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UAE Ruler Reduces Certain Commercial Fees And Exempt Fines For Businesses

The ruler of Ras Al Khaimah, Sheikh Saud bin Saqr Al Qasimi, has recently ordered to reduce the trade license renewal fees and full exemption from fines incurred by certain establishments during the lockdown period.

The ruler directed Ras Al Khaimah Department of Economic Development (RAKDED) to offer nurseries a 50 percent exemption from their annual trade license renewal fees.

The exemption will be available for a year.


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