What is the Subsidy Program for Sustaining Businesses?
With the expansion of the new coronavirus infection, Japanese government will provide the subsidy that can be widely used to support the continuation of the business and re-starting businesses. The subsidy can be provided to small and medium enterprise, individuals that are heavily affected. It is not for a specific purpose, so it can be used for the continuation of the business.
How much is the maximum amount of the subsidy?
The maximum amount of the subsidy for small and medium enterprise is 2 million yen.
The maximum amount of the subsidy for individuals is 1 million yen.
You are a small and medium enterprise.
The total sales in 2019 was 30 million yen.
The sales in April 2019 was 2 million yen.
The sales in April 2020 was 1 million yen.
30,000,000-(1,000,000*12) =18,000,000 yen
Your subsidy is 2 million yen.
Who will be eligible for the subsidy?
If your sales have decreased more than 50% year-on-year by the effect of the new coronavirus infection, you will be eligible. Individual businesses, including small and medium-sized enterprises, small businesses, small businesses, and freelancers are widely targeted. It also covers a wide range of non-company corporations, such as medical corporations, agricultural corporations, NPOs, and social welfare corporations.
What kind of documents do I need to prepare?
In addition to the address and bank account number (copy of the passbook), the following documents will be available:
(1) Corporate number, (2) copy of tax return for 2019, (3) books showing the sales in 2020
(1) Identification documents, (2) copy of tax return for 2019, (3) books showing the sales in 2020
If you want to talk about the subsidy program of sustaining businesses with me, please send your message by the contact form. I will give some advises to support your request.