Dubai DED: 4,796 new licenses were issued in Dubai in February 2021
The Business Movement Report issued by the Commercial Registration and Licensing Sector in Dubai Economy showed that the total number of new licenses issued during the month of February 2021 reached 4,796 licenses, with a growth rate of 3.4% compared to February 2020, when 4,639 licenses were issued.
The licenses issued during February 2021 were distributed among several activities according to the category of the license, the foremost of which was professional / 2,730 /, at 57%, followed by the commercial / 1,992 / by 41.5%, and the rest of the percentages were distributed among the tourist and industrial sectors.
The report sheds light on the distribution of licenses issued during the month of February 2021 according to the main regions in the Emirate of Dubai, and the largest share was for Bur Dubai with a total of 2,831 licenses, then Deira with a total of 1,960 licenses, and finally, Hatta with 5 new commercial licenses.
The figures confirmed that Dubai's economy will continue to support and enhance the ambitious development path of the Dubai economy towards excellence, and to consolidate the emirate's position on the economic map as a center for business and finance in the region and the world.
As for the legal form of licenses issued during the month of February 2021, individual establishments accounted for about 39% of the total, while establishments with limited liability accounted for 34%, followed by civil works with 23% .. The rest of the list of legal forms included each of the limited liability companies. - one person / LLC /;
Branches of companies based in another emirate;
Branches of companies / establishments based in a free zone;
And branches of foreign companies.
The most prominent activities of the new licenses issued during February 2021 included project management services, paints and paints, floor and wall paving works, carpentry and flooring works, building and housing cleaning services, plaster works, plumbing and sanitary installations, installation and maintenance of air-conditioning, ventilation, and air purification systems. , Wallpaper installation, installation of suspended ceilings and light partitions.
Dubai Economy focuses in its strategy on facilitating procedures for commercial transactions and licenses in Dubai, and the commercial registration and licensing sector is keen to keep pace with everything new to develop and provide value-added services and initiatives for customers within high-quality standards to reach the primary goal of Dubai being at the forefront of smart cities at the level. Global.
Dubai Economy works to provide motivational and moral support to launch projects and commercial establishments, which confirms the extent of interest in new companies, and keenness to closely follow the reality of business, in addition to enhancing the confidence of new and existing companies in the reality of business and commercial movement in Dubai and that the responsible authorities consider them an economic player and a competitive contributor. In developing the emirate's economy.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, recently launched the “Invest in Dubai”
platform https://invest.dubai.ae/ar/home, the unified digital platform for business establishment, To establish Dubai's position as a global investment destination and the ideal choice for investors and business leaders locally and internationally, by offering the platform's unique experience of doing business in a manner consistent with Dubai's smart style, to be the largest unified platform that gives investors the opportunity to obtain commercial licenses and start business within a few minutes, and in a manner. Easy and smooth saves time and effort.
The "Invest in Dubai" platform is considered the unified 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 .. It is the largest platform. Standardized and reliable information from more than 2000 businesses in the emirate.
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 the commercial areas of the city and in free zones, as well as information about the business map in Dubai, the vital economic sectors and costs Incubation of business and foreign direct investment statistics, among others.
The “Business Map” www.dubaibusinessmap.ae sheds light on the economic climate of the Emirate of Dubai, highlighting the movement of economic activity, the most prominent indicators of the monthly movement of commercial companies, and the level of increase in the movement of new licenses issuance.
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