[ad_1]
The Abu Dhabi Department of Economic Development (ADDED) revealed that the Abu Dhabi government has decided to reduce the cost of economic activities in the emirate to 1,000 dirhams. The decision includes reducing the cost of setting up a commercial company and company contract documents. Fees paid to service providers, as well as waste producer tariffs and activity fees paid to Abu Dhabi Waste Management Center-Tadweer, as well as certification fees paid to the Abu Dhabi Civil Defense Authority (ADCDA) and Abu Dhabi Chamber of Commerce dues .
The Abu Dhabi Executive Committee cancelled the fee exemption for the New Economy License. This decision sets the fees for various services related to the lease contract for the municipality. These include the registration of economic lease contracts, establishment of municipal fees and waste disposal. Regardless of the value of the contract, the Abu Dhabi Ministry of Economic Development charges a fee every year.
Specifically, the decision only sets 50 dirhams for the municipal fee required for the certification and registration of the economic lease contract and the service fee of the municipality and the Ministry of Transport, provided that the municipal fee shall be collected annually by the Ministry of Economic Development ( ADDED) Regardless of the contract value. In addition to the Abu Dhabi Chamber of Commerce membership fee of 50 dirhams, service provider fees and waste producer tariffs at the Abu Dhabi Waste Management Center will be eliminated. In addition to the cancellation of the Abu Dhabi Civil Defense Agency’s activity fees and the Certificate of Conformity (COC).
ADDED Deputy Minister Rashed Abdulkarim Al Blooshi stated that the Abu Dhabi government is keen to strengthen the role of government and semi-government institutions and strengthen their incentives to private sector companies and entities. Because the private sector is considered to be the main driving force of the local economic system in Abu Dhabi.
Al Blooshi also praised the efforts of all government authorities to support the emirate’s public-private partnership (PPP).
Abdullah Al Sahi, Deputy Minister of the Ministry of Municipalities and Transport (DMT), said: “This decision is an outstanding step to support the Abu Dhabi government’s efforts to improve the ease of doing business in the emirate. , And laid the foundation for a prosperous business environment, encouraging growth and innovation, and attracting more investors to do business in Abu Dhabi, which in turn helps to improve the emirate’s competitiveness at the regional and international levels.” Your Excellency said, The Ministry of Municipality and Transportation (DMT) is very eager to work together and continue to cooperate and coordinate with various government entities in the Emirates to properly implement this decision.
Brigadier General Mohamed Ibrahim Al Ameri, Director-General of the Abu Dhabi Civil Defense Agency (ADCDA) said: “The decision to modify the cost of economic activities in the Emirate of Abu Dhabi reflects the government’s commitment to support economic development. The Emirate. The establishment of the private sector is considered to be the economic development of the Emirate. One of the most critical factors. The Abu Dhabi Investment Development Authority (ADIDA) has announced its intention to improve the business environment and investment environment in the region.”
Dr. Salem Harfan Alkabi (Tadweer), Director-General of the Abu Dhabi Waste Management Center, said: “The Abu Dhabi government continues to work hard to improve the economic environment, stimulate private enterprises and investors in the emirate, and promote stronger and stronger A balanced economy. The development of the region. The decision to reduce the cost of economic activity in Abu Dhabi aims to open the door for new investors to enter the emirate’s market.”
Mohamed Helal Al Muhiri, general manager of the Abu Dhabi Chamber of Commerce and Industry, said: “Among the stimulus measures provided by the Abu Dhabi government, reducing government costs for commercial activities is considered a new measure designed to enable the private sector in the emirate”, stating The cooperation between the Abu Dhabi Chamber of Commerce and many local government entities is a joint comprehensive work aimed at achieving comprehensive sustainable development. In addition to maintaining its competitiveness at the regional and international levels, members and investors are also encouraged to establish and conduct businesses based on economic incentives that promote business convenience. He also emphasized that the application of fee reductions will in turn help increase trust, transparency and reduce the administrative burden on investors, especially entrepreneurs of small and medium-sized enterprises (SMEs). Because it will contribute to the continuity, growth and prosperity of the enterprise.
The new decision of the Abu Dhabi government stipulates that the cost of issuing economic activity permits is 790 dirhams, including all local authority fees related to economic permits, and the cost of permit renewal is 890 dirhams, permit procedures Only 10 dirhams. In addition to 50 dirhams as a trade name issuance fee, 100 dirhams for increasing economic activity, and 500 dirhams as a fee for adding industrial products to the license.
[ad_2]
Source link