Abu Dhabi Tourism Licence Fees Capped at Dh1,000 Annually
- Publish date: Thursday، 22 December 2022
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The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) is launching a new tourism business license. A revised fee structure is being introduced, capped at Dh1,000 annually, and applicable to tourism business licenses, effective January.
It also covers Abu Dhabi's regulation fees, with the amount adjustable depending on the type of business applying. Overall, the changes represent an almost 90% reduction in total license fee costs.
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This will be a significant boost given the challenges the sector has faced over the past 18 months. of restricted travel, leisure and event activities, many tourism industry businesses faced financial hardships and difficult decisions when renewing their business activity in the emirate.
The new business license offers an amended fixed-fee structure, with the blanket costs covering fees payable to several Abu Dhabi Government entities, including Abu Dhabi Department of Economic Development, the Department of Municipalities and Transport, Abu Dhabi Chamber membership fees and the Certificate of Conformity issuance fee.
.@dctabudhabi has reduced the annual tourism business licence fee, capping it at AED1,000. The new fixed-fee structure applies to existing and new businesses and is the latest initiative to accelerate the growth of the tourism industry #inAbuDhabi. pic.twitter.com/hiTiz5rBC5
— مكتب أبوظبي الإعلامي (@admediaoffice) January 11, 2022
The introduction of a fixed fee for all sectors offers transparency, reduces administration challenges for investors, and supports the efforts of the governing departments to create a thriving business environment for the private sector, with particular focus on small- and medium-sized businesses.
This article was previously published on UAE Moments.To see the original article, click here