The Abu Dhabi Business Centre (ADBC), part of the Abu Dhabi Department of Economic Development (ADDED), has announced the addition of 126 new economic activities to ‘Tajer Abu Dhabi’ (Abu Dhabi Trader) license, which allows micro, small and medium-sized enterprises (MSMEs) to obtain the trade license without the need to work from a physical location or having to pay rent on commercial space for three years.
This new move reflects ADDED’s commitment to empowering and enabling entrepreneurs through means that facilitate ease of doing business and consequently enhance Abu Dhabi’s competitiveness and support its development in line with the leadership’s vision.
With the new 126 activities added, the total number of activities under the category rose from 30 to 1200 since its launch back in 2017.
By this, the activities under ‘Tajer Abu Dhabi’ represent 29.5% of the total economic activities licensed and regulated by ADDED, which currently stand at 4062 activities as of end of last year (2021).
Following the first three years, ‘Tajer Abu Dhabi’ holders are required to have physical work premises as per the rules regulating their businesses and get necessary approvals.
H.E. Mohammed Munif Al Mansouri, Executive Director of ADBC said: “At ADDED, we champion MSMEs and start-ups as drivers of a vibrant, private sector-led economy; expanding activities of ‘Tajer Abu Dhabi’ comes in this context as we strive to empower entrepreneurs to set up their businesses and thrive”.
“In the past period, we noticed an increase in the number of ‘Tajer Abu Dhabi’ applicants. 7,106 new licenses were issued under this category representing 27.9% of new economic licenses issued in the Emirate last year. ‘Tajer Abu Dhabi’ new licenses issued in 2021, alone, represented nearly 50% of all licenses issued under it, since the launch in 2017 indicating a positive response from entrepreneurs towards ADDED’s initiatives of expanding commercial activities”.
The Abu Dhabi Business Center (ADBC) www.adbc.gov.ae was established in 2013 to provide an ideal business environment. ADBC allows investors and businessmen to obtain all approvals and services related to economic licensing in the Emirate.
To access the full list of “Tajer Abu Dhabi’ new activities, please click here.