Government measures in key jurisdictions 3rd edition final - Flipbook - Page 135
United Arab Emirates
•
The
have launched a 47 points stimulus package with suggested
recommendations to support the Sharjah economy which include real
estate suggestions such as (a) resolutions may be issued relating to suspension of eviction
judgments and imprisonment rulings on all rental-related cases; (b) exemption from rent
payment for tenants in Buildings (1 and 2) of the Sharjah Chamber of Commerce and Industry for
a period of 3 months effective from 1 April 2020; (c) exemption for (a) tenants of Expo Centre
Sharjah and (b) participants in the Sharjah Centre for Export Development’s permanent national
industries exhibition, from payment of rent for a period of 3 months effective from 1 April 2020;
(d) exemption for employees of small and medium enterprises (SMEs) in 101 Trade Centre from
payment of rent until the end of 2020; (e) exemption for hotel establishments from payment of
the 5% municipal fees for a period of three months effective from 1 April 2020; (f) exemption for
hotel establishments from payment of accumulated prior violations imposed by the Sharjah
Commerce and Tourism Development Authority, during the year 2019 until 31 March 2020; (g)
suspension of all pending rental property eviction cases together with executive procedures such
as imprisonment, blocking of bank accounts, and seizure of vehicles, stocks and assets for a
period of two months; (h) deferment of all current and new cases before the rental committees
for 1 month; (i) release of 100 prisoners approximately imprisoned on rental issues and provision
of a 3 months’ period to settle overdue amounts; and (j) 50% reduction in rents for restaurants,
exchange shops, commercial shops, banks, travel agencies, car rental companies,
telecommunications companies and tourist promotion companies for a period of 3 months from
1 April 2020.
, Crown Prince of Ajman and Chairman of the
Executive Council has announced cancellation of administrative fines for all violations of real
estate registration renewals and has granted an exemption from payment of registration fees for
hotels and tourism establishments until end of 2020 and cancelled all penalties and postponed
payment of outstanding fines due until the end of 2020.
have announced that renewal of
company license shall be permitted without the need to submit a lease for the entity’s premises
for a duration of 3 months, provided that the lease is submitted within a
month from expiration of the license.
•
The
have announced that cinemas, gaming centres and stores located in
shopping malls, hotels, fitness centres, health clubs, wedding halls, and
men's and women's salons are completely exempted from payment of licensing fees
for a period of 1 year (i.e. 1 January until 31 December 2020). Furthermore, all resorts, hotels and
hotel apartments are exempted from the prescribed local tax.
•
The
have announced that all licensed establishments and
companies affected by the decision to suspend their services due to COVID 19
lockdown are exempt from certain fee payments such as fees for renewing licenses
and rental contracts, and other fees or fines incurred that are determined by the Executive
Council until further notice. Fujairah resolution No. 04 of 2020 regarding exemption from local
licensing fees and taxes for the current year.
•
Umm Al Quwain Resolution No. 3 for 2020 exempting licensed local establishments affected by
the suspension of services from fees and fines.
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