DIFC Announces COVID-19 Measures

The DIFC has stated over the next three months from 1 April 2020 to 30 June 2020 it will be issuing a number of financial measures to help the financial services industry operating in the centre.
The initiatives are being introduced on a conditional basis, offering businesses the opportunity to benefit from a waiver of their licensing fees on new registrations for the next three months. Businesses will also be able to take advantage of a 10% discount on renewal fees if they are an existing license holder in the DIFC if they are due to renew their licenses between 1 April – 30 June 2020. Full story

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