He chaired the meeting of the Executive Council ... and directed that Dubai be the best and easiest city in the world to do business
Mohammed bin Rashid launches "Invest in Dubai", the largest unified platform for granting commercial licenses within minutes
Mohammed bin Rashid during the launch of the new platform in the presence of Hamdan bin Mohammed and Maktoum bin Mohammed.
WAM
picture
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, chaired the meeting of the Dubai Executive Council at the Mohammed bin Rashid Solar Energy Complex, in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, And His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, First Deputy Chairman of the Executive Council.
Hamdan bin Mohammed: - “I thank my brother Maktoum bin Mohammed for his continuous follow-up and leadership of the efforts of the (Invest in Dubai) team, which will continue its work under his supervision.” - "Dubai is proceeding resolutely in implementing its plans and laying clear and solid foundations for the growth and stimulation of its economy." - “The emirate has an economic environment that attracts investment, and provides all the elements for business continuity and success.” |
During the meeting, His Highness Sheikh Mohammed bin Rashid Al Maktoum launched the 'Invest in Dubai' platform, the unified digital platform for establishing businesses, with the aim of establishing Dubai as a global investment destination and the ideal choice for investors and entrepreneurs locally and internationally, by offering the platform's unique experience of practicing Business in a manner consistent with the style of smart Dubai, to be the largest unified platform that gives investors the opportunity to obtain commercial licenses and start business within a few minutes, in an easy and smooth manner that saves time and effort.
His Highness praised the efforts of the Dubai government work team, led by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, and his brother His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, especially with regard to enhancing the investment environment in the emirate, increasing investment opportunities, expanding the circle of attracting capital, and attracting Talents and people with creative ideas and great ambitions, and facilitating all procedures related to the investment and business sector in general, directing His Highness to redouble efforts in order for Dubai to be the best and easiest city in the world in doing business and harnessing all potentials and energies to achieve this goal.
His Highness said in a tweet on “Twitter” yesterday: “I chaired a meeting of the Executive Council in Dubai, during which we launched the platform
https://invest.dubai.ae
.
A unified digital window for 2000 commercial activities that unify operations and complete all transactions and link the various local, federal and banking entities to start business in Dubai.
20 agencies .. 4 months and 80 thousand hours of work .. Thank you to the work team.
Stimulating the economy
For his part, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum affirmed that “Dubai is proceeding resolutely in implementing its plans and laying clear and solid foundations for the growth and stimulation of its economy, thanks to the foresight vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, which was at the forefront of the ingredients that strengthened the ability The emirate is to keep pace with the rapid changes and make it a distinct economic destination at the regional and global levels, as Dubai has an attractive economic environment for investment, and provides all the elements for continuity and success of business, and is ready to keep pace with various circumstances and challenges and turn them into opportunities in an innovative way, especially in light of the current global conditions whose effects have been reflected. On all sectors, while the strong digital infrastructure that Dubai established two decades ago and contributed to designing effective economic solutions, it is able to meet the aspirations of the community of investors and entrepreneurs. ”
His Highness said: “We are working to achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, by removing all obstacles and overcoming any difficulties for investors, unifying and facilitating procedures and adopting the concept of a single and interconnected government, and we promise His Highness to implement his vision in making Dubai the best city in the ease of practicing Business, and nothing will deter us from being the number one in the world.
The "Invest in Dubai" platform is a new step that supports our orientations towards the future, and an addition that strengthens our ability to achieve better economic results, and establishes the emirate's position as the best global destination for investment. "
His Highness stressed that «the good reputation and great confidence that Dubai enjoys among global investors, stems from a set of basic factors, including: the flexibility of its economy, the integrity of its legislative environment, the strength and efficiency of its infrastructure, as a modern and renewable city and an ideal and fertile environment that attracts investors of all nationalities While Dubai has succeeded in building an integrated investment system based on adopting advanced technology for continuous development and improvement, in a way that supports the growth of the economic sector and enhances its efficiency.
His Highness the Crown Prince of Dubai expressed his deep thanks and appreciation to his brother, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, for leading the "Invest in Dubai" team, which directed His Highness to continue its efforts under the supervision and under the leadership of His Highness the Deputy Ruler of Dubai, to achieve more achievements, including The launch of this unified platform, which came as a result of the cooperation of more than 20 government agencies, as this distinguished team will complete its bid to unify and facilitate procedures and accelerate them to serve investors and entrepreneurs, and confirm Dubai's position as the best, most preferred and easiest destination in terms of procedures related to investment and doing business.
The first two licenses
His Highness Sheikh Mohammed bin Rashid Al Maktoum witnessed, in the presence of His Highness the Crown Prince of Dubai and His Highness the Deputy Ruler of Dubai, the first two commercial licenses were issued through the "Invest in Dubai" platform, for Emirati entrepreneur Mona Al Mutawa and the British investor, Sina Tabiwand.
The "Invest in Dubai" platform is considered the single window for doing business. It includes commercial licensing services and obtaining all government requirements and approvals in a central platform without reviewing any service center. It also provides a set of packages and value-added services to facilitate the start of the business.
The platform enables investors to obtain insights and ideas about investment opportunities and prospects for development sectors, and to learn about all steps of establishing a business in Dubai, in addition to the options available for investment in commercial areas in the city and in free zones, as well as information about the business map in Dubai, and vital economic sectors, Business incubation costs, foreign direct investment statistics, etc.
Investor needs
The "Invest in Dubai" platform is comprehensive in terms of meeting the needs of investors and entrepreneurs to establish their business in Dubai. The platform covers the entire business cycle, starting from searching for the appropriate opportunity, registering a trade name, obtaining the initial approval for issuing the license and the requirements of the relevant government agencies. And until the commercial license is obtained.
The platform also offers a set of packages and value-added services to facilitate the start of the commercial project, such as issuing the establishment card required by the Federal Authority for Identity and Citizenship and the Ministry of Human Resources and Emiratisation, the allocation of employment quotas, the documentation of the establishment contract from the Department of Economic Development, and the documentation of a rental contract from the real estate registration, And membership of the Dubai Chamber.
Through the "Invest in Dubai" platform, the investor can access all the information he needs regarding the requirements and conditions for issuing commercial licenses and all related fees in Dubai for more than 2000 commercial activities.
He can also obtain licenses for his company and other commercial licenses immediately through an integrated digital experience with an investor-centered focus, without the need to visit service centers and the paperwork required to establish companies.
The platform also provides the opportunity to manage businesses through a personalized dashboard that provides an overview of partners, licenses, key performance indicators, and other useful features.
"Invest in Dubai" platform
The largest unified and trusted platform with information for more than 2000 business activities in the emirate.
- Standardizing procedural processes and completing services and transactions without the need to visit service centers.
Providing value-added services, including: opening a bank account, issuing the establishment card, and services that facilitate the establishment of companies.
- Interactive tools to guide the investor about the most desired commercial activities according to geographical locations, through the business map.
Platform development
The "Invest in Dubai" platform, which takes into account the comprehensive investor experience, was developed under the leadership of the General Secretariat of the Executive Council, with the participation of: the Dubai Department of Economic Development and Smart Dubai, in addition to the formation of a work team consisting of more than 70 government employees representing the Ministry of Human Resources and Emiratisation, The Ministry of Economy, the General Administration of Dubai Civil Defense, the Dubai Free Zones Council, the General Administration of Residency and Foreigners Affairs in Dubai, the Dubai Police, the State Security Agency, the Security Industries Regulatory Agency, the Dubai Municipality, the Dubai Courts, Dubai Customs, the Lands and Properties Department, the Department of Tourism and Commerce Marketing The Dubai Civil Aviation Authority, the Dubai Health Authority, the Roads and Transport Authority, the Dubai Maritime City Authority, the Telecommunications Regulatory Authority, the Dubai Sports Council, the Islamic Affairs and Charitable Activities Department, the Knowledge and Human Development Authority, and the Community Development Authority, in addition to direct cooperation and coordination with the private sector The strategic supporter of the economic development efforts in the emirate, represented by the Emirates NBD Bank.
4 months
The work on the project to prepare the platform took about four months, which included more than 80 thousand hours of work, and the development of an integrated and interconnected platform that elevates Dubai's position as an attractive destination for investment, where the Dubai Department of Economic Development will manage the platform that can be accessed through the link «
invest.dubai.ae
».
The first two licenses were issued through the "platform" for an Emirati entrepreneur and a British businessman.
Follow our latest local and sports news, and the latest political and economic developments via Google news