Dubai government will not be increasing licensing fees for companies registered with the Dubai Economic Department and the various free zones, a top official has said.
The move follows the government’s resolve to maintain stability in the fees structure to support all investors, Al Khaleej reported quoting Sami Al Qamzi, Director general of the Department of Economic Development.
An estimated 147,000 companies registered with DED and more than 20,000 companies registered with the various free zones will benefit from this move.