List of business service fees cancelled by UAE’s ministry of Economy revealed

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Details about the business service fees either canceled or reduced by the UAE’s Ministry of Economy have now been revealed, official news agency WAM reported.

Earlier this month, the ministry announced it had waived or reduced the fees for over 100 services as part of government-led efforts to support businesses in the country.

In a list obtained by WAM, the ministry confirmed that the move covered 115 transactions and fees.

The ministry had previously revealed the details regarding the eight services for which fees have been reduced by up to 50 percent.

It has also clarified the services for which the fees have now been cancelled.

Service fees have been canceled for intellectual property, commercial agencies, trademarks, industrial licenses, auditing accounts, patent, and industrial designs, and commercial registration management, the report stated.

In total, 61 transaction fees have been canceled for the national patent program, 15 for trademarks, 14 for industrial license services, nine for commercial registration, nine for auditing accounts, five for commercial agencies, and two services for intellectual property.

The fees that have been canceled range in amount from Dhs100 to Dhs5,000.

The UAE Cabinet implemented a resolution earlier this year to reduce government fees for the services it provides to customers and businesses.

Earlier this month, the UAE’s Ministry of Human Resources and Emiratisation (MOHRE) announced fee reductions ranging from 50 per cent to 94 per cent for 145 services and 128 transactions supervised by it.

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