Information update on measures for cultural and creative sectors affected by COVID-19 outbreak
Date
2020 07 28
Rating

FUNDS ALLOCATED TO THE CULTURAL SECTOR TO MITIGATE COVID-19 EFFECTS
Million euros |
Allocation |
6,2 |
Support for the film industry (administered by the Lithuanian Film Centre): additional funding for new TV and cinema productions, individual grants for filmmakers, additional funding for film events, additional funding for films currently in production stage, support for film distributors and cinemas. |
16,35 |
Support for cultural and art organisations (administered by the Lithuanian Council for Culture): individual grants for culture and art creators, compensations for event organisers to cover incurred losses in connection with the cancelled events, funding for projects aimed at creating new and digitised products and services, additional funding to projects in different art and cultural fields, acquisition of culturally significant objects, contemporary art and design works. |
0,8 |
Creative downtime payments for artists |
0,83 |
Funding for the acquisition of music instruments |
1,7 |
Funding for libraries for the acquisition of new books |
4,456 |
Additional funding for cultural institutions under the Ministry of Culture |
45,286 |
Funding for the infrastructure renewal projects of cultural organisations |
General measures relevant for the cultural and creative sectors |
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1. |
The State Tax Inspectorate has announced a list of companies most affected by COVID-19. Affected companies that have accumulated taxes before the end of the emergency and for two months after that, will be automatically, without request, exempted from default interest and no tax recovery actions will be initiated |
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State Tax Inspectorate under the Ministry of Finance |
On-going
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2. |
Self-employed residents whose economic activity is included in the list of economic activities most affected by COVID-19 and who accumulated taxes from March 16 until the end of the emergency and two months after that, will be automatically, without request, exempted from default interest and no tax recovery actions will be initiated |
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State Tax Inspectorate under the Ministry of Finance |
On-going
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3. |
Compensation of up to 100 % of loan interest with annual interest rate up to 7 %; state-funded soft loans for SMEs; guarantees for financial services provided by financial institutions
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INVEGA |
On-going
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4. |
Subsidies for employers to maintain jobs: 90% of the employee’s accrued salary but not more than EUR 607 gross or 70% of the employee’s accrued salary but not more than EUR 910.5 gross |
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Employment Services under the Ministry of Social Security and Labour |
On-going
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5. |
Flat-rate allowance of EUR 257 per month for self-employed persons who have no employment relationship and do not receive any work-related income |
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Employment Services under the Ministry of Social Security and Labour |
On-going
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6. |
Partial compensation of lease payments for businesses most affected by COVID-19 |
EUR 100 million |
INVEGA |
On-going
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7. |
Subsidies to micro-enterprises (linked with personal income tax paid in 2019; subsidy starts at 500 EUR and could amount to the half of personal income tax paid by the applicant in 2019 with the ceiling of up to 200.000 EUR of total state-aid during three last fiscal years) |
EUR 100 million |
Ministry of the Economy and Innovation, Ministry of Finance, State Tax Inspectorate, Lithuanian Business Support Agency, Competition Council, National Centre of General Functions under the Ministry of Finance. http://eimin.lrv.lt/en/news/enterprises-with-up-to-nine-employees-will-be-able-to-receive-subsidies |
On-going
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8. |
Compensation of tickets for events that could not take place due to covid-19 |
Law on the effects of the quarantine in relation to COVID-19 (Coronavirus infection) on the implementation of the contracts for the provision of events organization services, adopted by the Parliament on 30/4/20, No. XIII-2876 (Lietuvos Respublikos Dėl Covid-19 (koronaviruso infekcijos) paskelbto karantino sukeltų pasekmių poveikio vartojimo sutarčių dėl renginių organizavimo paslaugų teikimo vykdymui įstatymas)
Link to the legal act: https://e-seimas.lrs.lt/portal/legalAct/lt/TAD/3caf53038f9a11eaa51db668f0092944?jfwid=j4ag08j7 Main provisions of the Law:
within a period of 3 months from the lifting of the quarantine prohibitions which have made it impossible or significantly more difficult to organize the event), the service provider shall have the right to set a later date for the event within 30 days of the lifting of that prohibition.
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