Background information

Many trading companies have been negatively affected by the COVID-19 pandemic and the restrictions followed by the outbreak. Thus, in order to support trading companies that have not been able to benefit from other support measures, the Government has introduced a turnover support, a new form of direct subsidy that specifically targets trading companies with at least one natural person registered as partner and that have had a significant turnover loss.

Turnover support is implemented through Förordning (2021:208) om omsättningsstöd till handelsbolag för mars 2020-februari 2021 (unofficial translation: Decree on turnover support for trading companies for March 2020 - February 2021, 2020:893).

Content of measure

The support is divided into six support periods: March – April 2020, May 2020, June – July 2020, August – October 2020, November – December 2020 and January – February 2021.

To be able to apply, the trading company must, among other things, have had a turnover of at least SEK 200,000 times the number of shareholders throughout 2019 for the support period March – October 2020, and at least SEK 180,000 times the number of shareholders for the whole of 2019 for the support periods November 2020 – February 2021.

For the support periods March to October 2020, the support is 75% of what was lost in net turnover compared to the same period in 2019. For the support periods November 2020 to February 2021, the support is 90% of what was lost in net turnover compared to the same period in 2019.

As in the case of turnover support for sole traders, the support is administrated by the County Administrative Boards and paid out by The Swedish National Board of Housing, Building and Planning.

Use of measure

No information available.

Target groups

Workers	Businesses	Citizens
Does not apply to workers	Other businesses	Does not apply to citizens

Actors and funding

Actors	Funding
National government	National funds

Social partners

Social partners' role in designing the measure and form of involvement:

	Trade unions	Employers' organisations
Role	Unknown	Unknown
Form	Not applicable	Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

• Unknown
• Main level of involvement: Peak or cross-sectoral level

Involvement

No information available.

Views and reactions

No information available.

Sources

• 18 March 2021: Turnover support for trading companies with at least one natural person as a partner (www.regeringen.se)
• 01 July 2021: Turnover support extended July-September (www.regeringen.se)