Abu Dhabi Department of Economic Development (ADDED)
What is Abu Dhabi Department of Economic Development (ADDED)
The Abu Dhabi Department of Economic Development (ADDED) is a government organization in the capital city that oversees and regulates economic and business activities. True to its name, the department proposes trade and industry policies, leads economic initiatives, implements strategic plans, manages budget allocations, and regulates relevant economic entities to ensure sustainable economic growth. Additionally, ADDED is responsible for delivering analytical reports, recommending economic tariffs and fees, promoting economic competitiveness, and issuing trade and industry licenses to companies and organizations. In essence, ADDED plays a vital role in shaping the economic landscape of Abu Dhabi by fostering a conducive environment for businesses to thrive and contribute to the emirate’s growth.
Since its establishment in March 2013, the Abu Dhabi Business Center (ADBC), along with the Competitiveness Office of Abu Dhabi (COAD) and the Abu Dhabi Investment Office (ADIO), has been instrumental in fostering a business-friendly environment and driving economic growth in the emirate. ADBC prioritizes ease of doing business by providing essential services and mentorship to investors and entrepreneurs, aligning with the Abu Dhabi Economic Vision 2030. COAD focuses on maintaining Abu Dhabi’s global competitive advantage through strategic economic initiatives and stakeholder collaboration, while ADIO works to attract foreign investment and support local investors in expanding their ventures. Together, these departments play vital roles in advancing Abu Dhabi’s economic agenda and enhancing its position on the global stage.
DED Abu Dhabi provides a range of services related to the issuance, cancellation, and verification of commercial and trade licenses essential for conducting business activities. These licenses encompass various categories such as dealer, creative, technology, branch, dual, and commercial licenses, among others. Whether a company seeks to establish a dealership, engage in creative endeavors, operate in the technology sector, expand through branches, or pursue dual commercial activities, DED Abu Dhabi facilitates the licensing process to ensure compliance with regulations and enable smooth business operations.
Additionally, within the realm of industrial development, DED Abu Dhabi extends its services to encompass the issuance, modification, and renewal of industrial licenses. This responsibility falls under the purview of the Industrial Development Bureau, which oversees the licensing of individual, company, and partnership entities involved in industrial activities. Whether it’s obtaining licenses for specific industrial endeavors, renewing existing licenses, or making modifications to accommodate changing business needs, DED Abu Dhabi plays a crucial role in supporting the industrial sector’s growth and regulatory compliance, thereby contributing to Abu Dhabi’s economic diversification and development goals.
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