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Sheikh Hamdan Announces AED 1 Billion Support: How Business Owners Can Benefit from DET License Discounts

Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince of Dubai, has announced a significant AED 1 billion support package to boost the UAE business ecosystem. As part of this initiative, the Department of Economy and Tourism (DET) has introduced major trade license discounts, reduced fees for renewals, and other business-related cost reductions. This makes it an ideal time for entrepreneurs in Dubai and across the UAE to start, renew, or expand their businesses.

This guide explains how business owners in Dubai can maximize these benefits and save significantly.

Key Highlights of DET’s Support Package

As part of the AED 1 billion support, business owners can now benefit from:

  • Reduced fees for trade license issuance and renewal
  • No fees for using a foreign trade name
  • Lower costs per partner
  • Reduced marketing fees for office rent
  • Zero license accommodation fees

These measures are designed to ease financial burdens, encourage new businesses, and support sustainable growth. Dubai business owners can save 30%–50% on costs. The program is effective from April 1st and will be available for three months.

DET License Discounts: What You Can Save

  • Up to 30% reduction on certain Dubai trade license categories
  • Discounts applicable for Dubai mainland licenses

This is a rare opportunity to save costs across all aspects of business setup in Dubai and ongoing operations.

How Business Owners Can Utilize This Opportunity

Renew Existing Licenses Early
Renew now to take advantage of reduced fees, including license accommodation and partner cost reductions, ensuring compliance without overspending.

Start a New Business at Lower Cost
Launch your company in Dubai or other emirates with a lower initial investment, thanks to fee reductions and waived charges for foreign trade names.

Upgrade or Expand Your Business
Some discounts apply to license upgrades and expansions. Combined with reduced marketing and office rent fees, this is the perfect time to scale your operations efficiently.

Consult Experts for Fast Processing
Professional agencies like Alif Global Legal Translation and Corporate Services can guide you through license applications, renewals, and DET discount claims, helping you save maximum costs and avoid delays.

Tips to Maximize Savings

  • Compare discounted fees vs standard fees to understand potential savings
  • Act before the promotional period ends to secure benefits
  • Bundle services (license issuance + translation + notarization) for efficiency and convenience
  • Ensure your documents are fully compliant with DET requirements

Why Choose Alif Global for License & Business Services

At Alif Global Legal Translation and Corporate Services, we specialize in corporate solutions for UAE business owners, including:

  • Trade license issuance and renewal in Dubai
  • MOJ-approved legal translation for business documents
  • Notarization, attestation, and corporate compliance

Our expert team ensures you maximize DET discounts, complete procedures quickly, and start or renew your business hassle-free.

Take Action Today

Don’t miss this opportunity to save costs and strengthen your business in Dubai and the UAE. Contact Alif Global today for:

  • A detailed quotation for trade license issuance or renewal
  • Guidance on applying DET discounts
  • End-to-end support for translation, notarization, and attestation

Act now and leverage the UAE government’s AED 1 billion support to grow your business!

WhatsApp:  +971 50 293 6677
Phone:  +971 50 293 6677

Murtada Hassan (Senior Legal Translator)
Murtada Hassan (Senior Legal Translator)

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