In light of the unprecedented situation as a result of coronavirus COVID-19 and the suspension of many economic activities, the Dubai government has announced new measures to support businesses operating in free zones to help them as they face economic challenges.
The measures include rent postponement for six months for businesses, payments through easy instalments, the refund of security deposit amounts, cancellation of fines on companies and individuals and temporary contracts that allow the free movement of labour between companies operating in the free zones.
The package is applied to companies registered across free zones including Dubai Silicon Oasis Authority, Dubai Airport Free Zone Authority, Jebel Ali Free Zone, Dubai World Trade Centre, Dubai International Financial Centre, Dubai Development Authority, Dubai South, Meydan City Corporation and Dubai Multi Commodities Centre.
This initiative has been taken under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.