Publication
UAE: Overview of Free Zones’ Economic Relief Packages in Times of COVID-19
When COVID-19 hit the UAE in late January 2020, most businesses hoped that the restrictive measures implemented by the UAE government and especially by the government in Dubai would be temporary and at most continue only for a few weeks. However, the reality is that COVID-19 is causing a worldwide recession with almost all major economies impacted by the pandemic. Businesses in the UAE now have to find and implement measures to ensure the continuity of the operations as well as a steady and secured cash flow. In this legal briefing we take a look at relief measures implemented by UAE free zones.