Supporting Amsterdam businesses

Although restrictions on society are being gradually eased, the coronavirus pandemic is continuing to affect many businesses in Amsterdam.  

The Dutch government has pledged support to companies and self-employed professionals affected by the crisis, with various schemes to bridge losses and pay wages, as well as support living costs. Many schemes have been expanded or adjusted until 30 September 2021.

Business closed during coronavirus lockdown (via Unsplash)

Financial support available

  • NOW (Noodfonds Overbrugging Werkgelegenheid) helps employers pay their employees’ wages and to cover some other costs related to the COVID-19 crisis. The latest period covers from 5 July until 30 September 2021 and will compensate up to 80% of the total wage.
  • Companies with relatively small financing needs (from €10,000 to €50,000) can apply for a small credit scheme called the Kleine Kredieten Corona garantieregeling (KKC). The loans will be provided by the banks and have an interest rate of up to 4%. This scheme has been extended to 31 December 2021.
  • Self-employed professionals (ZZP-ers) can apply for Tozo to bridge losses between October 2020 and September 2021. Apply with your municipality of residence.
  • The time-out arrangement (TOA) enables entrepreneurs to temporarily put their company into a form of hibernation. There are two measures under TOA: Wet Homologatie Onderhands Akkoord (WHOA) allows businesses to reach an agreement with creditors and shareholders, preventing bankruptcy; businesses making use of WHOA can then make use of the Re-launch credit for SMEs. Find out more about TOA (link in Dutch).
  • Some businesses may be eligible for the Reimbursement Fixed Costs SMEs scheme, or TVL, which covers costs other than wage costs. The scheme has been extended until 30 September 2021 and includes businesses that were started up until 30 June 2021. To apply, you must meet the required conditions.
  • Self-employed people or employees who are not entitled to other support schemes may be able to receive help through Temporary Support for Necessary Costs (TONK) to contribute towards living costs such as housing. It’s organised by municipalities and is available until 30 September 2021.
  • If you are a starting or existing business owner in the Netherlands and need credit, you may be eligible for microcredit.
  • You can also find information about the government's business loan guarantee scheme (GO-C) and recently extended SME credit guarantee scheme (BMKB).
  • Costs for events organised after July 1 2021 can be reclaimed if the event is cancelled due to COVID-19 restrictions.
  • If you need more guidance, check out the FAQ for entrepreneurs.

The City of Amsterdam is also offering support for businesses and individuals

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

Other available services

  • As the official foreign investment agency of the Amsterdam Metropolitan Area, amsterdam inbusiness is continuing to offer assistance online. The team is available to answer questions by phone or email. This includes questions about market intelligence, practical information about setting up a business in the area and online fact-finding visits, among other services.
  • IN Amsterdam, which helps international newcomers to the Amsterdam Area, is still operating with a limited staff for scheduled appointments only. You can find out more about the services it is offering here.
  • On the Dutch Immigration and Naturalisation Service (IND) website you can find the latest information about the regulations around staying in the Netherlands and renewing and applying for different versions of residence and work permits.

While this is a comprehensive guide to support available, the Dutch government regularly announces updates and extensions to the existing measures. For the most up-to-date information, check

For advice on how to manage employees during these times, read our practical guide for employers.