The Abu Dhabi Business Centre at the Abu Dhabi Department of Economic Development (ADDED) has added 12 new economic activities to the Tajer Abu Dhabi licence.
This allows investors to obtain an economic licence without needing to work from a physical location or pay rent on commercial space for three years.
The new activities include:
- Maritime Consultancies Services
- Tourism & Recreation Consultants
- Analysing of Accountancy and Auditing System
- Logistics Consultancy
- Statistical Services Consultancies
- Network Consultancies
- Agricultural Extension Services
- Textiles and Wearing Apparel Silk-Screen Printing
- Design and Artwork Services
The Tajer Abu Dhabi licence enables UAE citizens and residents to practice businesses. Licence holders are not required to provide a physical headquarters until three years after launching a business as per rules regulating businesses and necessary approvals.
Since 2017, number of economic activities under Tajer Abu Dhabi has grown significantly, rising from 30 to 1200. These activities represent 30 percent of total economic activities licensed and regulated by ADDED, which stood at 3,982 activities at the end of last year (2023).
Mohammed Munif Al Mansouri, Executive Director of the Abu Dhabi Business Centre said: “The addition of new activities to the Tajer Abu Dhabi license reflects Abu Dhabi’s vibrant economy, which is witnessing an expansion of specialised activities. To meet the needs of entrepreneurs and investors in various sectors and to facilitate setting up and doing businesses, we listened to the needs stakeholders to understand their requirements.
“We have added activities that enable business owners to obtain the necessary licences to launch projects that contribute positively to commercial activity and economic development in Abu Dhabi. This step confirms ADDED’s commitment to entrepreneurship and small and medium-sized enterprises, a main pillar of economic diversification and job creation.”