Capitalisation of unemployment benefits means receiving as a lump sum either all or some – depending on the type – of a person’s contribution-based unemployment benefit.

It is aimed at people wishing to start up a new activity as self-employed individuals and who want to either establish a stable business as working members of new or existing cooperatives or employee-owned companies or use the amount received to make a contribution to the share capital of a commercial company that is either new or was created no more than twelve months before the contribution.

Summary: 

1. What is capitalisation of unemployment benefits?
2. Requirements
3. Who is eligible and how can they benefit from it?
4. Starting an economic activity while in receipt of unemployment benefit
5. Application documents and procedures
6. Further information