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    Van Doorne is a leading independent Dutch law firm.
    With around 185 lawyers, we have been advising our clients for 90 years in a broad range of legal expertises relevant to them. Our lawyers are internationally recognised as leading experts, both in their area of practice and industries in which they operate. How can we assist?    

    COVID-19: Van Doorne is at your service

    Our specialists are at your service in these challenging times. Here you will find answers to questions about the coronavirus (Covid-19) that have been asked a lot.
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    Corona-hub: legal information for businesses that face a liquidity shortage

    This is a working document that will be updated twice a week. The current version is from 7 April 2020 The corona virus and related government measures are having a profound impact on the economy and businesses. Companies are confronted with a loss of turnover and a suspension of payments by customers that have also been affected. This often leads to a shortage of liquidity. In order to help entrepreneurs to address such a liquidity shortage, we have bundled relevant information and advice in this hub.
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    Expedited implementation of Dutch Scheme legislation

    The Dutch government has qualified the bill for the introduction of a pre-insolvency composition (the so-called: "Dutch Scheme") as emergency legislation with a view to entry into force on 1 July 2020. 
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    Emergency Fund Bridging Employment – NOW

    On 31 March 2020 the Dutch government provided further insight in rules of the earlier announced Emergency Fund Bridging Employment scheme, by making public the emergency measure under the name the NOW (Noodmaatregel Overbrugging voor behoud van Werkgelegenheid) dated 1 April 2020. On 3 April some amendments to the NOW were published. The NOW provides substantial financial aid to companies suffering at least a 20% loss of turnover during a period of three months (to be chosen: March-May, April-June or May-July) in the form of wage compensation (subsidie). Applications for advance payments can be made with the Dutch Employee Insurance Agency (UWV). Companies have been able to make requests under the NOW from 6 April 2020, on which day 35.000 companies  have done so. Applications can be made at the latest on 31 May 2020. The NOW replaces the Reduced Working Time scheme, which was withdrawn in March. Applications under the Reduced Working Time scheme which were submitted prior to the withdrawal will be converted into applications under the NOW.
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    Targeted tax and economic response to the coronavirus

    Update 8 April During the last weeks the Dutch government presented economic and tax measures aimed at mitigating the economic effects of the coronavirus (COVID-19). The Dutch government has chosen a targeted approach, mainly aimed at eliminating temporary liquidity issues to support businesses. Below we will briefly discuss some of these as well as several other tax measures and actions which can be considered to mitigate liquidity issues.
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    Government aid in reaction to the Corona virus needs to be state aid proof: Van Doorne can help you with this

    Governments across Europe are announcing new measures to soften the economic blow of the corona virus (COVID-19). Many sectors including entertainment, (air) transport and the horeca branch are urgently seeking financial support from the government. Speed is of the essence.
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    Impact of the COVID-19 outbreak on credit facilities

    In this article, we discuss the impact on the COVID-19 outbreak on credit facilities and the economic measures announced by the Dutch government to provide credit support for credit facilities made available to SMEs.
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