Updated 30 November 2021

Measures to support Amsterdam businesses

As restrictions on society due to COVID-19 are being gradually eased, most government support packages for companies and self-employed professionals have ended. Some support is still available for sectors affected by closures, hospitality and entertainment in particular. In some cases, businesses may have to repay part of the support money received. See below for more information.

People working in an office stock image via unsplash

Financial support available

If you need more guidance, check out the FAQ for entrepreneurs.

City of Amsterdam support for businesses and individuals

The City of Amsterdam website provides the latest government information in English.

Repaying coronavirus-related support

In some cases, companies must repay support received through financial schemes. This depends on whether the money received was a loan, your turnover was higher than expected, or you were granted a tax payment extension.

  • NOW (wage costs) and TVL (fixed costs): Money received from these schemes does not generally need to be repaid unless your turnover was higher than expected. For NOW, if your turnover loss was less than 20% contact the Employee Insurance Agency UWV for a final settlement. For TVL, if your turnover loss was less than 30%, the Netherlands Enterprise Agency will settle repayment.
  • Tozo income support: You must repay the business loan received from Tozo. The income support does not need to be repaid unless your income was higher than expected.
  • TONK: The benefit to cover rent or mortgage costs or municipality bills is generally not expected to be repaid, but this depends on the municipality that provided it.
  • Corona bridging loans: Business loans such as KKC and TOA need to be repaid. Here are links to specific information for each loan.
  • Tax payment extension: If you successfully applied for a tax payment extension before 1 October 2021, you must start repaying the tax debt accrued from 1 October 2022.

While this is a useful guide, for the most comprehensive information check business.gov.nl

For advice on how to manage employees and the workplace while restrictions are in place, read our practical guide for employers.