France introduces economic support measures to aid businesses affected by damage, including part-time work schemes and tax relief.
Economic measures for affected businesses
The French government has introduced a series of economic measures to support businesses damaged by recent events, focusing on preserving jobs and helping businesses resume their activities.Part-time work scheme for employees
Affected businesses can implement a part-time work scheme fully funded by the state, with employees receiving 60 percent of their gross salary, or 100 percent for those earning the minimum wage.Deferred payments for employer contributions
Businesses can request the Urssaf, the French social security agency, to defer employer contribution payments for up to 12 months, providing temporary financial relief.Tax relief and debt management
The government plans to offer tax relief, including extended payment deadlines and faster reimbursement of certain debts, to ease the financial burden on affected businesses.Cash flow support from Bpifrance
Bpifrance, a state-backed financial institution, will provide cash flow support to businesses at the government’s request, helping them manage their finances during the crisis.Special fund for small businesses
A specific support fund has been established for small businesses with fewer than 50 employees that have suffered significant damage. The aid will be based on company turnover, up to set limits.Insurance support measures
Insurance companies have announced support measures, such as an extended declaration period and immediate advance payments, to assist businesses in difficulty.Contact information for affected businesses
Businesses in need can contact the non-geographic number 0 806 807 807 to learn more about the available support measures and how to access them.