Motei & Associates

Motei & Associates - Law Firm in Dubai

Motei & Associates – the go-to legal consultants in Dubai that cuts through legal complexities and delivers effective advocacies.

Damac Executive Heights - Office 801
Dubai
United Arab Emirates

Tel:+971 4 435 5959

Email:contact@motei.com

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50% reduction on commercial fines in Dubai | Latest News in Dubai, UAE
50% reduction on commercial fines in Dubai
January 6, 2019

The Commercial Compliance & Consumer Department (CCCP) of the Department of Economic Development (DED) has recently announced a 50% reduction on commercial fines. This is in line with the declaration of 2019 as the Year of Tolerance and to represent DED’s efforts to enhance ease of carrying out business in Dubai.

Earlier, where a trader wished to have a reduction in fines and penalties, they had to apply for a settlement. However, this new facility for reduction of 50% of commercial fines, is an automatic facility. Where a trader incurs fine as a result of first violation in a calendar year, the trader shall receive a text message with an automatic reduction of 50% on the fine.

DED received more than 4,650 fine settlements requests in 2017 and 2018. Hence, to provide ease of business and more flexibility, this facility shall adjust fines automatically.

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For Initial Consultation Meeting,
Telephone: +971 4 435 5959
Fax: +971 4 435 5858
Skype: motei.office

Damac Executive Heights (TECOM)
Office No. 801, 8th Floor
P.O. Box: 112888
Dubai, UAE

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  • The Legal 500
  • Judicare
  • Egyptian Junior Business Association
  • HG.org
  • Chartered Institute of Arbitrators (CIArb)
  • International Chamber of Commerce (ICC)