Who is entitled to lease subsidies?

Tenants of premises in which goods are sold or where services are provided to consumers, as well as market places where the use of these leases was impossible, difficult or closed due to Covid 19 and government measures.

The amount of subsidy

The amount of subsidy is the same as the discount from the rent, but not more than 50% of the rent, which depends on the agreement with the landlord.

Example:
– If the lessor gives an allowance of 50%, the leaseholder does not need to pay anything since the state shall grant the subsidy up to this
– If the lessor gives an allowance of 20%, the state grants the subsidy of 20% and the leaseholder needs to pay the remaining 60%

No other charges related to the rental (e.g. energy supply) nor the turnover component are included in the lease.

The lessee must repay the unpaid rent only after the end of the extraordinary situation, with up to a maximum of 48 monthly instalments.

If the lessor and leaseholder change the lease agreement after 12. March 2020 the government subsidies refer to the initial version.

If the tenant has already paid the lease for a period of limited use, he is still entitled to the subsidy, even for the same period in the future.

Application for a subsidy

– The landlord applies for a subsidy on behalf of the tenant on his own account
– There is an application as an electronic form on the website of the Ministry of Economy of the Slovak Republic
– The agreement between the landlord and the tenant is attached to the application

The landlord may not terminate the lease due to the leaseholder’s delay in paying the rent, if this delay was due to Covid 19 during the period from 1 April 2020 to 31 December 2020.