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Key Points

  • Licensing fee exemption for small and medium enterprises extended

Overview

The United Arab Emirates (UAE) government will extend the previous five-year exemption to operating licensing fees for small and medium enterprises (SMEs) by two more years in Dubai. This means SMEs will not be required to pay operating license fees for seven years.

What are the Changes

SMEs will not be required to pay licensing fees for seven years to restimulate economic activity in Dubai.

Looking Ahead

Continue to check the government of the UAE’s website for additional information and updates.

Source: Emirates News Agency

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