Economic Stimulus Package by DIFC (2.0)
On 7 Apr 20, the DIFC’s Dubai Financial Services Authority (DFSA) announced a set of initiatives aimed at providing significant assistance and relief to the wider DIFC financial services regime amidst COVID-19 pandemic.
Whom do they apply?
These incentives apply to new firms planning to operate in DIFC and existing businesses operating in DIFC.
How long is the incentive period?
The incentive is effective until 31 Dec 20.
What’s the incentive?
The incentive includes:
What were the previously issued incentives?
On 31 Mar 20, the DIFC launched support measures for existing registered businesses.