DUBAI FDI ECOSYSTEM
Stimulating the Business Environment to Address COVID-19 Virus Effects
UAE Ministry of Economy is now offering updates about COVID-19, best practices for doing businesses in times of crises COVID-19, insights about UAE’s investment environment, incentives granted for businesses in the UAE, information about FDI law, Coronavirus Reports & Summaries Regarding Investments, and a direct communication with MOE’s Investment Department
Source: Ministry of Economy
Category: COVID-19 FDI Incentives FDI Regulations
01 Jun 2020
Dubai Customs cancels fines for late Customs Representative Card renewal/cancellation
The decision will help in promoting economic growth in the UAE, and supporting businesses by mitigating the impact of covid19 on their activities
Source: Dubai Customs
Category: COVID-19 FDI Incentives
30 May 2020
Ministry of Finance announces three new decisions for federal entities to reduce fees, and provide incentives to investors and companies operating in the country
The decisions are part of the ministry’s efforts to boost the national economy and stimulate the country's business environment.
Source: WAM
Category: COVID-19 FDI Incentives
20 May 2020
Dubai SME allocates AED 20 million to guarantee capital for SMEs through The Fund & Beehive partnership
The guarantee pool will enable more SMEs and investors to leverage financial technology to support business continuity and growth while also stimulating economic growth.
Source: Dubai SME
Category: COVID-19 FDI Incentives
17 May 2020
33,874 licences renewed through ‘Auto Renewal’ service, says Dubai Economy
The economic stimulus package launched by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council on the 12th of March 2020 to support business continuity in the emirate has made the process of renewing, as well as obtaining, a licence easier.
Source: Dubai Economy
Category: COVID-19 FDI Incentives
11 May 2020
Dubai Silicon Oasis Authority Announces Additional Incentives, Exemption Packages for Business Partners
The new package includes waiving both an AED12,000 license fee and AED6,900 registration package for new clients for the first year until end of June 2020; the new client registration package includes a one-time registration fee, shareholder resolution fee, specimen signature fee, trade name reservation fee, memorandum of articles and association. DSOA will also provide a one-month grace period for new companies.
Source: Dubai Media Office
Category: COVID-19 FDI Incentives
04 May 2020
DHCA announces business relief package with focus on directly-impacted
DHCA's Relief Package benefits various business segments in the free zone, and considers three broad components
Source: Dubai Healthcare City Authority
Category: COVID-19 FDI Incentives
03 May 2020
Dubai South announces economic stimulus package to support its business community in 2020
This announcement is part of Dubai South Free Zone’s unwavering commitment to foster a business-friendly environment and meet the needs of its valued customers
Source: WAM
Category: COVID-19 FDI Incentives
02 May 2020
DMCC to Boost Ease of Doing Business and Increase Employee Protection
New insurance programme follows DMCC’s announcement of a range of economic initiatives to support new and existing members
Source: DMCC
Category: COVID-19 FDI Incentives
27 Apr 2020
Dubai Economy reduces market fee for instant license from Dh3,000 to Dh250
The instant license enables business owners to obtain their commercial licenses in one step, and within five minutes
Source: Dubai Economy
Category: COVID-19 FDI Incentives