Temporary bridging scheme for self-employed entrepreneurs (Tozo)

THE MAIN OUTLINES OF THE TOZO SCHEME ARE AS FOLLOWS:

• The Tozo scheme offers support to self-employed entrepreneurs, including self-employed persons without personnel;
• The income support is a supplement to income up to the social minimum (social assistance benefit level);
• A minimum age of 18 applies;
• The self-employed person must live in the Netherlands and run their business in the Netherlands;
• The company is registered in the Commercial Register of the Chamber of Commerce and must have been started prior to 17 March 2020, 7:45 pm and meet the hour criterion, i.e. a minimum of 1,225 hours annually working in the company's own enterprise or independent profession (on average 24 hours per week);
• The entrepreneur must submit the Tozo application to the municipality where they live;
• Municipalities strive to decide as much as possible within 4 weeks of receiving your application. Municipalities may also pay an advance;
• The loan for operating capital is capped at € 10,157;
  • Deferred repayments are possible.
  • Interest will be due, but it will be lower than usual.
• The scheme has a retroactive effect to 1 March 2020;