Informative Note

Coronavirus: Measures to support businesses

23/03/2020
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In the fight against the Covid-19 pandemic, the scale of measures to protect public health and their consequences are starting to be felt by businesses and, in particular, they are suffering from strains on cash flow. As a result, on Wednesday, 18 March, the Portuguese Government approved and presented a package of economic measures to support companies.

The package focuses on three fundamental items: 

  • lines of credit guaranteed by the State;
  • the banking system; and
  • greater flexibility in tax and social security payments.

This briefing is discusses the main measures and which companies can access them.

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Coronavirus

Impacts and challenges for businesses in Portugal

PLMJ has created a multidisciplinary team dedicated to analysing the legal and operational challenges that businesses are facing. Our team’s mission is work hand-in-hand with our clients to find the best solutions to mitigate the risks and to relieve some of the pressure they are under.

We have created a Coronavirus Hub to share practical information to help mitigate the risks for companies in Portugal.

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