COVID 19 GRANT FOR BUSINESS OWNER

COVID 19 GRANT FOR BUSINESS OWNER_20200430

 

As of 2020/4/30

Frequently updated

 

Max: JPY 2,000,000 for an incorporated company

Max: JPY 1,000,000 for a self-employed business owner

 

Conditions

  1. By COVID-19, a monthly sales has dropped more than 50% down as one of the same month in the previous business year.

 

EXAMPLE   (unit; JPY 10,000)

2019 Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec TOTAL
30 20 10 30 30 20 30 30 30 20 20 30 300
2020 Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec
40 20 20 13

 

Sales in April 2020 (13) is more than 50% down as compared with sales in the same month, April 2019 (30).      13 　<　30 ×50%

 

  1. Business sales had been generated before/in 2019, and the business shall continue here after
  2. If you are an incorporated company, it shall be
  1. ) The amount of capital shall be less than JPY one billion, or
  2. ) Number of full time employer shall be less than 2,000 persons.

 

 

Required documents

 

For an incorporated company

  1. ・Tax file document (BEPPYO_1) of the previous business year with RECEIPT STAMP by tax office,

・HOJIN JIGYO GAIYO SETUMEISHO(Corporate Business Overview Manual)

  1. Sales ledger/note/record of the month in 2020 which a monthly sales has dropped more than 50% down as one of the same month in the previous business year.
  2. Copy of Bankbook (under company or president name).

Required documents (continued.)

 

For a self-employed business owner

  1. ・Tax file document of the previous business year with RECEIPT STAMP by tax office, If not, monthly sales amount in previous business year shall be the average of the year (total yearly sales divided by 12 months)
  2. ・Blue tax return (page 1 and 2), if applicable
  3. Sales ledger/note/record of the month in 2020 which a monthly sales has dropped more than 50% down as one of the same month in the previous business year.
  4. Copy of Bankbook
  5. Personal ID (Residence cards, Driver’s license, my number cards, etc)

 

How to apply:  online      https://www.jizokuka-kyufu.jp/

 

Grant Calculation method: (unit; JPY 10,000)

S: Grant amount (max. 100)

A: Total sales revenue in 2019

B: Monthly sales in 2020 which a monthly sales has dropped more than 50% down as one of the same month in the previous business year.

 

S　=　 A 　– 　B 　×　12

 

EXAMPLE : for a self-employed business owner with Blue tax return

2019 Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec TOTAL
30 20 10 30 30 20 30 30 30 20 20 30 300
2020 Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec
40 20 20 13

↑

Sales in April 2020 (13) is below 50% down compared with Sale in the same month (April) 2019 (30).

 

A: 300

B:   13

S　　　＝     A       －       B   ×  12

144　　 ＝　　300　   　－　　　13　　×　　12

144　＞　100（max）

Total grant amount   100