Liquidation of business corporations – part III
Conflict in UkraineI would like to follow up after some time on the previous two articles concerning liquidation of business corporations. In the first article , we introduced...
March 20, 2020 3 min read

The aim of the proposed cooperation is to provide professional services for obtaining a loan from Úvěr COVID national programme, the aim of which is to partially eliminate the economic effects resulting from the occurrence of the coronavirus infection and the related preventive measures. The given situation is being complicated by the fact that it is not clear for the time being, for how long the measures will be applied and in what scope in total.
Support within the first call is intended for small and medium entrepreneurs
A softened loan can be provided in the amount of CZK 500,000 to CZK 15m with 0 % interest rate
Requests for support can be submitted from 1 April 2020 to 31 December 2020 (continuous call)
Can be used for minor assets, inventory and other operating costs/ expenses of the recipient
Incurred costs covered by the softened loan must be substantiated with documents
In the course of six subsequent months, one request can be submitted at maximum
https://grantthornton.eu/covid-19/
For further information, see GT website
The aim of the proposed cooperation is to support the company and help is reduce the effects of COVID-19 and related measures.
the expenditure financed by the softened loan
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