As part of a strategic move to promote new business formations and reduce costs for existing businesses, the Abu Dhabi Government have issued a blanket reduction in new business licence setup fees and licence renewal fees to AED 1,000 – a reduction of more than 90%.
A collaborative result from multiple Government Departments including the Abu Dhabi Department of Economic Development (ADDED) and the Abu Dhabi Chamber of Commerce and Industry (ADCCI).
The new fees include up to six different activities within the business licence, which will cover all fees from ADDED, Department of Municipalities and Transport, as well as the membership fees for Abu Dhabi Chamber, CoC (Certificate of Conformity) issuance fee, and fees required by Abu Dhabi regulating entities depending on the type of business and business activities.
These new fees are expected to be rolled out from Tuesday 27th July 2021.
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