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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.  




This article is solely to provide useful information to the readers. Views expressed are personal and they do not necessarily reflect the views of the Company and further, the views are not binding on any person. The author and publisher are not offering it as legal, accounting, or other professional service advice.