Dubai reduce cost of doing business and living

• Suspension of 2.5% market fees, recovery of 20% of custom fees on imported products sold locally
• Cancellation of the Dh50,000 bank guarantee or cash required to exercise customs clearance activity
• 90% reduction on the fees imposed on submitting customs documents.
• Cancellation of the 25% down payment for requesting the installment of government fees for licensing and renewing licenses
• The water and electricity bills will be cut by 10% for all Dubai customers, including residential, commercial and industrial
• 50% reduction of the Municipality fee on hotel sales
• Companies will be exempted from postponement fees for tourism and sports activities in 2020

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