The Joint Ministerial Decisions (KYA) were signed, which define on the one hand the beneficiaries and the procedure for reducing or zeroing the allowance fee for the self-employed in the fields of culture and handicrafts and, on the other hand, the procedure for subsidizing them up to 5,000 euros.

As stated in a joint press release of the Ministries of Finance and Culture and Sports, the MOUs were signed by the Minister of Finance Christos Staikouras, the Deputy Minister of Finance Theodore Skylakakis, the Deputy Minister of Finance Apostolos Vesyropoulos, the Minister of Culture and Sports Lina Mendoni, the Deputy Minister of Culture and Sports Nikolas Giatromanolakis , the Minister of Development and Investments Adonis Georgiadis and the Deputy Minister of Development and Investments Ioannis Tsakiris.

This is an initiative of the Deputy Minister of Finance and responsible for fiscal policy and the Recovery Fund, Theodoros Skylakakis, and the Deputy Minister of Culture and Sports, responsible for modern culture, Nikolas Giatromanolakis, which specifically provides for the following:

– From tax year 2022, self-employed professionals active in the cultural and handicraft sectors are entitled to a 38% reduction in the annual trade fee, i.e. from 650 to 400 euros. The reduction will be made when submitting their tax return.

– Self-employed professionals, who were active in the cultural or handicraft sector and closed their books during the economic or pandemic crisis (from 1.10.2010 to 30.6.2022) are entitled to have the business tax zeroed out, as long as they have resumed their activity from 1.7.2022 or they will resume until 30.6.2023, with a main KAD cultural or handicraft.

– In addition, the first 3,100 who will proceed to restart, are entitled to a subsidy of their turnover up to 30% and with a maximum amount of 5,000 euros, through a special trust bank account.

According to the press release of the two ministries, the project is another government measure to support professionals in the cultural and creative sector and is implemented within the framework of the National Recovery and Resilience Plan “Greece 2.0”. At the same time, the cost of reducing the application fee and the subsidy cost for those professionals who already have their books open will be covered by the Regular Budget.