Abu Dhabi opens Tajer scheme to all GCC nationals
By Trade Arabia
The Abu Dhabi Department of Economic Development has expanded its Tajer Abu Dhabi license package by opening it up to all GCC nationals and UAE residents and increasing the number of eligible activities to 1,057 commercial activities.
The Abu Dhabi Department of Economic Development (ADDED) has expanded its Tajer Abu Dhabi license package by opening it up to all GCC nationals and UAE residents and increasing the number of eligible activities to 1,057 commercial activities, all exempted from having a physical presence or an office.
ADDED also expanded the legal formats accepted under Tajer Abu Dhabi license to three: Establishment and one-person company for Emiratis and GCC nationals, and limited liability company for residents in partnership with Emiratis.
The move is aligned with the recent economic initiatives of Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Executive Board of the Emirate of Abu Dhabi, that include multiple initiatives to improve the ease of doing business in the Emirate and support entrepreneurs, SMEs and the private sector.
Tajer Abu Dhabi was originally launched by ADDED late last year allowing Emiratis to establish businesses in 100 different business activities without the need of physical presence. The electronic service also sped up the licensing process with licenses granted in only two steps; entering data and paying fees after a review of the application.