Dubai Waives 10% Fee on Event Tickets
- Publish date: Saturday، 25 February 2023 | Last update: since a day
- Related articles
- Abu Dhabi Waives Minimum Commission Fee on Listed Securities Trading
- UAE Students Aged 15 and Above Can Soon Apply to Work Permits
- Dubai World Cup 2022: Date – Tickets – Location
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. 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 the Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed aimed at raising Dubai’s economic competitiveness, creating a pro-growth business environment, and further raising standards across sectors.
Read More: UAE Announces New Labour Laws
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 raising the profitability of organisers of events, the new Decree provides a strong boost to the sector, which in turn will help attract more people to attend events and festivals in the city. In 2022, Dubai Business Events (DBE), the city’s official convention bureau, part of the Department of Economy and Tourism, won 232 bids for hosting global business events in Dubai.