Dubai DED exempt companies operating in Dubai from fines stemming from late license renewals.

Dubai DED exempt companies operating in Dubai from fines stemming from late license renewals.

Dubai DED exempt companies operating in Dubai from fines stemming from late license renewals.

Great news for business owners in Dubai,

The Dubai Department of Economic Development (DED) has announced the Decree No 20 of 2018, issued by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, this Decree will exempt companies operating in Dubai from fines stemming from late license renewals.

Therefore, it’s a great chance for business owners who are having an old trade license not renewed for a long period of time to correct the situation and renew it immediately to avoid any penalties or extra fees before the end of 2018.