Eight new economic incentives have been announced for companies registered with Ajman Free Zone.
The stimulus package, which includes significant fee discounts and penalty waivers, is valid until the end of this year.
No fines will be imposed on non-renewal of licences as well as on bounced cheques and cheque replacements.
Firms can also look forward to flexible payment plans while leasing business centres, offices or warehouses, in addition to discounts on company registration and on labour accommodation.
More than 9,000 existing and new customers are expected to benefit from the latest package which is aimed at ensuring business continuity amid the pandemic.
French air traffic controllers' walkout disrupts early summer travel
Non-oil sector fuels 3.4% GDP growth in Abu Dhabi
Dubai launches initiative to assist first-time home buyers
Archer Aviation conducts electric flying taxi test flight in Abu Dhabi
US, India push for trade pact after Trump strikes deal with Vietnam
