Allows you to apply for a trade name and license in 6 minutes
Launching the “Investor’s Journey” in Abu Dhabi through the “Tamm” platform with new tools
Muhammad Ali Al-Shurafa: “(The Investor’s Journey) is the beginning of a project that will move the system of licensing services for economic activities into a smart digital one.”
The Department of Economic Development in Abu Dhabi and the Abu Dhabi Digital Authority launched, at GITEX Global 2021, which concluded its activities the day before yesterday, the “Investor’s Journey” through the unified government services system “Tamm”, which is a new digital window to meet all the requirements of investors to practice economic activity in Abu Dhabi, starting from the stage of exploring investment opportunities, and ending with the start of activity.
The "Investor's Journey" is the result of a joint cooperation between the Department of Economic Development in Abu Dhabi and the Abu Dhabi Digital Authority, in coordination with a number of local and federal government and semi-government agencies and the private sector, and includes new tools to better guide new investors, to allow applying for a trade name and trade license. Online in six minutes.
The head of Abu Dhabi Economy, Mohammed Ali Al-Shurafa, said that the launch of the "Investor's Journey" is the beginning of an important strategic project that aims to move the system of licensing services for economic activities in the Emirate of Abu Dhabi to integrated smart digital services that simulate all investors, by simplifying operations and requirements, and providing them electronically. In an integrated manner, which translates the directions of the Government of the Emirate of Abu Dhabi to achieve the goals of the digital transformation strategy for government services.
For his part, the undersecretary of the department, Rashid Abdul Karim Al Balushi, said that the "Investor's Journey" is characterized by containing new tools to better guide new investors, the most important of which is the "Search for Licenses" tool that guides investors through a smart questionnaire, and helps them determine the legal form, type It also provides them with the opportunity to review the required information and data before starting to practice the activity, through the use of the “Business Start-up Simulator” tool.
He added: "(The Investor's Journey) allows investors to apply for a trade name and a commercial license online within six minutes, in addition to locating the start of business, through a window to download a documented contract, which provides the advantage of preparing contracts such as the company's articles of incorporation, Or a service agent contract for all types of applicable licenses, and sign them all online.
In the same context, Sameh Al Qubaisi, Executive Director of the Executive Affairs Office of the Department of Economic Development in Abu Dhabi, stated that one of the advantages of the "Investor's Journey" is that it enables the opening of a bank account with Mashreq Bank, by providing all the license and personal data of the investor in advance.
He added, "We look forward to partnering with more banks, governmental and semi-governmental agencies, and the private sector during the next stage," noting that the department is working to enhance the role of (the investor's journey), by adding more government services, such as: inquiring about the list of permitted workers, Issuance of work permits, and (the Investor’s Journey) provides a great opportunity for investors to share their proposals for developing and improving services, to meet their aspirations, ambitions and needs inside or outside the country.
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