Dubais DET has waived the collection of 10% of the actual or estimated value of a ticket sold, as per new decree

According to a new decree issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Ruler of Dubai and Prime Minister of the UAE, Dubai will no longer be collecting 10 percent of events' ticket sales. The emirate's Ruler has rolled out Decree No. (5) of 2023 amending some provisions of Decree No. 25 of 2013 pertaining to the eLicensing and eTicketing System for events in Dubai, it was announced on Friday.

Under the provisions of the new decree, Dubai’s Department of Economy and Tourism (DET) has waived the collection of 10% of the actual or estimated value of a ticket sold, or up to Dh10 per guest, as stipulated in the previous decree. However, it will continue to levy the fees for the annual subscription to the E-Permit and E-Ticketing system.

The decree is one of a series of resolutions that Sheikh Mohammed bin Rashid has issued to raise Dubai’s economic competitiveness, create a pro-growth business environment, and further raise standards across sectors.

Recently, the Dubai Ruler issued a resolution to establish new corporations affiliated with the Department of Economy and Tourism and 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.