NewsCase StudiesEvents

Dubai to Reduce Business Licenses By 30%

Also in the news...

Foreign travel advice Georgia

Warnings and insurance Still current at: 16 May 2024 Updated: 16 May 2024 Latest update: Information on the political situation across Georgia ('Safety and security' page).

How to market and package ecommerce products for maximum impact

To market and package your ecommerce products for maximum impact, start by understanding your target audience's demographics, passions, and daily struggles. Tailor your product descriptions and packaging to resonate with their identity, making them feel like part of a community.

Foreign travel advice Norway

Warnings and insurance Still current at: 13 May 2024 Updated: 13 May 2024 Latest update: This travel advice was reviewed for style and accuracy.

Guidance Living in Austria

Information for British citizens moving to or living in Austria, including guidance on residency, healthcare and driving.

Foreign travel advice Sweden

Warnings and insurance Still current at: 13 May 2024 Updated: 13 May 2024 Latest update: Removal of information about Eurovision Song Contest ('Warnings and insurance' and 'Safety and security' pages).

Dubai to Reduce Business Licenses By 30%

Back to News

Sheikh Mohammed bin Rashid issued the act to fortify continued government support for the investment environment.

The government of Dubai has cut business licensing fees by up to a third and has frozen other government charges in a bid to stimulate economic activity.

The Emirates news agency reported that Dubai ruler and UAE vice president Sheikh Mohammed bin Rashid issued the act to fortify continued government support for the investment environment.

This includes fees levied by the government for administrative or economic services even if the costs of these services are higher than the market rate, it continued.

The government departments will also strive to provide all facilities to those who pay the fees, by way of receiving some of those fees on instalments.

Business fees will be slashed by 20 30 per cent over a range of activity, such as trade and professional licenses, property ownership certificates, tenancy termination contracts,building transfer (into hotels or apartment, for instance) and other changes to commercial property.

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.