PPG
News & Updates

Dubai City Healthcare Authority (DCHA) Update:

The Freezone has announced business relief incentives for companies within the zone.

- Rent waivers for up to three months, deferred rental payments, discounts on selected services provided by the Authority
- F&B outlets within the freezone will receive three months free rent
- Waiver of admin fees on all DCHA properties
- Business directly impacted by the coronavirus will receive up to 100% of discounts in commercial and clinical licensing fees
- Additional discounts have been given to establishments operating within DCHA

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The new dates for Dubai Expo 2020 are on the verge of being confirmed. New dates will be 1st October 2021 – 31st March 2022.

This is to be approved by the Bureau International des Expositions (BIE) in Paris, with the change of dates having already surpassed the required two-thirds threshold today.

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The Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) and the Burj Khalifa and have collaborated to launch the ‘The Worlds Tallest Donation Box’ to allow companies and the public to buy one of the 1.2 million lights on the Burj Khalifa.

Each light can be purchased for AED10 per light from www.tallestdonationbox.com and one meal is provided per light for someone in need. The initiative aims to ignite the 1.2 million lights on the world’s tallest building, reflecting social solidarity and cohesion of the UAE’s diverse society to bring much-needed relief to coronavirus-hit communities across the country. Great initiative.

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ADGM has announced a number of initiatives to help support businesses within the Freezone at the current time.

The new incentives announced:

Until the 31st December 2020 a 50% reduction on incorporation fees will be given to limited liability partnerships, including branches

Companies moving into the Freezone will be given a 100% reduction on continuation fees

The deadline of 9 months to submit annual accounts is to be extended for a further 3 months

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