“Sines APOIA” stimulates recovery of companies

“Sines APOIA” stimulates recovery of companies

Sines Municipality extends financial support to companies under the simplified regime

Following the approval of the "Sines APOIA" program, to stimulate the recovery of traditional commerce and restoration of the municipality, the Municipality of Sines approved on February 24 a new program, called "Sines APOIA MAIS", which extends financial support to companies simplified regime.

This is yet another measure created by the Municipality of Sines with the aim of minimizing the negative impacts caused by the pandemic, helping companies in this context in particular, which means providing contributions to employment and families.

The launch of this new program allows a wider range of companies and individual entrepreneurs for direct and non-repayable support, this being the most opportune moment to do so, due to the meeting of the declarative conditions of these entrepreneurs and companies for all of the year.

The “Sines APOIA MAIS” program foresees direct and non-repayable benefits between 750 euros and 2000 euros to companies and sole proprietors who in 2019 had turnover of up to 200 thousand euros and which in 2020 show losses above 25 %.

Activities covered

  • CAE 47 – Retail sale, excluding CAE 473 – Retail sale of fuel for motor vehicles, in specialized stores and CAE 479 – Retail sale by correspondence or via the Internet.
  • CAE 56 – Restoration and the like.
  • Repair of computers and personal and household goods.
  • Other personal service activities except 9603 – Funeral and related activities, 9604 – Physical welfare activities and 9609 – Other personal service activities.

Regarding the initial program, “Sines APOIA”, the Municipality of Sines also approved a change to the rules on February 24, allowing, in addition to the first three quarters of 2020, the entire year 2020 to be counted to calculate the drop in turnover compared to the same period in the previous year.

Applications for both measures are open until March 31, 2021.

At this stage, when Balcão Único's face-to-face service is suspended, applications (signed form + required documentation) should be sent to the email [email protected] or to the postal address of the municipality. In duly justified exceptional cases, face-to-face delivery can be scheduled (tel. 269 630 600).

The documentation for both programs is available HERE.


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