine the final subsidy amount);
    • in the period of reference; and
    • in the subsidy period.
  • If you apply for a TVL subsidy of 125,000 euros or more, you need to provide extra information from an accountant when you apply and when determining the final subsidy. When we determine the final subsidy, you must tell us your actual turnover for the period 1 January until 31 March 2021.

Reimbursement amount

TVL takes into account the amount of your turnover loss. The higher the loss, the more money you will receive. We base the compensation on:

  • your total turnover loss, and
  • the part of the fixed costs that your company pays with it.

We calculate an average percentage per sector for the fixed costs. For SMEs, the maximum amount we pay out is 550,000 euros for the period from 1 January to 31 March 2021. For enterprises other than SMEs, this amount is 600,000 euros.

We pay a maximum of 85% of the fixed costs. For the April – June 2021 period the subsidy percentage will be increased to 100%.

Find out more about how the subsidy is calculated on our Calculation Reimbursement Fixed Costs page.

How to apply for TVL

You can apply for TVL online (only in Dutch, choose Aanvragen). For every new period you will need complete a new application. The final period is from 1 April to 30 June 2021. We trust your Dutch colleague to help you with your application.

To apply for reimbursement, you need eHerkenning level 3 with authorisation 'services at level eH3' or DigiD (if you do not have a DigiD, please register first).

Find out more on how to apply for TVL.

How to apply for TVL as an intermediary

Intermediaries can apply for TVL on behalf of an entrepreneur whose business has been affected by COVID-19.

Go to eHerkenning for the chain authorisation form.

The Netherlands Enterprise Agency carries out TVL on behalf of the Ministry of Economic Affairs and Climate Policy. The Dutch government expects enterprises to conduct business responsibly, respecting people, the environment and society following international OECD guidelines and human rights treaties.