No Match Found
There is no area of law that has changed as rapidly as state aid law. In short, the thrust of state aid law is that it is forbidden for governments to support companies, unless there is an exception. Broadly speaking, such an exception exists if the proposed aid serves the public interest. State aid can take many forms and is not limited to subsidies. Other examples are e.g. tax exemptions, selling municipal land to soccer clubs below market price or providing loans and guarantees by governments.
On 12 January 2020, Allard Knook, Martijn Koopal and Wouter Amersfoort spoke during a PwC webcast on 'State aid and the increasing need for cooperation between government and industry'. During this webcast, Allard Knook discussed the latest developments, since the outbreak of the coronavirus, regarding the European and Dutch state aid. Allard Knook spoke, among other things, about the question under which conditions aid can be obtained and how over the months these conditions have been extended and in some cases relaxed. Wouter Amersfoort spoke about hybrid government. This is the trend that shows that public and private entities are growing towards each other and working together to shape social change. Martijn Koopal discussed whether and to what extent the new relationship between government and business affects the way businesses are run. You can watch the webcast on the right. The slides are also available for download.
PwC can help you navigate the state aid landscape and regulations. With our experts, you are assured of the latest insights on state aid. Thanks to our global network, we can also work with you locally. We can assist you in areas such as:
With our deep knowledge of various sectors, we can help governments within a very short time frame to shape the instruments needed to provide the right assistance. In doing so, we ensure both effectiveness and legality, whether it concerns government loans, guarantees, specific compensation schemes or other financial measures.
We help companies and sectors to access support measures, precisely because we are often involved in their design.
PwC has the largest state aid section within the Netherlands. The national state aid network, which brings academic knowledge and expertise with practicing lawyers together, is housed within this section. The national state aid network originated from the Utrecht law department. Within PwC's European network, all state aid expertise has been brought together in the State Aid Centre of Excellence.