Two-year All-fee Exemption for New Business Licenses
News

    15-Nov-2018

  • Two-year All-fee Exemption for New Business Licenses
  • Source : Emirates News 24/7
ABU DHABI - The Abu Dhabi Executive Council has approved a resolution to exempt all new economic licenses issued in the Emirate from all local fees for two 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 two resolutions are aimed to facilitate economic activities in Abu Dhabi as part of the initiatives and incentives provided to the private sector companies and enterprises operating in the Emirate.
 
Coming into force by December 1st, the two resolutions are part of the Abu Dhabi Government Accelerators Program ‘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 licenses from local government fees covers all commercial activities in Abu Dhabi and the Emirate’s free zones.

Source: Emirates News 24/7
http://www.emiratesnews247.com/two-year-all-fee-exemption-for-new-business-licenses/ 
 
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