Dubai (Bureau Report)
The Abu Dhabi Department of Economic Development has announced that the Abu Dhabi government has reduced the conditions for starting a new commercial business by 71%.
Under the Departmental Investor Travel Program, a special task force led by the Department of Economic Development, in collaboration with more than twenty other government agencies and the private sector, began work on the shortfall in April 2021. Has been further improved.
The Chairman of the department Muhammad Ali Al-Sharifa thanked the local and federal agencies for their cooperation in this development and said that due to this cooperation it was possible to complete the work in a short time. These new changes have been implemented since August 1.
The undersecretary of the department said that the significant reduction in conditions is just the beginning of the program. Sameh Abdullah Al-Qubaysi, ED of the Executive Affairs Office of the Economic Development Department, said that this development is part of several initiatives and announcements that business For the sake of convenience, the Abu Dhabi Residents Office was set up in early July. Last week, Abu Dhabi government agencies reduced license issuance and renewal fees by 1,000 dirhams and commercial licenses in 93% of economic activities. Is now achieved in 6 minutes.
