Abu Dhabi Acknowledges Two Year Tariff Waiver for New Licenses

Resolution of Abu Dhabi Executive council

The Abu Dhabi executive council has sanctioned a resolution to exempt all new economic licenses issued in the Emirate from all local fees for two years, i.e., effective from the date of issue Were, this move comes under the mandates of Sheik Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

The Abu Dhabi executive council has also affirmed another goal exempting and lessening the expenses of 98 essential administrations charged by the Abu Dhabi Municipalities on the private part.

These two resolutions are mainly targeted 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 1, the two goals are part of the Abu Dhabi Government Accelerators Programme ‘Ghadan 21’ which is planned to improve 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.

The second resolution cancels the fees of 75 basic services provided by the Abu Dhabi Municipalities and lessens the fees of 23 services by 10-50 per cent of the total fee of each service.