Grant Thornton Bahrain

Insights into IFRS 16

Lease Incentives

Granting lease incentives is a common way to encourage a new lessee to sign up to a new lease contract and fill vacant premises. Lease incentives may take various forms depending on the negotiation between the lessee and the lessor. There can be many accounting complications as witnessed during 2020 with the COVID-19 pandemic has had on lease arrangements.

Contact our Partners Yaser Abbas Salman or Shaz Khan on how to identify a lease incentive and relevant accounting treatment in line with IFRS 16 and best practices.  

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