© 2020 by Gateway Group Of Companies

  • Jenny Hunt

Local government fees abolished for new company licenses in Abu Dhabi

Updated: Oct 2, 2019

5th December 2018

It has been announced that local government fees are being abolished for all new trade licenses issued in Abu Dhabi from 1st December 2018. New companies will be exempt from the fees for two years from the date of the issue of the license. This is the latest in a stream of initiatives announced by the UAE government to boost Foreign Direct Investment (FDI) into the Capital called Ghadan 21 (Tomorrow 2021).


This is a huge boost for foreign businesses entering the Abu Dhabi market. The abolished fees make Abu Dhabi much more attractive and competitive for foreign companies expanding here. It is understood that the abolished fees relate to the trade license, so companies intending to setup a Foreign Branch will still be required to pay the Ministry of Economy registration fees.


The abolished fees for new companies will be particularly attractive for entrepreneurs and startups for whom cash flow is always critical. For those individuals who are UAE residents and opt for activities which fall under the Golden Tajer license initiative, they will also benefit from not being required to lease a commercial premise for the first two years of operations.


How Gateway Group can help you or your organisation to start a business in Abu Dhabi

Gateway Group helps great companies to setup and succeed in Abu Dhabi. Gateway Group is the authority on company formation in Abu Dhabi. We use our on the ground knowledge and experience, as well as our large network of connections to help companies with their market entry. We have a proven track record of speedy, hassle free company formations for government entities, royal family, multinationals, SMEs and entrepreneurs. For Gateway to setup your company in Abu Dhabi, email us: info@GatewayToUAE.com


Written by Jenny Hunt, Founding Partner & CEO

Gateway Group of Companies, Abu Dhabi & Dubai UAE

Related Gateway Group Blog

UAE's Foreign Direct Investment Law Aims To Attract FDI

100% Foreign Ownership & 10 Year Visas Coming To The UAE

Gateway Group Of Companies

Protect your business and profits and have an efficient business setup in Abu Dhabi and Dubai by engaging the award-winning Gateway Group to deliver our customised business setup, unique local sponsor packages, and visa processing. To establish your business in the UAE, Email us: Info@GatewayToUAE.com

Gateway Group - We're Pretty Good At What We Do


Best Company Formation Specialists 2019

Lawyer International


Best Onshore Company Formation Specialists – UAE

MEA Markets 2019 GCC Enterprise Awards


Best Company Formation Specialists 2019 – UAE

M&A Today


CEO Today Middle East Awards 2019 (Jenny Hunt)


Recognized Leaders in Offshore Company Formation 2019

MEA Markets


10 Most Promising Corporate Business Service Providers 2019

Silicon India


Gateway CEO, Jenny Hunt, ranked in

FORBES' Top 100 Most Influential Women in the Middle East


Gateway is ranked in the Top 20 Abu Dhabi blogs to follow


#Gatewaytoabudhabi

#GatewaytoDubai

#GatewaytoUAE

#ReassuringlyHonest

#localsponsor

#companyformation

#visas

#businesssuccess

#theauthority

#sponsor

#AbuDhabi

#Dubai

#UAE

#UnitedArabEmirates

#blog

#blogger

#businessblog

#AbuDhabiblog

#Dubaiblog

#businessgrowth

#businessexcellence

#businesslicense

#tradelicense

#license

#licensing

#newcompany

#FDI

#Tajer

#governmentfees