Coronavirus Pandemic
Logo
 

Covid: Freeze on Dubai Govt fees extended till 2023

Web Report/Dubai
Filed on March 9, 2021

Government fees will not be hiked, nor will new fees be introduced.

A freeze on government service fees in place in Dubai has been extended till 2023. Apart from the extension of the freeze, no new fees will be imposed, except when introducing "new vital services".

DON'T MISS: Dubai's five economic stimulus packages worth Dh7.1 billion

The three-year freeze announced in March 2018 will continue to be in place. The decision will help ensure economic and social stability as the world reels under the impact of Covid-19.

The move is in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, issued the decision on Tuesday to strengthen the Emirate's competitiveness, attract entrepreneurs and investors, and keep pace with market trends.

The Crown Prince said the move helps raise the resilience of Dubai’s businesses and eases any financial challenges they may have due to the prevailing situation.

The decision also demonstrates Dubai government’s flexibility and agility in dealing with a "shifting global socio-economic landscape".

The move complements the five economic stimulus packages launched by the Dubai Government since March 2020 with the aim of helping businesses tide over the repercussions of the pandemic.

The wide-ranging support measures worth Dh7.1 billion ensured that the short-term impact of Covid-19 did not translate into long-term economic challenges.





ERROR: Macro /ads/dfp-ad-article-new is missing!
MORE FROM Coronavirus Pandemic
MORE FROM Khaleej Times
CurrentRequestUnmodified: /apps/pbcs.dll/article?avis=KT&date=20210325&category=ARTICLE&lopenr=210329388&Ref=AR&profile=1913 macro_action: article, macro_profile: , macro_adspot:
 
 
 
 
KT App Download
khaleejtimes app

All new KT app
is available
for download:

khaleejtimes - android khaleejtimes - ios khaleejtimes - HUAWEI AppGallery