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COVID-19 Anti-crisis package

Anti-crisis shield 3.0 adopted by the Sejm

4 May 2020
On Thursday, 30 April 2020, the Sejm adopted the latest amendment to the Anti-crisis shield. The most important changes include a capital injection from the Industrial Development Agency, increased protection of borrowers, a new levy to be paid by VoD providers and the expansion of the group of self-employed persons eligible for exemptions from social insurance contributions. Funds obtained by the Industrial Development Agency will be spent on public support for entrepreneurs that will not...

Shield 2.0 (signed by the President)

22 April 2020
On Friday (17 April 2020), the Polish President, Andrzej Duda, signed the so-called Anti-crisis shield act on special support measures due to the spread of SARS-CoV-2. The act has officially been called the Anti-crisis shield 2.0. The most interesting solutions under the Anti-crisis shield 2.0 include: Labour law Companies employing between 10 and 49 employees as at 29 February 2020 will be eligible to benefit from the 3-month period (i.e. from 1 March to 31 May 2020) of exemption from 50%...

Shield 1.2 (Shield for local governments)

15 April 2020
Very soon another amendment to the act on special support measures due to the COVID-19 pandemic will be subject to legislative works. The latest regulations under the Anti-crisis shield concern the majority of local governments. The proposed changes are to help local governments fight the pandemic, e.g. thanks to the temporary easing of the fiscal policy stance. It should be noted that the costs currently incurred by local governments include increased expense on healthcare, taking care of the...

COVID-19: Anti-crisis shield 2.0. (Financial shield)

14 April 2020
The Polish government has presented another version of the anti-crisis programme, the so-called Shield 2.0. The aid will be offered to companies ranging from micro-enterprises to large companies, and the total value of the aid amounts to PLN 100 bn (including PLN 25 bn exclusively for large companies). This responds to the call of entrepreneurs claiming that both the Shield 1.0, and Shield 1.1. are insufficient and will not help companies survive over the next 3 months. Funds for the Shield 2.0...

COVID-19: Anti-crisis shield 1.1.

8 April 2020
This week, the Polish government presented a list of propositions under the Anti-crisis shield, the so-called Shield 1.1. The new shield is to extend the group of business entities entitled to benefit from the exemption from social insurance contributions or instruments allowing to maintain financial liquidity. The estimated value of the proposed solutions is PLN 11bn.   According to the presentation, the draft act includes: extension of the exemptions from social insurance contributions also...