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The Department of Economic Development in Ajman (DED-Ajman) has started collecting a Corporate Social Responsibility (CSR) fee from companies and establishments applying for or renewing their commercial licence.
The move is in pursuant to Cabinet Resolution No. (2) of 2018 issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in February.
The DED-Ajman started collecting CSR fees since March 1, 2018.
Ali Issa Al Nuaimi, Director General of DED Ajman, said that CSR plays an important role in nation building and is an integral part of the overall operations of public and private entities. By steadily adopting and implementing a CSR program, social responsibility will become part of the UAE lifestyle, he added.
To help spread the CSR culture in the country, DED Ajman is calling on all employees and registered companies and establishments to take up cause-oriented initiatives and projects to help flourish the work environment and contribute to the CSR system development in Ajman.
Al Nuaimi further said: "CSR contributes to the development and sustainability of various sectors, as well as enhances cooperation between DED-Ajman and businesses operating in the emirate. It directly impacts our sustainable development and economic prosperity for the well-being and happiness of our people. Our latest move is also in line with the directives of His Highness Sheikh Humaid bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman."
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