Available assistance and information
Currently, the coronavirus is still affecting many businesses in Amsterdam. Restrictions are limiting travel and most events have been cancelled. Other measures taken by the Dutch government to contain the spread of the virus may impact companies as well. After announcing a range of new measures in October 2020, the government also pledged further support in December. The new support system is based on three pillars: support, helping to adapt and invest, and businesses can claim support until July 2021. New conditions are in place for some schemes. For the latest medical information, advice on preventing the virus and an outline of the safety measures that have been adopted, visit the website of the National Institute for Public Health and the Environment (RIVM).
To help businesses during this time, the government is providing up-to-date information on the latest support measures:
- The Dutch government’s business webpage offers advice and links to organisations that can provide help and advice.
- There is also a page dedicated to the government measures to help businesses.
- It also offers a ‘roadmap’ to help with things like minimising health risks and dealing with taxes.
- The Dutch government's NOW-arrangement (Noodfonds Overbrugging Werkgelegenheid) can provide financial help for employers to pay their employees’ wages and to cover some other costs in regard to the COVID-19 crisis. You can find more information about the scheme here.
- Startups and scale-ups will be able to apply for the 'Corona-Overbruggingslening' (Corona Bridging Loan or COL) via the Techleap.nl website. In order to prepare for your application, please review the extensive Q&A (in Dutch) and the documentation requirements (in Dutch).
- The Dutch government has made €750m available to in bridging loans for companies with relatively small financing needs (from €10,000 to €50,000). Called the Kleine Kredieten Corona garantieregeling, the loans will be provided by the banks and have an interest rate of up to 4%. You can find out more details about the scheme on the overview page (in Dutch).
- You can also find details about the support for self-employed professionals (zzp-ers).
- The time-out arrangement (TOA) enables entrepreneurs to temporarily put their company into a form of hibernation. The government is now working on the Wet Homologatie Onderhands Akkoord (WHOA), which will make this easier for businesses by allowing them to reach an agreement with creditors and shareholders, preventing bankruptcy. Find out more about TOA (in Dutch).
- You can also find information about the government's business loan guarantee scheme, SME credit and temporary emergency bridging measure.
- If you are the owner of an SME (maximum of 250 employees) and suffered a turnover loss due to the corona crisis you may be eligible for the continued Reimbursement Fixed Costs SMEs scheme, or TVL. SMEs in all sectors are eligible for the scheme until 31 March 2021, providing they meet the required conditions.
- If you are a starting or existing business owner in the Netherlands and need credit, you may be eligible for microcredit.
- There's also a page of FAQ for entrepreneurs available as well.
- Self-employed persons or employees who are not entitled to other support schemes may be able to receive extra support. This scheme, the Temporary Support for Necessary Costs (TONK), will be organised by municipalities and has yet to be finalised.
The City of Amsterdam is also offering support for businesses and individuals affected by the crisis:
- The City of Amsterdam website provides info in English about the situation from the local government.
- There's also a page dedicated to the help available for businesses and freelancers.
- There will be a temporary income support measure for self-employed entrepreneurs and freelancers, find out more here.
- You can request tax deferral for the ‘combined municipal levy’, which includes real-estate tax, sewage levy and waste collection levy.
Other available services:
- As the 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 previously scheduled appointments only. You can find out more about the services it is offering on its website.
- 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.