The temporary labor market subsidy for entrepreneurs has been extended until December 31 2020.
Entrepreneurs can temporarily receive labor market subsidy, due to the sudden and surprising decrease of demand caused by the corona virus epidemic. This applies to all entrepreneurs, regardless of the form of the company.
The retroactive application period for unemployment benefits is 3 months. However, your can only receive labor market subsidy from the day the conditions for the subsidy has been met. AMS will investigate whether the conditions has been met or not.
The conditions for relieving labor market subsidy is
- that the entrepreneurs work has ceased full-time due to the corona virus epidemic, or
- that the income from the company, due to the corona virus, is less than 1 089,67 euro per month for each person who works in the company as an entrepreneur
It is not a requirement that the company activity has to cease to receive this subsidy.
Labor market subsidy for entrepreneurs from July 1st 2020
If you have received labor market subsidy for entrepreneurs earlier this year, AMS will contact you for information about your current situation. If you are still in need of labor market subsidy after July 1st, you must submit a new application according to Step 2 below.
I you have not applied or received labor market subsidy for entrepreneurs earlier this year, you need to follow both Step 1 and Step 2 below.
How can an entrepreneur apply for labor market subsidy?
Step 1. Register as a job seeker
Start by register as a job seeker on AMS. This is necessary for being able to have the rights to temporary labor market subsidy for entrepreneurs. The labor market subsidy can be granted at earliest from the day that you have registered.
Here you can find step-by-step instructions (in Swedish) on how you should fill out the form Anmälan för företagare som arbetssökande (pdf)
Step 2. Apply for labor market subsidy
You can apply for labor market subsidy, no earlier than two weeks, after your full-time employment has ceased or after your income from your company has decreased substantially. However, if you still work in the company, you can submit your application at the earliest after four weeks.
Remember to attach the annex to the application of labor market subsidy for entrepreneurs, you can find it below.
What happens next?
When your application is processed you will get a decision about the labor market subsidy. If your unemployment still continues, you should submit a status report of your unemployed period of time. You can fill out the status report for at least 4 weeks or monthly. The status report is always done retroactively.
If you have income from your business, you need to report them to AMS together with your status report. Income refers to the salary that you as a entrepreneur paid to yourself, the earned income you received from a business and the dividend income earning part.
The amount of the labor market subsidy
The amount of labor market support is 33,66€ per day. The support is paid 5 days per week. The temporary labor market subsidy of 30€ per day ends from 1.7.2020.
If you have children, an increase is not paid in connection with labor market subsidy for entrepreneurs.
Income affects the subsidy
If you have, in addition to labor market subsidy, salary income or income from business operations, the amount of the subsidy will be reduced. You can still earn up to 300€ (gross) a month without it affecting your support. During the period 1.6-31.10.2020 you can earn up to 500€ (gross) a month without affecting it.
If you work full time for more than 2 weeks, you are not entitled to unemployment benefits.