Friday, 29 May 2009

Mohammed Bin Rashid orders not to increase government fees in Dubai

Vice President and Prime Minister of UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum has ordered government departments in the emirate of Dubai not to increase any government fee. He also ordered to cut down a number of fees levied by the emirate's government by 20 to 30percentage.

The decision mirrors the Ruler's keenness for bolstering the economic competitiveness of Dubai and enhancing the governments support to the investment environment for the benefit of the community as a whole.

Based on the approval of the executive council of Dubai emirate, Sheikh Mohammed had ratified a mechanism for taxes levied for various government services as proposed by the department of finance in a just and reasonable framework. On the basis of this, Sheikh Mohammed ordered the finance department to revise various fees and tariffs levied for government services. He also ordered the finance department of the emirate to decrease certain fees which are above the required limits and not to increase any fees which are below the limits as per the mechanism.

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