Tax Exemptions Announced

Fujairah’s Ruler has issued a Decision approving exempting companies from local licensing fees and taxes from 1 January to 31 December 2020. Under Fujairah Decision No. 4/2020, commercial activities which were suspended because of Coronavirus will be exempt from the annual fees. Among others, licensing fees for professionals in popular markets, Friday markets, meat and poultry stores, tailors, cinemas, gaming centres and stores in shopping malls, hotels, fitness centres, health clubs, wedding halls, and men’s and women’s salons will be waived. In addition, resorts, hotels and hotel apartments will be exempt from local tax. The Ruler has instructed all of the relevant departments to implement the Decision immediately. Histoire complète

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