Limited proposals contrast sharply with government's broad push
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Dubai Customs has exempted companies from fines for late Customs Representative Card renewal/cancellation as of May 5 to June 30, 2020 as part of its efforts to facilitate trade and support businesses.
This came in response to the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, which were endorsed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and chairman of the executive council.
The decree exempts businesses from late fines related to any government service in Dubai as part of government efforts to boost the national economy, and reduce costs on business owners.
Dubai Customs decision has been endorsed by Dubai Government's Finance Department, which will help in promoting economic growth in the UAE, and supporting businesses by mitigating the impact of Covid-19 on their activities.
"Dubai Customs responded quickly to the outbreak of Covid-19 with a number of programs and procedures to not only curb the virus but also facilitate trade and increase the country's competitiveness on the global scale," said Abdullah Mohammed Al Khaja, Executive Director of Customer Management Division. "Exempting companies from fines for late Customs Representative Card renewal/cancellation will leave them with more cash, and will help mitigate the economic slowdown due to the outbreak of coronavirus."
Mohammed Ibrahim Al Hashmi, Director of Financial Department at Dubai Customs thanked the Department of Finance - Dubai Government for their endorsement and approval of Dubai Customs' decision of exempting companies from fines for late Customs Representative Card renewal/cancellation as of May 5 to June 30, 2020.
"This reflects a unified and harmonious team spirit within the government facing the current circumstances and elevating Dubai as a world hub for trade and investment" said Al Hashmi.
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