Things
It is a fund aimed at countering the negative effects deriving from the Russian-Ukrainian crisis on Italian companies, which translate into significant losses in turnover, as a consequence of the contraction in demand, the interruption of existing contracts and projects and the crisis in supply chains . It has a financial allocation of 120 million euros for the year 2022 and provides for the granting of aid in the form of non-repayable contributions to national SMEs that have suffered negative economic repercussions resulting from the international crisis in Ukraine.
Who is it aimed at?
Small and medium-sized enterprises, other than agricultural ones, can access the contribution if they cumulatively meet the following requirements: a) have carried out sales operations of goods or services in the last two years, including the procurement of raw materials and semi-finished products , with Ukraine, the Russian Federation and the Republic of Belarus, equal to at least 20% of the total company turnover; b) have incurred an average purchase cost for raw materials and semi-finished products during the last quarter before 18 May 2022 , increased by at least 30% compared to the average purchase cost of the corresponding period of the year 2019 (for companies established from 1 January 2020, compared to the average purchase cost of the corresponding period of the year 2021); c) have suffered in during the quarter prior to 18 May 2022, a drop in turnover of at least 30% compared to the same period in 2019. For the purposes of quantifying the reduction in turnover, the revenues referred to in article 85, paragraph 1, letters a) are relevant. and b), of the Consolidated Income Tax Act approved by decree of the President of the Republic of 22 December 1986, n. 917;d) have their registered office or operational headquarters in Italy and are duly incorporated, registered and active in the Companies Register; e) are not in voluntary liquidation or subject to insolvency proceedings with liquidation purposes; f) are not subject to disqualification sanctions pursuant to Article 9, paragraph 2, letter d), of Legislative Decree no. 8 June 2001. 231.
What does it predict
Non-repayable contribution with an amount obtained by applying a percentage of 60% and 40% to the difference between the average amount of revenues relating to the last quarter before 18 May 2022, and the amount of the same revenues referring to the corresponding quarter of 2019 In detail: -60 percent, for subjects with revenues relating to the 2019 tax period not exceeding €5,000,000.00 (five million/00); -40 percent, for subjects with revenues relating to the 2019 tax period exceeding euro 5,000,000.00 (five million/00) and up to euro 50,000,000.00 (fifty million/00). For companies established on 1 January 2020, the tax period is that relating to the year 2021.
