Sunday 29 July 2018

Abu Dhabi expands company licence package to boost growth | GulfNews.com

Abu Dhabi expands company licence package to boost growth | GulfNews.com:

The Abu Dhabi Department of Economic Development announced on Sunday that it has expanded Tajer Abu Dhabi licence package scheme by opening it up to all GCC nationals and UAE residents, in addition to increasing the number of commercial activities to more than 1,000.

Tajer Abu Dhabi was originally launched late last year, allowing only Emiratis to establish businesses in 100 different business activities without the need of an office.

The scheme has now been expanded to 1,057 commercial activities, with GCC nationals and UAE residents being allowed to start their business without having an office space or physical presence, according to a statement from the department. Legal formats accepted under Tajer Abu Dhabi licence have also been expanded to include a one-person company for Emiratis, a one-person company for GCC nationals, and limited liability company for residents in partnership with Emiratis.

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