Revealed the details of amending and canceling fees for licensing economic activities

«Abu Dhabi Economy»: 50 dirhams municipal fee for documentation and registration of lease contracts and membership fees «Abu Dhabi Chamber»

The Department of Economic Development, Abu Dhabi, revealed the details of the decision to amend the fees for licensing economic activities in the Emirate of Abu Dhabi for all government agencies, setting it at a value of only 1,000 dirhams, including amending the fees for documenting incorporation contracts, the bylaws of commercial companies for the Department of Municipalities and Transport, fees for service providers, and the tariff for waste producers. For the Abu Dhabi Waste Management Center, activities fees, a certificate of completion for the Abu Dhabi Civil Defense Authority, and membership fees for the Abu Dhabi Chamber of Commerce and Industry.

According to the decision, the decision of the Executive Council of the Emirate of Abu Dhabi regarding exempting new economic licenses from fees is repealed, and all fees related to economic licensing with the competent local authorities in contravention of the provisions of this decision are also cancelled.

Determining fees

. The decision set only 50 dirhams for the municipal fee for documenting and registering economic lease contracts, and service fees for the Department of Municipalities and Transport, provided that the municipal fee is obtained annually by the Department of Economic Development, without regard to the value of the contract, in addition to 50 dirhams membership fees for the Abu Dhabi Chamber. .

The fees for service providers and the tariff for waste producers for the Abu Dhabi Center for Waste Management, in addition to canceling the activities fees and the civil defense fulfillment certificate for the Abu Dhabi Civil Defense Authority, will also be cancelled.

The new decision of the Abu Dhabi government also set 790 dirhams, the fees for issuing a license to practice economic activities, including the fees of all local authorities concerned with economic licensing, 890 dirhams license renewal fees, only 10 dirhams fees for licensing procedures, 50 dirhams trade name issuance fees, and 100 dirhams adding activity fees. Economical, and 500 dirhams fees for adding an industrial product.

Incentives and initiatives The

Undersecretary of the Abu Dhabi Department of Economic Development, Rashid Abdul Karim Al Balushi, stressed the keenness of the Abu Dhabi government to enhance and integrate the role of government and semi-governmental agencies in providing more incentives and initiatives in support of private sector companies and institutions, as it is the main and important driver of the emirate's local economy system, praising the level of cooperation And the joint coordination of all relevant government agencies that contributed to achieving this important step towards strengthening the strategic partnership between the public and private sectors.

Ease of Business

In turn, the Undersecretary of the Department of Municipalities and Transport, Abdullah Al Sahi, considered the decision a distinct and supportive step for the efforts of the Abu Dhabi government towards enhancing ease of doing business in the emirate, and laying the foundations for a prosperous business environment that encourages growth and innovation, and attracts more investors to establish businesses in the Emirate of Abu Dhabi. This contributes to increasing its competitiveness regionally and globally.

He stressed the keenness of the Department of Municipalities and Transport to unify efforts and continue cooperation and coordination with various government agencies in the emirate to work on the successful implementation of this decision.

Supporting investors

, for his part, the Director General of the Abu Dhabi Civil Defense Authority, Brigadier General Mohammed Ibrahim Al Ameri, said that the decision to amend the fees for licenses for economic activities in the Emirate of Abu Dhabi reflects positively on the process of economic development in the emirate, and contributes to supporting investors and owners of establishments and easing their burdens as one of the most prominent Supportive incentives for private sector institutions, as coordination, integration and future foresight contribute to flexible procedures that push the business environment and investments to advanced levels.

Sustainable development

In the same context, the Director-General of the Abu Dhabi Center for Waste Management "Tadweer", Dr. Salem Khalfan Al Kaabi, said that the government of the Emirate of Abu Dhabi continues to support the economic reality, upgrade commercial institutions and stimulate partners and investors, for further economic renaissance in the emirate.

He added that any step taken by the Abu Dhabi government in this direction reflects its keenness to achieve sustainable economic development in the emirate, for the benefit of society in general, stressing that reducing the fees for economic activities opens the way for new categories of investors wishing to enter the commercial field in the emirate.

Reducing the burdens

The Director-General of the Abu Dhabi Chamber of Commerce and Industry, Mohammed Hilal Al Muhairi, said that reducing government fees for commercial activities is a new initiative within the incentive initiatives that the Abu Dhabi government is pushing to empower the private sector in the emirate.

He stressed that the implementation of the decision to reduce fees would lead to increased confidence, transparency, and administrative burdens on investors, especially entrepreneurs with small and medium enterprises, which would facilitate business continuity, growth and prosperity.

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