Ras Al Khaimah has given exemption for certain commercial activities that was affected by lockdown and other precautionary measures by giving a good reduction in the trade license renewal fees. They will also get full exemption from fines incurred during the lockdown.
The new directives have taken measures to ensure the continuity of business in all the economic sectors and ease the burden on business. This ensures Ras Al Khaimah’s economy “continues to record significant performance,” according to a statement.
Nurseries will get a 50 per cent exemption from their annual trade license renewal fees. In addition, establishments that closed to allow their facilities to be used for quarantine purposes will benefit from a 25 per cent exemption, while facilities located at Ras Al Khaimah International Airport that had no alternative locations to divert operations will benefit from a 50 per cent exemption on license renewal fees.
These exemptions will be in place for a year, in addition to full exemptions being granted from penalties for violations incurred during lockdown.
For trade license renewal in RAK you can contact us at +971 43 215 228 for professional services. We are always happy to serve you.