Thursday, 11 July 2019

#UAE reduces, cancels government services fees to attract business, investors | ZAWYA MENA Edition

UAE reduces, cancels government services fees to attract business, investors | ZAWYA MENA Edition:

The United Arab Emirates is reducing or cancelling a range of federal government fees to ease the cost of doing business and increase the country’s appeal to investors.

A statement issued by the Ministry of Finance on Thursday stated that the cabinet had issued a decision to cancel or reduce certain charges on around 1,500 federal services for three ministries by up to 50 per cent. The reductions take effect from this month, the statement said.

Some 1,200 fees have been reduced or cancelled at the Ministry of Interior, 80 at the Ministry of Economy, and 200 at the Ministry of Human Resources and Emiratisation.

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