No rent for ‘Six’ months: UAE

No rent for 'Six' months: UAE

Dubai free zones have reported a deferment of lease installment for as long as a half year to help the neighborhood elements to defeat the Covid-19 coronavirus sway.

This activity has been reported under the mandates of His Highness Sheik Mohammed receptacle Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

The bundle incorporates deferring the installment of rents for a time of as long as a half year, encouraging monetary installments through simple portions, discounting numerous protection sums, dropping numerous fines on organizations and people, and permitting the development of work in the free zones through lasting or transitory agreements and without fines During 2020.

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