Benefit for older discontinued entrepreneurs
The income provision for elderly and partially disabled self-employed persons (IOAZ) is a benefit for elderly and partially disabled self-employed persons. If you have to quit your business due to a too low income. Apply for the IOAZ to the municipality before you stop your business.
Approach
Make your application no more than 1.5 years before you stop your business. You will receive the benefit from the date you stop.
This is how you apply for the IOAZ benefit:
- Contact the municipality.
- You will need:
- your valid ID
- proof of your living situation
- bank statements from the past period
- your accounts for the last 3 years