In January 2021 a total of 1453 companies have received a salary subsidy

ORANJESTAD - Since the beginning of the economic crisis caused by the Covid-19 pandemic the Government of Aruba has been offering financial support in the form of salary subsidy, to businesses to be able to survive the crisis.

Ad Salary Subsidy January 2021Since May 2020, companies eligible for the salary subsidy received monthly notifications from the SVb and given time to apply for this financial support to help cover a maximum of 60% of the wages of each of their employee. The objective of this financial support during the crisis is to keep as many of their employees employed which is beneficial for the economy of Aruba. In January 2021, 1453 companies received this support, covering the payroll of 18786 employees. This financial support totaled 25.6 million florins in January 2021.

In 2020, this support totaled 271.7 million florins in salary subsidy while a sum of 280 million florins was reserved for this aid in 2021. Companies who have questions about the salary subsidy can contact the SVb using MiSVB on www.svbaruba.org. In case of objection, please send this to bezwaarloonsubsidie@svbaruba.org. Employees seeking more information can approach their employer with the request to see the details of the salary subsidy part regarding the employee. This is one of the conditions set to receive the salary subsidy as indicated in article 6 paragraph “h” of the Ministerial Decree by the Minister of Finance, Economic Affairs, and Culture signed on May 13 2020 number 681/20. To report any abuse related to the Salary Subsidy, please send an email to supervision@svbaruba.org.

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