Bahrain: Adversely affected businesses exempt from some LMRA fees

LMRA Bahrain
- Advertisement -

An edict was issued yesterday, exempting businesses adversely affected by the repercussions of the novel coronavirus (COVID-19) from paying some fees imposed by the Labour Market Regulatory Authority (LMRA).

The edict is in line with the decisions of the government to slash some fees imposed by LMRA on the issuance and renewal of all kinds of one-year work permits, and all monthly fees related to them by 50% for three months, starting from July.

HRH the Crown Prince’s decision also stipulates that all business owners who are involved in the businesses that have been most affected by the impacts of COVID-19, as will be determined by an edict by the Deputy Premier and Chairman of the Ministerial Committee for Financial and Economic Affairs and Fiscal Balance, will be exempted from those fees for three months, beginning from July 1.

READ  Bahrain: 206 New Coronavirus Cases are of Expat Workers

The edict issued yesterday stipulates that business owners whose businesses have been stopped completely or partially due to the pandemic impacts up to now will be exempted from the issuance or renewal of the work permits fees for the first year of the validity of their permits.

They are also exempted from paying their monthly fees for three months, starting from July 1.

The sectors covered by the edict include travel and aviation, hospitality and restaurants, personal services (salons, gyms and entertainment halls), transportation and communications, rehabilitation and training (including kindergarten), retail (not including food), administrative services (public relations, media, and event organisation), in addition to local newspapers and magazines.

READ  Bahrain: Coronavirus Recovery Rate at 92.6%

Other sectors that have been affected by the impacts of COVID-19 may benefit benefit from the provisions of the edict, with the exception of financial sector institutions, telecommunications, scientific, technical and professional activities, university education and schools.

The edict requested LMRA to issue a list of exempted commercial activities in accordance with the classifications they have adopted.

Comments

- Advertisement -