Update Wage Subsidy
The Government of Aruba (GoA) recently announced that it will provide financial support to local companies that are dealing with the impact of the COVID-19 pandemic by means of a Wage Subsidy. The Wage Subsidy will go into effect for the payroll of May 2020. Going forward this Wage Subsidy initiative is to be approved by The Netherlands on a month to month basis. The financial support is granted as a subsidy, not a loan.