The Abu Dhabi Department of Economic Development Adopts E-Signature and E-Contract Systems for Licenses

In line with its efforts to improve ease of doing business in Abu Dhabi, the Abu Dhabi Department of Economic Development (ADDED) has introduced an e-contract and e-signature system with the aim of improving the mechanism of granting economic licenses for one-person firms and limited liability companies.

The move aims to speed up the licensing of applicants by receiving a Qualified Memorandum of Association (MoA) through the Abu Dhabi Business Center website of ADDED by using the UAE Pass (the national digital identity), thereby removing the need for a notary to inspect the document.

Rashed Abdul Karim Al Balooshi, the Undersecretary of ADDED, stated that the new system introduced is...