Fujairah - Various stimulus packages have been announced in UAE to fight the effects of Covid-19.
Published: Thu 30 Apr 2020, 3:50 PM
Updated: Thu 30 Apr 2020, 6:35 PM
His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, has issued decision number 4 for year 2020 to exempt businesses and commercial establishments from paying taxes for the current year.
Also read: UAQ cancels commercial fines, announces 50% on fees
According to the Resolution's first article: 'Some activities shall be exempted for a year, starting from January 1 to December 31, 2020, from licencing fees, such as professions in the popular market, Friday market, meat and poultry stores, tailors, cinemas, gaming centres and stores located in shopping malls, hotels, fitness centres, health clubs, wedding halls, and men's and women's salons.
The Resolution's second article stipulated that resorts, hotels, and hotel apartments shall be exempted from the prescribed local tax.
The Ruler directed all concerned departments to work on implementing the decision immediately.
For more details on the taxes, read this.
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