The President of Ajman Free Zone has announced eight new incentives designed to support existing and new companies in the free zone during the second half of 2020. The incentives will include a wide range of deductions and exemptions. The incentives include a full exemption for returned cheques fines, cheques replacement fines, license renewal fees, and a 100% exemption on fees to guarantee participation in smart services. During the second half of the year existing and new companies in the free zone will also have the opportunity to benefit from a wide range of flexible instalments plans for a period of three months when renting a business centre, and flexible instalments for a period of six months when renting offices, executive offices or warehouses, and a 25% discount on workers’ housing fees.