Abu Dhabi extends office-free period for entrepreneurs to cut business costs
Abu Dhabi has extended the period for which entrepreneurs can operate without an office by a year, under its Tajer licensing programme. The move will cut one of the biggest upfront costs for small businesses, as the emirate steps up efforts to attract investment and expand its non-oil economy. The Abu Dhabi Department of Economic Development said Tajer licence holders will now have more time to…
Abu Dhabi has extended the office-free period for entrepreneurs under its Tajer licensing programme by one year, aimed at reducing business costs as the emirate seeks to diversify its economy. The Abu Dhabi Department of Economic Development (DED) announced that Tajer licence holders will now have more time to establish and grow their businesses before committing to commercial premises.
This comes as demand for the programme continues to rise, with new Tajer Abu Dhabi licences increasing by 8% in the first half of the year, up from a 25% rise the previous year. The DED also extended the validity of industrial licences called Rowad, now valid for three years instead of two, and extended licences for projects under construction from three to four years until production.
These measures are part of broader government efforts to lower costs, support entrepreneurship, and enhance the competitiveness and resilience of various sectors in Abu Dhabi's economy.
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