Advice on refunds and inspection of PAEF, PARO, PAP and MICRO  – UGPP

The Formal Employment Support Program (PAEF) was created by the National Government to support payroll payments during the pandemic. Thousands of companies accessed this  PAEF subsidy, but many are currently facing PAEF audits by the UGPP, which requests the return of the PAEF plus interest and penalties.

At Lara y López Abogados y Consultores ,we specialize in PAEF advice and assist employers throughout the entire legal and financial defense process before the UGPP.

Why is the UGPP demanding the return of the PAEF?

The UGPP is reviewing the requirements for the PAEF benefit :

• Decrease in revenue of 20% or more.
• Payroll payment to reported workers.
• Payment of the service premium in the case of PAP.

If the UGPP identifies inconsistencies in your PAEF subsidy , it may demand  restitution of the PAEF received and charge late payment interest at the usury rate.

In addition, the audit includes the uploading of PAEF information to  the Storm (Data-Q) platform , a process that must be carried out technically and with valid accounting support.

Common problems with the PAEF

• Requirements for alleged non-compliance with the PAEF          requirements .
•          Notifications from the UGPP demanding the return of PAEF .
•          Difficulties in uploading information to Storm – Data-Q PAEF .
•          Interest and penalties that increase every day if you don't respond in time.

The PAEF subsidy can become a risk if you don't have expert advice.

Our support in the PAEF includes:

• Legal and financial analysis of the PAEF to verify requirements.
• Preparation of defenses before the UGPP for the PAEF subsidy .
• Preparation of financial reports for PAEF audit .
• Uploading PAEF information to Storm – Data-Q , with the required documentation.
• Advice on PAEF restitution via PSE if applicable.
• Legal representation in sanctioning processes related to the PAEF benefit .

Why choose us as your allies in the PAEF

•          Specialists in UGPP and PAEF auditing.
•          Multidisciplinary team: lawyers and financial consultants experts in the PAEF subsidy .
•          Experience in defending companies that received the PAEF benefit .
•          Comprehensive support in the analysis, defense, and uploading of PAEF information
•          a Storm .
•          Customized strategies to reduce risks and avoid penalties.

Urgency: Respond in time at the PAEF

The UGPP sets specific deadlines for responding to PAEF requests: one month. Failure to comply with Storm's requirements or respond within the established timeframe may result in higher interest rates and penalties on the PAEF subsidy received.

Every day you're late increases your PAEF debt . Don't wait until it's too late.

GET A QUOTE HERE NOW!!