Corona update: Support for companies in the Stockholm region

The safety of international and domestic companies in the Stockholm region is of utmost importance to us. We at Invest Stockholm are here to support you, why retention now becomes our first priority, to make sure you can maintain operations in our region in the best possible way.

The Swedish government is investing up to SEK 300 billion to support the business sector. We have listed some of the most important measures for you as an employer or entrepreneur and will keep updating the list as new measures are proposed.

Short-term layoffs. This proposal means that the employer’s wage costs can be reduced by half, with the state accounting for a larger cost. The employee will be able to receive more than 90 per cent of their salary. Read more.

Liquidity reinforcement via tax accounts. Companies can delay payment of employers’ social security contributions, preliminary tax on salaries and VAT, which are reported monthly or quarterly. Read more.

Central government to assume sick pay responsibility for two months. Self-employed persons will also be compensated in that they can receive standardised sick pay. Read more.

Sickness benefit qualifying day temporarily discontinued. Employees can apply for central government reimbursement for the first day of sickness after the fact. The application is made retroactively to the Swedish Social Insurance Agency. The employer deducts the qualifying day as normal. Self-employed persons will also receive compensation for a qualifying day. Read more.

Medical certificate requirement during sick pay period to be suspended. The Government is proposing to temporarily suspend the medical certificate requirement from the eighth calendar day of a sick pay period. Read more.

Riksbank lends up to SEK 500 billion to ensure credit supply to avoid vital companies from shutting down. Read more.

The government appoints coordinator to stay updated on businesses’ needs. The coordinator will regularly report to the government regarding businesses’ needs and facilitate dialogue between trade unions and employers.

Useful links:
Verksamt.se provides important information for you as a business owner.
The Swedish Government’s work in response to the virus responsible for COVID-19.
Krisinformation.se - Emergency information from Swedish authorities.

Finally, we would like you to tell us what you need to know in these turbulent times. Invest Stockholm works in close cooperation with several actors to proactively act locally, regionally and nationally for the continuation of industrial operations in the Stockholm region. An important part of the collaboration is to collect information to build arguments of direct value for a company in a decision-making process, to prevent the business from being cut down or relocated abroad.

Our services are free of charge and our focus is to ensure the best possible conditions for companies to maintain their business in the Stockholm region.

Let us know how we can help!
Anna Gissler, CEO
anna.gissler@stockholm.se
Erik Krüger, Head of Investments & Establishments
erik.kruger@stockholm.se
Negar Sabaghzadeh, External affairs & Establishments
negar.sabaghzadeh@stockholm.se