Tag Archives: no 10% fee

In his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. (5) of 2023 amending some provisions of Decree No. 25 of 2013 pertaining to the eLicensing and eTicketing System for events in Dubai. Under the provisions of Decree No. (5) of 2023, Dubai’s Department of Economy and Tourism has waived the collection of 10% of the actual or estimated value of a ticket sold, or up to AED10 per guest, as stipulated in the previous Decree. However, it will continue to levy the fees for the annual subscription to the E-Permit and E-Ticketing system. The new Decree is one of a series resolutions issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum aimed at raising Dubai’s economic competitiveness, creating a pro-growth business environment, and further raising standards across sectors. Recently, His Highness issued a resolution to establish new corporations affiliated with Dubai’s Department of Economy and Tourism to enhance key economic growth drivers including business attractiveness, development initiatives, ease of doing business, consumer protection and sectoral governance. By helping enhance Dubai’s position as an international events destination, the move supports the objective of the Dubai Economic Agenda D33 to consolidate the emirate’s position as one of the world’s top three cities and the leadership’s vision to transform Dubai into the globe’s best city to live, visit and work. The new Decree is part of Dubai’s initiatives to constantly enhance its legislative and regulatory frameworks to improve its economic capabilities and competitiveness. It is also aligned with the emirate’s efforts to provide various incentives to strengthen Dubai’s economic ecosystem and enhance growth. Ahmed …

Read More »