EMERGENCY MEASURES - EGAP Exporter Support Package (No. 879)

In response to current world events, Export Guarantee and Insurance Company (“EGAP”) has prepared a package of measures to support all Czech exporters including small and medium-sized enterprises and sole traders.

The package includes the introduction of the Fast Track which allows priority processing of exporter’s requests that are looking for new customers due to the global pandemic COVID-19.

Other measures includes a significant reduction in fees for exporters requesting EGAP products or a shorter time required to recognize claims (insured period) - for insured loans from 6 months to 3 months and for insured guarantees from 3 months to 1 month. These measures should help resolve issues with the exporter's cash flow.

More information including how to apply for support can be found here.

Further pandemic-related tax, legal and economic information can be found on the pandemic information section of our website.

publikováno 25.03.2020
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