Dubai Silicon Oasis Authority has allocated a set of additional exemptions and incentives for the business sector, in conjunction with the decision to open shopping centers and commercial stores, and announce the plans for the gradual opening of a number of economic sectors in Dubai and the country, and after the first package of exemptions applied by the Oasis Authority achieved positive feedback, welcoming Widely used by partners and stakeholders.
According to a statement issued yesterday, the new incentives package from Dubai Silicon Oasis includes the exemption of new customers, until the end of June 2020, from commercial license fees, which amount to 12 thousand dirhams, and fees for the registration package amounting to 6900 dirhams, which includes one-time registration fees, and fees Shareholders ’approval, fees for registration of accredited signatures, establishment contract fees, and trade name reservation fees.
The new package was also given an additional month without rent for the new companies.
Vice President and CEO of Dubai Silicon Oasis Authority, Dr. Mohammed Al Zarouni said: “In light of the positive resonance achieved by the previous exemptions and incentives package, which was approved by the Dubai Silicon Oasis Authority to support the business sectors in the oasis, we worked to approve an additional package of exemptions and incentives, in conjunction with a decision Dubai government opens centers and shops.
He added that «the strategic partnership relationship with our partners from various business sectors, which is based in Dubai Silicon Oasis, has been firmly established and strengthened recently, thanks to the continuous coordination to unify efforts in facing the challenge (Covid-19), and foresee different business strategies for the next.
It is noteworthy that the Dubai Silicon Oasis Authority approved, last March, a package of incentive measures for startups that are based at the Dubai Technology Center for Entrepreneurship «Detec» as a business.