We have made a guide for your here, if you want to apply for compensation as a small business owner, or a sole trader, as a result of the Coronavirus/COVID-19 crisis.
This compensation package is relevant for:
1: Sole traders (“Enkeltmandsvirksomheder”)
2: If you own more than 25% of a LTD (IVS, ApS, A/S) – and you work in the company
The company needs to meet the following requirements in order for you to apply:
The company needs to have an average turnover of minimum 10.000 DKK per month.
The company expects to lose a minimum of 30% of the sales in the period 9.3.2020 – 8.6.2020.
The loss of sales is a direct result of the Coronavirus/COVID-19 crisis and not your own fault.
The company does not have more than 10 fulltime employees on 9.3.2020.
Then login into the application:
You will now see the company information, that is related to your NemID.
Choose if you have a coworking spouse (“medarbejdende ægtefælle”) – this is only relevant for sole traders.
Then click “Jeg accepterer ovenstående betingelser” – and “Næste”
Write the type of sales you have – then click “Næste”:
Kun momspligtig omsætning = Only sales with VAT
Kun ikke-momspligtig omsætning = Only sales exempt from VAT
Både momspligtig og ikke-momspligtig omsætning = Both sales with VAT – and sales exempt from VAT
Now you will need the sales for 2019.
Your sales is shown on a PnL statement from your accounting.
Here we made a small video, showing how you can print a PnL statement (Profit and Loss statement) in e-conomic:
You need to attach documentation for the sales (f.ex. the PnL or annual report for 2019) – then click “Næste”:
Then you need to enter the sales from the reference period 1.4.2019 – 30.6.2019.
If there is any special circumstances, then you can change the reference period.
You need to attach documentation for the sales (f.ex. the PnL for Q2 2019) – then click “Næste”:
The expected sales for the period 9.3.2020 – 8.6.2020 is written (it has to be an estimate naturally) – then click “Næste”:
Now you can see the calculated compensation – then click “Næste”:
Enter your contact details and click “Næste”:
Here you give your affidavit, stating that all the information provided by you is true – click the box – and then click “Næste”:
You now see a summary, of the information you have provided.
Then you need to write, how many fulltime employees you have – 1 fulltime employee equals 1924 hours per year (37 hours per week).
If you have parttime employees, then you need to calculate the equivalent to fulltime employees.
Click “Jeg bekræfter ovenstående” (if you agree on the information submitted) – then click “Send”:
Now you will receive a confirmation: