Distributed between professional and commercial activities.. "Burdubi" owns the largest share

Business Index.. Dubai Economy issues 8,702 instant licenses in 9 months

The issuance of the immediate license comes within the framework of Dubai's economic strategy aimed at facilitating business.

À Photography: Ahmed Ardeti

The commercial registration and licensing sector in Dubai Economy issued 8,702 instant licenses during the first nine months of this year, topped by licenses related to professional activities with 63%, followed by commercial activities with 37%.

Regions

A report issued by the sector indicated that the largest share in the distribution of licenses according to the main regions in the Emirate of Dubai was the Bur Dubai region with a total of 4,754 licenses, then the Deira region with a total of 3,948 licenses.

The report indicated that the distribution of licenses according to the most prominent sub-regions in the emirate was as follows: "Al Fahidi", "Burj Khalifa", "Al Karama", "Al Murar", "Mankhool", "The First Commercial Center", "Al Nahda First", and "Bur". Saeed, Nayef, Al Muraqqabat.

Legal form

The report added that the immediate licenses issued from the beginning of this year until the end of last September were distributed according to the legal form as follows: civil works first, at 38%, followed by limited liability companies by 25%, then individual institutions by 25%, and finally companies with liability Limited - 1 person at 12%.

Business Facilitation

The issuance of the instant license comes within the framework of the Dubai Economy strategy aimed at supporting the process of economic diversification, sustainable growth and competitiveness in the emirate, as it focuses on facilitating the practice of business, which contributes to the foresight and industry of a better future, in which Dubai is the first in the world in the attractiveness of strategic economic sectors, and the provision of services High quality according to the highest international standards.

automation

The Instant License initiative contributes to reducing human interaction by automating the licensing procedures, in addition to making it easier to obtain a commercial license.

The initiative ensures that businessmen are allowed to start practicing commercial activity as soon as the license is issued, and then complete the rest of the commercial license requirements, such as approvals from other relevant government agencies.

Advantages

The instant license provides the option of issuing an electronic articles of incorporation, obtaining the license and commercial register of the company, and membership of the Dubai Chamber through the same procedure instantly.

The license enables the immediate obtaining of the facility card of the General Administration of Residency and Foreigners Affairs, as well as the facility card of the Ministry of Human Resources and Emiratisation, where the customer receives a text message after issuing the license approving three employee permits.

Citizens Registration

The feature of registering “citizens” employees in the Ministry of Human Resources and Emiratisation was added when issuing the immediate license. .

Registration steps

The steps for registering “citizen” employees through the instant license include: clicking on “I want to register local workers with the license” when completing the instant license transaction in the electronic services, writing the person’s ID number, then pressing “Get Details”, and then verifying the person’s data and number. mobile phone, and click on “Send approval request”.

After approval by the text message, the person will click on “Approvals event”.

You can resend the text message or delete the approval from the same screen, then press “Add Person” to add the employee’s data, and finally enter all the data correctly, and press “Save” to print the payment authorization.

typical solution

The instant license service, which takes only five minutes to issue on the “Invest in Dubai” platform (invest.dubai.ae), with the option of a virtual location for the first year only, provides an ideal solution suitable for businessmen, who are now able to obtain a commercial license in the shortest possible time enabling them to establish and conduct business in Dubai easily and conveniently.

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