Updated: Dutch economic measures relating to Covid-19 Coronavirus

Status as of 10 April 2020

Overview

In response to the COVID-19 coronavirus outbreak, the Dutch government has decided to take exceptional economic measures to limit the impact of the outbreak on the Dutch economy. The aim is to protect jobs and the incomes of Dutch citizens and to cushion the consequences for self-employed persons, SMEs and large companies. 

The emergency package as announced on Tuesday 17 March by the Dutch government will provide an estimated EUR10 to 20bn in support for the first quarter of the COVID-19 coronavirus outbreak. In short, the Dutch government has introduced the following measures to limit the economic impact: 

  • measures that ensure that companies can continue to pay their employees;
  • financial support for self-employed persons to bridge these difficult times; 
  • measures that enable companies to retain funds through relaxed tax regimes; and 
  • extra credit opportunities.

To ensure that it is effective, the emergency package applies at least until 17 June 2020. However, the Dutch government has indicated that these measures may be extended after that date should the COVID-19 coronavirus situation require it.

We have prepared an overview of all key measures which includes all updates that the Dutch government presented to the emergency package up to 10 April 2020:

Covid-19 - Dutch Economic Measures - Update 10 April 2020

 

Other relevant Covid-19 coronavirus publications include:

Covid–19 coronavirus and the EU State aid response

De (hybride) AVA tijdens Covid-19 Coronavirus

Covid-19 coronavirus measures impacting insolvency proceedings and enforcement across Europe

Covid-19 coronavirus: What measures apply in the Netherlands?

Covid-19 coronavirus: Dutch Data Protection Authority eases its enforcement approach and updates guidance for employers

Covid-19 coronavirus: 10 key points for effective contingency planning

 

Contact Information
Arnold Croiset van Uchelen
Partner at Allen & Overy
+31 20 6741303
Arnold Keizer
Partner Employment at Allen & Overy
+31 20 6741359
Karine Kodde
Partner at Allen & Overy
+31 20 674 1705
Niels de Ru
Partner at Allen & Overy
+31 20 674 1135
Rens Bondrager
Partner at Allen & Overy

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