Hi, I have been reading articles 83 and 84 as I am interested in knowing more about administrative fines for lack of compliance with GDPR. If a company does not have a positive turnover, can it still be sanctioned?
Yes, the company will be sanctioned for non-compliance.
Article 83 and 84 GDPR refer to administrative fines up to 10 000 000 Euro or 20 000 000 or to the 2% or 4% of the annual turnover of the preceding financial year, whichever is higher. Therefore, depending on the infringement, administrative fines will be calculated. In the case of negative turnover, the consequences on the company may vary from State to State depending on the internal procedural law. A sanction issued by the Supervisory Authority is considered as debt that may lead to bankruptcy.