Commercial activities topped the list with 74%.

10.7 thousand licenses were automatically renewed in Dubai during July

Dubai Economy has launched the automatic renewal service to raise customer satisfaction and facilitate their transactions.

From the source

Dubai Economy reported in a report issued by the commercial registration and licensing sector that 10,716 licenses were automatically renewed last July, explaining that commercial activities topped the renewed licenses by license category by 74%, followed by professional activities by 22%, while the rest of the percentages were distributed among activities industrial and tourism.

Regions

The report added that the largest share of automatically renewed licenses in July 2021 was for the Bur Dubai region with a total of 6009 licenses, according to the main regions in the emirate, then the Deira region with a total of 4,684 licenses, and finally the Hatta region with 23 licenses.

The Dubai Economy report indicated that as for the distribution of these licenses according to the highest sub-regions in Dubai, it was as follows: Burj Khalifa, Al Karama, Naif, Port Said, First Trade Center, Al Nahda One, Al Marar, Mankhool, Ayal Nasser, and Al Garhoud.

Legal form

The automatically renewed licenses were distributed, according to the legal form, as follows: Limited liability companies topped 62%, followed by individual institutions with 23%, while the rest of the percentages were distributed among civil works companies: Limited Liability Companies - One Person (LLC .), branches of companies based in another emirate, branches of foreign companies, branches of companies/organizations based in a free zone, branches of Gulf companies, public joint stock companies, partnership companies, limited partnership companies, private joint stock companies, and government liaison offices.

Facilitate transactions

Dubai Economy had launched the automatic renewal service to raise customer satisfaction, facilitate their transactions and save time to complete them smoothly in Dubai. The customer's journey to renew a commercial license previously included four visits and seven steps.

The initiative is a proactive service, as the customer receives a message to renew his expired license, which includes payment channels, and the customer only has to pay for the renewal.

Activities Not Included

It is noteworthy that there are four economic activities of the Roads and Transport Authority in Dubai, which are not covered by the automatic renewal service, which are: transporting passengers by public taxis, transporting passengers with luxury cars, car rental, and non-emergency passenger transport services, as well as two activities for the Department of Tourism and Promotion Commercial, they are: organizing domestic tourist trips, and organizing foreign tourist trips.

Payment of fees

Customers can pay the fees for the automatic renewal service through the electronic payment channels, which include the Dubai Smart Government portal, “Aafaq Collection”, DED Business application, Commercial Bank of Dubai (for bank customers), and Dubai Islamic Bank (for bank customers).

They can also pay through “Aafaq Islamic Finance” company via bank transfer, or deposit in the ATMs of Dubai Islamic Bank.

Payment can be made in cash through Commercial Bank of Dubai and Emirates Islamic (all branches/ATMs).

"Invest in Dubai"

Commercial licensing and business start-up services can be obtained in the Emirate of Dubai within a few minutes, in an easy and smooth manner that saves time and effort, through "Invest in Dubai", the unified digital platform for establishing a business without visiting any service center.

The following services are available on the platform: initial approval, trade name reservation, instant licenses, Mohammed bin Rashid Establishment for Small and Medium Enterprises Development licenses, launch licenses, merchant licenses, in addition to electronic incorporation contracts, and commercial licenses renewal service.

To start any commercial project, you can visit the platform via the link: (invest.dubai.ae), or contact the call center at (600500006).

Bur Dubai acquires the largest share of renewed licenses with 6009 licenses.

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