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Asset Publisher

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Competition and Consumer Protection Services - Price Increase Request

Price Increase Request

This service allows companies to submit requests for price increase, to be analysed and actioned, after which the companies are notified of the final decision.

Service Fees

  • Invoice Value (AED) Fees (AED) (Updated fees)

Conditions and Requirements

Required Documents

    Report on:

    • Current prices
    • Prices of the previous three years
    • Prices of alternative goods in the UAE
    • Production costs for the last three years
    • Company's balance sheet for the last three years
    • Required percentage increase in prices
    • Prices in neighbouring countries (GCC)
    • Justifications presented for price increase since the last price amendment

Steps and Procedures

    • 01The company submits the price increase request through the MoE website or smart app
    • 02The MoE is provided with the following reports:
      • Current prices
      • Prices of the previous three years
      • Prices of alternative goods in the UAE
      • Production costs for the last three years
      • Company's balance sheet for the last three years
      • Required percentage increase in prices
      • Prices in neighbouring countries (GCC)
      • Justifications presented for price increase since the last price amendment
      • Company is notified of the action taken regarding the price increase request

Service Rating

Average Duration for Service Delivery

15 days

Service Provision Channels

MoE website
MoE smart app

Target Audience

All companies

Service Provision Timings

24 hours

Contact Details

Competition and Consumer Protection

Phone

8001222

Email

info@economy.ae

Communication Channels

Call centre and customer protection
 

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