Gouvernement Princier de Monaco
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News of theme "Coronavirus (Covid-19)"
19 July 2021 Press release

COVID-19: Extension of the CTTR until 30 September 2021

The Prince's Government, in consultation with the National Council and social partners, has decided to extend the Strenghtened provisions for total temporary layoff (CTTR) until 30 September 2021 and maintain support for economic recovery during the summer period.

During this period, the rules applicable to the CTTR have been slightly modified.

Specifically, Annex A businesses will now have to demonstrate a 20% loss of turnover in relation to reference periods in 2019. Annex B businesses will have to demonstrate a 30% loss of turnover, in relation to 2019 reference periods too.

For the months of August and September 2021, the remaining amount to be paid by the employer increases from 20% to 30%.

Companies that are completely closed by Government decision will have a 20% remaining charge.

Through these measures, the Prince's Government is continuing its commitment to supporting jobs and businesses.

Further information is available on the website www.covid19.mc in the "Professionals" section.

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