Fee on new licences waived off in UAE for two years
Decision aimed to facilitate economic activities.
The Abu Dhabi Executive Council has approved a resolution to exempt all new
economic licences issued in the emirate from all local fees for 2 years,
effective from the date of issue.
The Council has also approved another resolution exempting and reducing the
fees of 98 basic services charged by the Abu Dhabi Municipalities on the
private sector.
The 2 resolutions are aimed to facilitate economic activities in Abu Dhabi.
Coming into force on December 1, the 2 resolutions are part of the Abu Dhabi
Government Accelerators Programme 'Ghadan 21' which is aimed to enhance the
competitiveness of Abu Dhabi in business, investment, society, knowledge
innovation and lifestyle.
The resolution of exempting new licences from local government fees covers
all commercial activities in Abu Dhabi and the emirate's free zones.
The second resolution cancels the fees for 75 basic services provided by the
Abu Dhabi Municipalities and reduces the fees of 23 services by 10 to 50 per
cent.