Compensation and one-time allowances for providers of classified accommodation

All classified accommodation providers must meet the following general requirements:

• If the application is submitted by a legal entity, the main activity code specified in the statistical register of economic entities of statistics of Lithuania must be assigned to group 55.1 of the Classification of economic activities (CEA, rev. 2) “Activities of hotels and similar temporary accommodation”.
• At the time of application, no insolvency proceedings have been initiated against it, and (or) it is not being restructured when the application is submitted by a legal person, or it is not the subject of bankruptcy proceedings against an individual where the application is made by the individual.
• The classified accommodation service provider in the Republic of Lithuania has not received illegal aid, which was declared illegal and incompatible with the internal market by the decision of the European Commission, or has compensated the full amount thereof, including interest, under the procedure established by law.
• The classified accommodation service provider or the group of companies, to which the accommodation provider belongs, were not considered to be in difficulty on December 31, 2019, or were in difficulty on December 31, 2019, but are not considered to be in difficulty at the time of application.
• At the time of application, it meets the minimum criteria for reliable taxpayers set out in article 401 of the Law on tax administration of the Republic of Lithuania.
• It provides classified accommodation services at the facility specified in the application at the time of application.
• Before the decision on granting compensation to the provider of classified accommodation services, as defined in the Law on the prevention of money laundering and terrorist financing of the Republic of Lithuania, no international sanctions have been applied under article 9 of the Law on the implementation of economic and other international sanctions of the Republic of Lithuania, and they are not included in the published lists of sanctions specified on the website of the Ministry of foreign affairs of the Republic of Lithuania www.urm.lt and (or) in the public list of foreigners who are prohibited from entering the Republic of Lithuania published on the website of the Migration Department under the Ministry of the interior of the Republic of Lithuania www.migracija.lt. 

The maximum possible amount of compensation for one facility is EUR 50,000. Compensation is given only once for one facility.

The total amount of state aid granted to one provider of classified accommodation services and persons related to it may not exceed EUR 2.3 million.

INVEGA, after evaluating the submitted application, shall determine the amount of compensation by summing up the possible amounts of compensation for all business entities, for which a decision to grant compensation may be made. If the result obtained exceeds the amount granted for compensation (i.e., EUR 3,400,000), the amount of compensation granted shall be reduced by an equal percentage so that the total amount of compensation granted for compensation does not exceed the amount allocated for compensation. The amount of compensation awarded shall be rounded to the nearest 1 Eur (one euro) according to mathematical rounding rules. INVEGA, having conducted the established calculation, shall prepare a recommendation to the Ministry of economics and innovation regarding the granting or non-granting of compensation to the relevant provider of classified accommodation services.

INVEGA will randomly inspect at least ten percent of the classified accommodation providers, for which a positive decision has been made. The inspections will be conducted under the procedure approved by the General Director of INVEGA.

Applications can be submitted until May 16, 2022, inclusive.

Multiple applications may be submitted, but compensation is granted only once for one facility.