Exemption of establishments from violations resulting from them during the closure period
Ruler of Ras Al Khaimah directs to exempt some commercial activities from renewal fees
The Department of Economic Development in the emirate was directed to implement exemptions from the source
His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, has directed to exempt some commercial activities that have been affected by the closure, due to precautionary measures during the crisis of the spread of the new Corona virus (Covid-19), with varying rates of annual renewal fees, with an exemption All of these establishments from the violations resulting from them during the closure period.
The latest directives come within the framework of His Highness' continuous follow-up of the progress of work in various vital economic sectors, mitigating the economic effects of the Corona crisis, and ensuring that the emirate’s economy continues to achieve the best performance rates and maintain its competitiveness in all fields.
The directives of His Highness also support the endeavors of the Ras Al Khaimah government to ensure that basic commercial activities in all parts of the emirate operate to their full potential, in order to ensure business continuity, and to provide services at the highest levels of quality and efficiency to all members of the public without being affected at all times.
His Highness Sheikh Saud bin Saqr Al Qasimi, the Department of Economic Development in the emirate, directed that nurseries be exempted from the commercial license renewal fees by 50%, and the establishments that were closed as a result of their work in places that were approved as places for quarantine by 25%, as well as establishments operating in Ras Al Khaimah Airport Which does not have branches outside the airport and was closed by 50%, while benefiting from this exemption for a year.
His Highness's directive included exempting all these facilities from any violations that resulted from them during the closure period.
The exemption decisions are in the interest of supporting the stability of the business community in the emirate, preserving the stability of the economic landscape closely related to the investment sector, which in turn is witnessing a boom in all parts of the emirate, as well as encouraging the flow of more foreign investments into the Ras Al Khaimah market, due to its flexibility and high competitiveness. And huge economic potential.
25%
Exemption for establishments that were closed as a result of converting their headquarters to quarantine.
50%
Exemption for establishments at Ras Al Khaimah Airport that do not have other branches outside it.
50%
Exemption for nurseries from commercial license renewal fees.