COVID 19 HEALTH CRISIS - Nord France Invest

Page created by April Reyes
 
CONTINUE READING
COVID 19 HEALTH CRISIS
        In an effort to help your business cope with this exceptional and unprecedented
        period, Nord France Invest has listed for you various measures implemented by the
        Government, BPI France and the Hauts-de-France Region. Our entire team remains
        available to help you and answer your questions.

                       WORK ORGANISATION IN FRENCH COMPANIES

        There are three major actions French companies can take to cope with the
        consequences of Coronavirus for their activity.

               1. Inform their employees and clients about health precautionary measures
                  put in place

        Employers must take the necessary actions to ensure the health and safety of their
        staff and are required to provide employees with all the means of protection useful in
        coping with the epidemic: hydroalcoholic gel, washrooms and supply to wash their
        hands, if necessary, protective masks

        If compatible with the company’s activity, travel by employees should be limited to
        what is strictly necessary. This recommendation is essential (except for absolutely
        imperative reasons) for all business travels to high-risk areas and any meeting with
        contacts from the hotspots.
               2. Organise work to limit the risk of contagion
               •   Remote working
        Under exceptional circumstances, such as in the event of an epidemic, the
        implementation of home office does not require any particular formality. There is no
        need to sign any business agreement; a notification by email is sufficient. This
        implementation allows employees to work remotely until the end of the incubation
        period (14 days) in order to avoid the risk of the virus spreading in the company

               •   Exceptional child care leave

        Following the closure of all schools, parents of children under the age of 16, who
        have no other option for the care of their children, can benefit from exceptional
        daily allowances by the « Assurance Maladie ». Since May 1, 2020, employees on
        exceptional child care leave have been placed on part time activity. This measure

                                    L’Agence de Promotion Economique des Hauts-de-France
Financée par                           The Investment Promotion Agency for Hauts-de-France
                                Espace International – 299, boulevard de Leeds – 59777 LILLE – France
                                                        Tél: 33 (0)3 59 56 23 00                        Partenaire de
                                         Email: nfinvest@nfinvest.fr – www.nordfranceinvest.fr
will be maintained by the government until June 1. For further details. Employees
        can also ask if their company allows them to work remotely and babysit.

               3. Business Continuity Plan (PCA)
        The PCA has been activated to adapt companies’ operating methods and
        organisation to the disruption induced by the Coronavirus epidemic. The measures in
        this PCA allow companies to rearrange their premises, manage stocks and supply
        flows, adjust working hours (shift work for example) or reconsider their business trips.

                                   MAIN GOVERNMENT MEASURES
        The French government has put in place immediate support measures for businesses,
        the main of which are :

               •    An economic emergency plan which rises from 45 billion euros to 100
                    billion euros : https://www.bpifrance.fr/A-la-une/Actualites/Coronavirus-100-
                    milliards-d-euros-au-service-des-entreprises-francaises-49137

           • Extended payment deadlines (URSSAF, direct taxes)
             Accelerated refund of tax credits (CICE, etc.)
             https://www.impots.gouv.fr/portail/node/13465
             Deferral of social security contributions payable to URSSAF
             https://www.urssaf.fr/portail/files/live/sites/urssaf/files/documents/modification-
             paiement-cotisations.pdf
             Deferral of tax deadlines with the corporate tax services (SIE) of the DGFiP
             https://www.impots.gouv.fr/portail/node/9751
             Financial difficulties : CCSF :
             https://www.impots.gouv.fr/portail/professionnel/ccsf-et-codeficiri

           •       Direct tax rebates which can be decided as part of an individual
                   examination of requests
                   Rebate request form : https://www.impots.gouv.fr/portail/node/13465

           • Deferred payment of rents, water, gas and electricity bills for small
             businesses in difficulty
             Request for an amicable deferral to the supplier companies (gas, water or
             electricity supplier, lessor, etc.) by email or by phone

           • The state will back up to 300 billion euros of bank loans to companies in
             an effort to protect firms threatened by the impact of the coronavirus
             outbreak

                                       L’Agence de Promotion Economique des Hauts-de-France
Financée par                              The Investment Promotion Agency for Hauts-de-France
                                   Espace International – 299, boulevard de Leeds – 59777 LILLE – France
                                                           Tél: 33 (0)3 59 56 23 00                        Partenaire de
                                            Email: nfinvest@nfinvest.fr – www.nordfranceinvest.fr
o Via the company’s bank advisor
               o Via Bpifrance that guarantees SMEs and Mid-caps on a confirmed overdraft
                 over 12 to 18 months or on a loan of 3 to 7 years : a deferral by 6 months of
                 maturities from March 16
                 https://www.bpifrance.fr/A-la-une/Actualites/Coronavirus-Bpifrance-active-
                 des-mesures-exceptionnelles-de-soutien-aux-entreprises-49113

           • Support from the State and the Banque de France (credit mediation) to
             negotiate with your bank a rescheduling of bank loans
             The mediator can bring together your company's financial partners to identify
             and resolve blocking points and suggest a solution to stakeholders:
             https://mediateur-credit.banque-france.fr/

           • Maintaining employment through the simplified and upgraded short-time
             work system
             Partial shut down of activity request to be filed online on the Ministry of Labor
             website dedicated to partial unemployment:
             https://activitepartielle.emploi.gouv.fr/aparts/

           • Support to sort out a conflict with customers or suppliers by the Business
             Mediators
             To request a mediator: https://www.mieist.bercy.gouv.fr/
             Information request form: https://www.economie.gouv.fr/mediateur-des-
             entreprises/contactez-mediateur-des-entreprises

           • Recognition by the State and local authorities of Coronavirus as a case of force
             majeure for their public markets
             For all state and local government contracts, late penalty fees will not be
             applied

           • Different support plans are in place for:
                  o Exporting companies
                     https://www.bpifrance.fr/A-la-une/Actualites/COVID-19-plan-de-soutien-
                     aux-entreprises-francaises-exportatrices-49226
                  o Start-ups
                     https://www.bpifrance.fr/A-la-une/Actualites/Coronavirus-4-milliards-d-
                     euros-pour-soutenir-les-startups-49193
                  o SMEs
                     https://les-aides.fr/fiche/apFhC3hGxPTMB3ZQ/bpifrance/fonds-de-
                     renforcement-des-pme-frpme-soutien-aux-entreprises-dont-l-activite-
                     est-impactee-par-le-covid-19.html

        For further information: www.economie.gouv.fr/coronavirus-soutien-entreprises

                                   L’Agence de Promotion Economique des Hauts-de-France
Financée par                          The Investment Promotion Agency for Hauts-de-France
                               Espace International – 299, boulevard de Leeds – 59777 LILLE – France
                                                       Tél: 33 (0)3 59 56 23 00                        Partenaire de
                                        Email: nfinvest@nfinvest.fr – www.nordfranceinvest.fr
FOCUS ON THE BPIFRANCE SUPPORT PLAN

             • Bpifrance backs up private bank loans to companies in an effort to protect
               firms threatened by the impact of the coronavirus outbreak

             • Extension of the classic guarantees for investment loans, to support the
               reorganisations operated by banks, without management fees,

             • Adjustment of medium and long term loans for Bpifrance customers,
               rescheduling will be done automatically

             • Cash support loans :
               o Loans without guarantee, without security interests over the assets of the
                 company or its manager, they are dedicated to VSEs, SMEs, and Mid-caps
                 who are going through a difficult time due to the COVID-19 health crisis
               o With the Regions, a « Rebond » loan of 10 to 300 000€ subsidised on a
                 period of 7 years with a 2 years deferral
               o The « Atout » loan, up to 5M€ for SMEs and 30M€ for Mid-caps, granted
                 over a period of 3 to 5 years with deferred depreciation.
               o First report on the government’s back up scheme: https://www.bpifrance.fr/A-
                 la-une/Actualites/PGE-premier-bilan-sur-le-dispositif-de-prets-garantis-par-l-
                 Etat-49291

        Useful contact:

        From March 23, of a toll free number to contact the Receivers including court-
        appointed Receivers will be available in an effort to help companies figure out and
        apply the support measures announced by the Government (deferral of social
        charges and tax claims, the rescheduling of bank loans, and when of the support
        measures proposed by Bpifrance) would take effect : 0 800 94 25 64

                      HAUTS-DE-FRANCE REGION’S SUPPORT PLAN

        In an effort to support local artisans and businesses impacted by Covid-19, the
        Hauts-de-France region :

         •     secures 327 millions € to back up companies

                                    L’Agence de Promotion Economique des Hauts-de-France
Financée par                           The Investment Promotion Agency for Hauts-de-France
                                Espace International – 299, boulevard de Leeds – 59777 LILLE – France
                                                        Tél: 33 (0)3 59 56 23 00                        Partenaire de
                                         Email: nfinvest@nfinvest.fr – www.nordfranceinvest.fr
o   € 30 million direct aid : First Aid Fund, Hauts-de-France prévention and
                      repayable regional advances.
                  o   € 36 million back up loans by Région/BPI : regional regeneration
                      scheme et economic rebound loan.
                  o   € 18 million contribution from the national solidarity fund for the month
                      of March, potentially ramping up to € 54 million (March, April and May)
                  o   € 1 million to chartiy organizations via le DASESS (managed by France
                      active).

         • Doubles its back up capacities to support loan grants from banks
           (loans backed up for a total amount of € 80 million)
         • Leans on a dedicated team available for the companies concerned throughout
           the whole regional territory.
         • Webinars to help business activities during lockdown period
         • Interruption of all direct debits for companies supported by the region, which
           represents over € 6 million payment deadlines suspended (from March to May
           2020)

        Further information on : https://www.hautsdefrance.fr/covid-19-plan-soutien-
        entreprises/

                                  L’Agence de Promotion Economique des Hauts-de-France
Financée par                         The Investment Promotion Agency for Hauts-de-France
                              Espace International – 299, boulevard de Leeds – 59777 LILLE – France
                                                      Tél: 33 (0)3 59 56 23 00                        Partenaire de
                                       Email: nfinvest@nfinvest.fr – www.nordfranceinvest.fr
YOUR CONTACTS

        Dirrecte Hauts-de-France :                         Région and CCI Hauts-de-France :
        hdf.continuite-eco@direccte.gouv.fr                entreprises@hautsdefrance.fr
        03 28 16 46 88                                     covid19@hautsdefrance.cci.fr
                                                           03 59 75 01 00

        Real time updated news: hautsdefrance.cci.fr/covid-19

        Nord France Invest :
                           Guillaume Jinkoji                                        Christelle Rondel
                           Asia director                                            Senior Project Manager
                           g.jinkoji@nfinvest.fr                                    c.rondel@nfinvest.fr
                           33 (0)6 85 08 04 55                                      33 (0)6 33 92 30 40

                                 L’Agence de Promotion Economique des Hauts-de-France
Financée par                        The Investment Promotion Agency for Hauts-de-France
                             Espace International – 299, boulevard de Leeds – 59777 LILLE – France
                                                     Tél: 33 (0)3 59 56 23 00                         Partenaire de
                                      Email: nfinvest@nfinvest.fr – www.nordfranceinvest.fr
You can also read