Abu Dhabi Launches New Registration & Licensing Authority: ADRA

The Department of Economic Development in Abu Dhabi launched the Abu Dhabi Registration and Licensing Authority “ADRA” To develop and regulate the business sector in the emirate, as it undertakes the tasks of supervising the organization and registration of economic establishments in the emirate and its non-financial free economic zones, and coordinating with the relevant authorities to complete the procedures for licensing economic establishments..

The launch of the authority comes after the decision of the Executive Council of the Emirate of Abu Dhabi to establish the Abu Dhabi Registration and Licensing Authority “ADRA” To undertake the responsibility of verifying that economic establishments in the emirate and non-financial free economic zones meet the compliance requirements with all legislation and executive regulations related to combating money laundering and the financing of suspicious activities and illegal organizations..

Also, the Abu Dhabi Authority is responsible for registration and licensing “ADRA” The tasks of creating a unified database that includes all data related to economic establishments in the emirate and non-financial free economic zones, within the framework of facilitating the procedures for managing the commercial registry, simplifying the system for granting licenses to economic establishments, managing regulatory affairs, and ensuring the compliance of the establishments concerned with applicable legislation and regulations..

The Authority will work to employ the latest digital solutions with the aim of simplifying the procedures for establishing, practicing and developing businesses and encouraging investment, and providing a supportive system for the business sector by offering new types of licenses that provide promising opportunities to attract talent, investors and entrepreneurs and enable them to benefit from the capabilities and potential of the emirate, which is characterized by the diversity and vitality of its economy..

His Excellency Ahmed Jassim Al Zaabi, Chairman of the Department of Economic Development in Abu Dhabi, said that the establishment of the Abu Dhabi Registration and Licensing Authority “ADRA” It represents a qualitative shift in our economic journey, as this new regulatory institution supports our initiatives to accelerate and diversify economic growth in the emirate by ensuring the provision of simplified procedures and guidance services supervised by an elite group of experts in the economic and legal fields, in addition to strengthening procedures and ensuring benefit from the thriving economic system in the emirate. Abu Dhabi. His Excellency added that the establishment of the Abu Dhabi Registration and Licensing Authority “ADRA” It reflects the emirate’s vision towards strengthening its position as a leading destination for talent, investments and businesses, and supporting its competitiveness at the global level by enabling economic establishments to expand their activities locally and regionally and enter new markets in the region, in addition to attracting new investments in various vital sectors, which contributes to achieving Abu Dhabi’s economic vision..

The Abu Dhabi Registration and Licensing Authority operates “ADRA” To ensure that all economic establishments in the Emirate of Abu Dhabi and its non-financial free economic zones comply with local, federal and international legislation, standards and regulations, which reflects our firm commitment to enhancing the transparency of procedures and providing accurate data to policy makers, researchers and companies in order to support their abilities to make decisions based on accurate and clear data and information..

It will be the Abu Dhabi Registration and Licensing Authority “ADRA” Responsible for ensuring that all economic establishments in the Emirate of Abu Dhabi and its non-financial free economic zones comply with local and federal legislation, regulations and international standards. In addition, the Abu Dhabi Registration Authority enhances the components and advantages of the “Falcon Economy” system, which aims to consolidate the emirate’s position as a leading destination for attracting talent and attracting investments and businesses..