Abu Dhabi adds 126 new economic activities to ‘Tajer Abu Dhabi’ to support MSMEs

The Abu Dhabi Business Centre (ADBC), part of the Abu Dhabi Department of Economic Development (ADDED), has announced the addition of 126 new economic activities to ‘Tajer Abu Dhabi’ (Abu Dhabi Trader) license, which allows micro, small and medium-sized enterprises (MSMEs) to obtain the trade license without the need to work from a physical location or having to pay rent on commercial space for three years.

According to the Abu Dhabi Media Office, with the new 126 activities added, the total number of activities under the category rose from 30 to 1,200 since its launch back in 2017.

By this, the activities under ‘Tajer Abu Dhabi’ represent 29.5 per cent of the total economic activities licensed and regulated by ADDED, which currently stand at 4062 activities at the end of 2021.

Following the first three years, ‘Tajer Abu Dhabi’ holders are required to have physical work premises as per the rules regulating their businesses and get necessary approvals.

Mohammed Munif Al Mansouri, Executive Director of ADBC said: “At ADDED, we champion MSMEs and start-ups as drivers of a vibrant, private sector-led economy; expanding activities of ‘Tajer Abu Dhabi’ comes in this context as we strive to empower entrepreneurs to set up their businesses and thrive.”

“In the past period, we noticed an increase in the number of ‘Tajer Abu Dhabi’ applicants. 7,106 new licenses were issued under this category representing 27.9 per cent of new economic licenses issued in the Emirate last year.  ‘Tajer Abu Dhabi’ new licenses issued in 2021, alone, represented nearly 50 per cent of all licenses issued under it, since the launch in 2017 indicating a positive response from entrepreneurs towards ADDED’s initiatives of expanding commercial activities.”