Dubai SMEs to get licensing fee exemptions
As part of an agreement signed between two government bodies, SME’s in Dubai will be offered licence fee exemptions as well as discounts on visa issuing fees.
Dubai Creative Clusters Authority (DCAA), a freezone governmental authority in the emirate, and Dubai SME signed an agreement to in order to support entrepreneurs and enhance the capabilities. Dubai SME is the Dubai Department of Economic Development agency tasked with growing SMEs in the UAE.
Under the agreement, companies registered with Dubai SME and entrepreneurs will be exempt from licensing fees for five years if they are registered within the DCCA jurisdiction, according to an emailed statement.
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