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Abu Dhabi Department of Economic Development (ADDED) issued 7762 new license, renewed 66,000 licenses and processed 118,000 licensing transactions

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Abu Dhabi Department of Economic Development (ADDED) issued 7762 new license, renewed 66,000 licenses and processed 118,000 licensing transactions

Sunday, February 17, 2013
Abu Dhabi Department of Economic Development issued 7762 new commercial licenses, last year which brought up the total number of active business licenses registered in the emirate to 87329 licensees. According to the annual statistical report on commercial activities in Abu Dhabi emirate in 2012, which was released by Abu Dhabi Department of Economic Development, the total number of commercial licenses transactions processed last year was 181,106. Abu Dhabi accounted for 123,838 of these transactions, Al Ain 13,763 and the Western Region 43,505. Transactions processed included issuance of new licenses, amendments, renewals and cancellation of licenses, in addition to replacement of lost documents, issuance of letters, and various violations.H.E Mohammed Munif Al Mansouri, Acting Executive Director of Commercial Affairs Sector, said that through its strategy and future plans, ADDED was able to develop commercial and business activity in various vital sectors; stating that the continuous increase in commercial licensing was indicative of the steady progress and growth of Abu Dhabi economy.Al Mansouri emphasized that the Department of Economic Development is determined to strengthen the Emirate's business environment, by encouraging commercial activities, to achieve the desired economic diversification; and enhance the emirate's competitiveness as an attractive haven for investments.Al Mansouri said that the Department of Economic Development is keen to overcome obstacles and difficulties faced by businessmen and investors in starting, developing and expanding their businesses; confirming that the business sector is an importantly vital for augmenting the contribution of non-oil sectors to the emirate's GDP.The launching of Abu Dhabi Business Center, in the coming days, will ease and speed up license issuing and renewal procedures, and further coordination and integration with other government entities concerned with economic activity in the emirate.Al Mansouri explained that the commercial licensing, Clients Service Center, which shifted from the Municipality building, to the new headquarters of the Department of Economic Development in Baniyas Towers, seeks to keep abreast of developments in the domestic market and achieve clients' satisfaction, in order to encourage investment and increase business efficiency and productivity.According to the report, 66299 license renewals were conducted in 2012, Abu Dhabi accounted for 40274 renewals, Al Ain 20852 and the Western Region 5173, which reflected the keenness of businessmen to enhance their business activities in the Emirate, and shows their confidence in the procedures and systems of the emirate which aim at providing an ideal business environment most beneficial to society. In the same context, the total number of transactions for amending activities of commercial licenses in 2012 was 34025. Abu Dhabi accounted for 22057, Al Ain 8541 and the Western Region acquired 3427 of amendment transactions.The Acting Executive Director of the Commercial Affairs Sector said that the majority of amendments to business licenses activities over the past year, revealed the desire of companies to add more activities to their already registered business activities, which reflected the marked expansion of additional activities, indicating the success of their businesses. According to the report 5494 licenses were canceled last year. The majority of the commercial activities were cancelled due to the decision to transfer their activities outside of the Abu Dhabi Island. These licenses are distributed as follows: Abu Dhabi 2925, Al Ain 2216 and the Western Region 353. There were other reasons behind the cancellation, as many of these licenses were small and marginal activities, while other licenses were cancelled after the elapse of two years without being renewed. Statistics also covered other types of craft, professional and agricultural, fisheries and livestock licenses issued in Abu Dhabi during 2012.The number of new crafts licenses issued was 137, while another 13,743 licenses were renewed in 2012. New commercial licenses issued amounted to7586, and 49,654 licenses were renewed.New professional licenses issued amounted to 36, while the number of renewals reached 3266 licenses. New agricultural, fisheries and livestock licenses issued were 3, while 2 licenses were renewed last year.According to the report 12 licenses were issued for partnership companies, 6 for private shareholding companies and branches, 27 public shareholding companies and branches. The number of licenses issued to branches of other activities amounted to 785 licenses. One license was issued for a professional company, 2 licenses for cooperative societies, and limited partnership companies. Licenses issued to limited liability companies totaled up to 1662. The largest share was held by establishments which acquired 5268 of new licenses.The report of the Commercial Affairs Sector cited collecting fees for 2749 violations of licensing rules and regulations in 2012. Abu Dhabi registered 1984 violations, Al Ain 528 and the Western Region 237.H.E Mohammed Munif Al Mansouri, Acting Executive Director of Commercial Affairs Sector, stated that the violations of business licenses in the Emirate of Abu Dhabi resulted mainly because some establishments practiced unlicensed or unauthorized activities or due to commercial fraud or using places and locations not specified for the purposes of the license. Al Mansouri added that these violations are governed by the provisions of the law No. 2/2009 Concerning the Establishment of the Department of Economic Development; and the responsibilities and duties of the Department to raise the efficiency of the business environment and the preserve the rights of entrepreneurs and consumers; and eliminate to the fullest, all phenomena that hinder business activity.The 2012 commercial licensing statistics for the emirate of Abu Dhabi, cited 9415 advertisements and permits, 16561 letters addressed to government departments and entities concerned with licensing, in addition to 805 replacements of lost documents
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