Bahrain: Adversely affected businesses exempt from some LMRA fees

  • Date: 13-Jul-2020
  • Source: Gulf Insider
  • Sector:Economy
  • Country:Bahrain
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Bahrain: Adversely affected businesses exempt from some LMRA fees

LMRA Bahrain

An edict was issued yesterday, exempting businesses adversely affected by the repercussions of the novel coronavirus (COVID-19) from paying some fees imposed by the Labour Market Regulatory Authority (LMRA).

The edict is in line with the decisions of the government to slash some fees imposed by LMRA on the issuance and renewal of all kinds of one-year work permits, and all monthly fees related to them by 50% for three months, starting from July.

HRH the Crown Prince's decision also stipulates that all business owners who are involved in the businesses that have been most affected by the impacts of COVID-19, as will be determined by an edict by the Deputy Premier and Chairman of the Ministerial Committee for Financial and Economic Affairs and Fiscal Balance, will be exempted from those fees for three months, beginning from July 1.

The edict issued yesterday stipulates that business owners whose businesses have been stopped completely or partially due to the pandemic impacts up to now will be exempted from the issuance or renewal of the work permits fees for the first year of the validity of their permits.

They are also exempted from paying their monthly fees for three months, starting from July 1.

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