- Al Mansoori: Move represents important step to reduce the cost of business and support the economy during the current stage
- Reduction rates in some services reach 98 per cent
- Financial impact on the business sector is estimated at AED 113 million
The Ministry of Economy has announced a new list of service fees, reflecting a reduction across 94 of its offered services, particularly provided by the Ministry to the public covering individuals, companies and the business sector. The move is being made in accordance with UAE Cabinet Resolution No. 20 of 2020 regarding services fees provided by the ministry.
The reduction covers a wide range of services, particularly the ones related to innovation, business activities, investment, production, trade, import and export activities. The most prominent of these services include commercial registration services, commercial agencies, trademarks, origin, auditors and intellectual properties. According to the ministry, the reduction rates applied to these services reach up to 98 per cent. The financial impact on the business sector as a result of this reduction is estimated to be valued at AED 113 million in 2020.
H.E. Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy, said that the reduction in fees for these select services, with large percentages of up to 98 percent in some services, is a distinct and important step being made to support the business and companies sector in the UAE during the current circumstances and represents a prominent addition to the matrix of measures taken by the UAE Government and local governments to face the repercussions of the spread of the coronavirus (COVID-19) on the business environment in the country.
H.E added: “Reducing fees for services provided by the Ministry of Economy to individuals and companies will reduce the cost of establishing and conducting business in the country and will reduce the burden on commercial and investment institutions, which is to support the main and affected sectors stimulating the economic environment and ensuring the sustainability of the pioneering structure of the national economy and business continuity.”
Al Mansoori stressed that the MOE and its partners are fully committed in dealing with the negative effects that COVID-19 has made on the national economy. He revealed that they will be working around the clock to monitor the market and business environment situation to develop urgent solutions as well as medium and long-term incentive plans that ensure the protection of economic gains and accelerate the economic recovery.
The following items are the new list of fees for services that have been reduced in the Ministry:
Service | Previous fees (AED) | New Fees (AED) | Percentage of decline | |
1 | Collective management license. | 100,000 | 75,000 | 25% |
2 | Annual renewal of collective management license | 50,000 | 37,500 | 25% |
3 | Lost replacement of collective management license. | 1,000 | 750 | 25% |
4 | Translation License of a workbook. | 1,000 | 750 | 25% |
5 | Lost replacement of a workbook translation license | 500 | 350 | 30% |
6 | Coting License of a workbook. | 1,000 | 750 | 25% |
7 | Lost replace of workbook coping license | 500 | 350 | 30% |
8 | Translation & copying License of a workbook. | 2,000 | 1,500 | 25% |
9 | Lost replace of workbook trans./copy license | 1,000 | 750 | 25% |
10 | Lost replace of workbook registration certificate | 300 | 200 | 33% |
11 | Registration a workbook for natural person | 100 | 50 | 50% |
12 | Registration a workbook for corporate person | 300 | 200 | 33% |
13 | Application for registration of no more than (10) workbooks included in an import or distribution contract. A new registration apply shall be submitted if you want to record more workbooks. | 500 | 350 | 30% |
14 | Lodge complaint of rights violation/ NP | 150 | 100 | 33% |
15 | Lodge complaint of rights violation/ CP | 500 | 350 | 30% |
16 | Registering commercial agency in the record of commercial agents | 10,000 | 7,500 | 25% |
17 | Renew of registering the commercial agency in the commercial agents | 4,000 | 3,000 | 25% |
18 | Replace commercial agency regist. cert. | 200 | 150 | 25% |
19 | Appl. of official extract of regist.rec. | 200 | 150 | 25% |
20 | Application for certificate of non-registration in the commercial agents record | 200 | 150 | 25% |
21 | Application for making an additional inspection regarding the infringing on a trademark | 1,000 | 750 | 25% |
22 | Conflicts exist between the agents and clients collection from the commercial agent | 8,040 | 6,000 | 25% |
23 | Conflicts exist between the agents and clients to be collected from the entrusted company | 8,040 | 6,000 | 25% |
24 | Selling of trademarks circulate For Each copy | 100 | 50 | 50% |
25 | Submit an application by the owner of the trademark to introduce any amendment or addition to his trade mark. | 500 | 350 | 30% |
26 | submitting an application for modifying the usage method of atrademark used to signify amonotiring or inspection have been made | 500 | 350 | 30% |
27 | Application for a true copy of the contents of the trademark registry or of any application or document mentioning the trademarks submitted to or issued by the competent department | 200 | 150 | 25% |
28 | Application for investigating or searching for a trademark | 500 | 350 | 30% |
29 | Fees of application for noting the registry for pledging a trademark or related trademarks, license or transfer a trademark. | 1,700 | 1,250 | 26% |
30 | Application for noting the registry for cancelling the pledge of trademark or related trademarks | 500 | 350 | 30% |
31 | Application for noting the registry for cancelling the entry of licensing usage a trademark. | 500 | 350 | 30% |
32 | Application for registering a trademark or trademarks of goods, products or services related to a single category | 1,000 | 750 | 25% |
33 | Application for registering a trademark signifying the fact that goods, products or services related to a single category have been monitored or inspected. | 1,000 | 750 | 25% |
34 | Application for registering a trademark or trademarks of goods, products or services related to a single category | 6,700 | 5,000 | 25% |
35 | Renewing application for registering a trademark or trademarks of goods, products or services related to a single category | 6,700 | 5,000 | 25% |
36 | Registering a trademark signifying the fact that goods, products or services related to a single category have been monitored or inspected | 10,000 | 7,500 | 25% |
37 | Renewing registeration a trademark signifying the fact that goods, products or services related to a single category have been monitored or inspected | 10,000 | 7,500 | 25% |
38 | Submit a request for data entry in the Trademark Register by the owner of the registered trademark. | 500 | 350 | 30% |
39 | Application for renewing protection period for registered mark or group or dedicated mark to indicate supervision or inspection if the application submitted during the last year of the protection period and for each mark of the marks which compose | 1,000 | 750 | 25% |
40 | Application for renewing protection period for registered mark or group or dedicated mark to indicate supervision or inspection if the application submitted during the followed three months of the protection period expiration and for each mark of | 2,000 | 1,500 | 25% |
41 | Objection to the registration of a trademark | 10,000 | 7,500 | 25% |
42 | Application for hearing one or both parties prior to deciding upon objections to the registration of a trademark | 500 | 350 | 30% |
43 | Complaining from refusal of the application for introducing any addition or modification to the recorded trademark. | 2,500 | 1,850 | 26% |
44 | Application of temporary protection for trade mark in national and international exhibits. | 500 | 350 | 30% |
45 | Objection to the application for noting the registry for cancelling the entry of licensing usage the trademark | 500 | 350 | 30% |
46 | Issuance of lost replacement certificate for a trademark. | 1,000 | 750 | 25% |
47 | Grievance of dismissal decision to object to the registration of a trademark. | 10,000 | 7,500 | 25% |
48 | Issuance of lost replacement certificate for a trademark. | 200 | 150 | 25% |
49 | Registration cancellation request of a trademark. | 10,000 | 7,500 | 25% |
50 | Registration of a trademark proxy registration for foreign corporate. | 10,000 | 7,500 | 25% |
51 | Iron scrap export to outside the state, per ton. | 250 | 200 | 20% |
52 | Notation with any modification or change come to the data of registry or attached documents, or transferring the registry from schedule to another for foreign companies. | 500 | 350 | 30% |
53 | Notation with any modification or change come to the data of registry or attached documents, or transferring the registry from schedule to another for natural persons. | 200 | 100 | 50% |
54 | Registration the headquarter for national companies in the auditors’ schedule for two years. | 15,000 | 10,500 | 30% |
55 | Registration the branches for national companies in the auditors’ schedule for two years. | 10,050 | 7,500 | 25% |
56 | Renewing the registration of the branches of national companies in auditors schedule | 5,000 | 2,500 | 50% |
57 | Registration the foreign companies in the auditors’ schedule for two years. | 60,000 | 45,000 | 25% |
58 | Renewing the registration of the foreign companies in auditors schedule | 10,000 | 7,500 | 25% |
59 | Registering natural persons in the working auditors records, for two years. | 6,000 | 4,500 | 25% |
60 | Renewing registration of natural persons in the working auditors records | 2,000 | 1,500 | 25% |
61 | Registration in list of trainee auditors | 500 | 350 | 30% |
62 | Complaint against natural/ corporate auditor | 10,000 | 7,500 | 25% |
63 | Whom Concerned certificate for auditors | 100 | 50 | 50% |
64 | Replacement for the lost or corrupt certificate of to whom it may concern for auditors | 100 | 50 | 50% |
65 | attestation of a contract for any service performed by the auditor | 200 | 100 | 50% |
66 | Submit a request under natural or legal person in the auditor’s record. | 200 | 100 | 50% |
67 | Publishing official documents for joint stock companies or partnership companies on shares basis. | 10,000 | 7,500 | 25% |
68 | Fees of publishing the official instruments of limited liability company | 3,000 | 2,500 | 17% |
69 | Publishing any modification to the official instruments of commercial companies | 1,000 | 750 | 25% |
70 | To approve the adoption the microfilm system to save documents for a joint stock company. | 1,000 | 750 | 25% |
71 | Ratification of partnership contracts. | 100 | 50 | 50% |
72 | Request of assessment of real estate shares for a joint stock company | 5,000 | 3,500 | 30% |
73 | Request of decreasing the capital of a joint stock company | 1,000 | 750 | 25% |
74 | Study assess share prem. req. stock co. | 5,000 | 3,500 | 30% |
75 | Joint-stock company registration in the Companies Registry. | 10,000 | 7,500 | 25% |
76 | Sale, merger or acquisition of foreign companies. | 10,050 | 7,500 | 25% |
77 | Opening branches for partnerships | 1,000 | 750 | 25% |
78 | Application for opening a branch or office for a foreign company | 5,000 | 3,500 | 30% |
79 | Application for registration of a foreign company in the foreign companies registry | 10,000 | 7,500 | 25% |
80 | Application for approval of modifying the register of a foreign company | 2,000 | 1,500 | 25% |
81 | Renew the registration of a foreign company in the foreign companies registry | 10,000 | 7,500 | 25% |
82 | True copy of all transactions | 100 | 50 | 50% |
83 | Request of certificate of to whom it may concern for stock Companies | 200 | 50 | 75% |
84 | The Origin Certificate for the national products plus the amount of the invoice (from AED 1-1,000) | 20 | 10 | 50% |
85 | The Origin Certificate for the national products plus the amount of the invoice (from AED 1,001-5,000) | 40 | 20 | 50% |
86 | The Origin Certificate for the national products plus the amount of the invoice (from AED 5,001-20,000) | 60 | 30 | 50% |
87 | The Origin Certificate for the national products plus the amount of the invoice (from AED 20,001-40,000) | 80 | 40 | 50% |
88 | The Origin Certificate for the national products plus the amount of the invoice (from AED 40,001-100,000) | 100 | 50 | 50% |
89 | The Origin Certificate for the national products plus the amount of the invoice (from AED 100,001-500,000) | 200 | 100 | 50% |
90 | The Origin Certificate for the national products plus the amount of the invoice if it exceeds (AED 500,000) | 400 | 200 | 50% |
91 | Print a modified origin certificate instead of a certificate of origin their fees already paid . | 40 | 20 | 50% |
92 | License for the use of made in UAE mark | 2,000 | 100 | 95% |
93 | Renewal the license for the use of made in UAE mark | 2,000 | 50 | 98% |
94 | Modify the license for the use of made in UAE mark | 1,000 | 50 | 95% |