Dubai South extends Covid-19 relief package for businesses

Dubai South extends Covid-19 relief package for businesses

Admin 16 hours ago Local News

DUBAI / WAM

In line with the UAE government's commitment to support the business community, Dubai South has announced the extension of its incentive package for Business Park and Business Centre clients until the end of the year. The move aims to help companies navigate the challenges posed by the Covid-19 pandemic and ensure business continuity during the recovery period. The stimulus package offers a 50 percent reduction in Business Centre set up fee, as well as 50 percent reduction on license fee for new company formation and renewals at the Business Park and Business Centre. These reductions are available to those who submit their applications after July 26. HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Aviation City Corporation and President of the Dubai Civil Aviation Authority (DCAA) said: "This extension complements the recent stimulus package announced by the government and its ongoing efforts to help businesses adjust to the new normal. The stimulus package is in line Dubai South's strategic goals to strengthen Dubai's economy by supporting businesses as well as empower new investors to enter the market. It is our responsibility to support our existing clients and companies who are trying