The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai's Department of Economic Development (DED) waived a total of $6.3m in fines under its 50% reduction facility in 2017-2018.
The DED received more than 4,650 fines settlement requests in 2017 and 2018.
Continuing the scheme in 2019, the DED said announced an automatic settlement facility for traders eligible for 50% reduction on commercial fines.
Once a commercial violation is entered in the system, the trader receives a text message with an automatic reduction of 50% in the fine. Previously, the customer had to request a settlement upon which the system verified the trader’s eligibility for any reduction in fines.
The DED said the 50% reduction is applicable only on fines issued for the first violation in a calendar year.
Mohammed Ali Rashid Lootah, CEO of CCCP, said: "We want to provide best quality services to as many businesses as possible in Dubai. The automatic fine settlement facility will contribute to enhancing happiness in Dubai and the emirate’s position across global competitiveness indicators.
The announcement is in line with the declaration of 2019 as the Year of Tolerance by President His Highness Sheikh Khalifa bin Zayed Al Nahyan and also represents DED’s efforts to enhance competitiveness and ease of business.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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