Dubai’s effort to reduce the cost of doing business and enhance the emirate’s attractiveness as a preferred investment destination, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, ordered to reduce the municipality fees on sales at restaurants & hotels from 10 to 7 percent.
- A 3% reduction of fees on the sale value for hotel facilities and restaurants in Dubai.
- Reducing the cost of business to attract new investments.
- Sustainability to create an attractive environment for tourism and investment.
- Providing more business facilities to enhance Dubai’s competitiveness under a policy that ensures the growth of partnership between the public and private sectors