Following the directives of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, the hotels and restaurants in Dubai will soon reduce the municipality fees on sales from 10 to 7 per cent.
The move to slash fee was part of efforts to provide more business facilities and enhance Dubai’s competitiveness. The ruling administration is taking firm steps to establish Dubai as a preferred destination for visitors and businesses internationally the incentive policies are aimed at making Dubai the best place in the world to do business.
“The tourism and hotel sector is a major pillar of our efforts to diversify the economy and sources of income. Its sustainability requires creating an attractive environment for tourism and investment,” said Sheikh Hamdan