Tuesday, 22 May 2012
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Dubai Department of Economic Development (DED) recently introduced an online business licensing service on its official website for new and existing business, even for potential investors.
The service is a key initiative, expected to be a great value addition to businesses as it facilitates more convenient business registration enhancing ease of transactions.
Mohammed Shael Al Saadi, Chief Executive Officer, Business Registration and Licensing Division, DED, said in an official statement, “The strong demand for the use of eServices highlights our success in achieving DED’s goal of promoting eGovernment initiatives, driving the evolution of a knowledge-based economy.”
The range of eServices offered by DED include reserving and renewal of trade name, renewal of licenses, initial approval of licenses permits for most activities, and updating trade license data.
The eServices also include Transaction Status whereby customers can check the status of the transaction by using a transaction number, license number or initial approval number; Search Trade Names enables users to reserve trade names or find out if the desired name is already taken; and Company Lookup helps to search for existing companies operating in Dubai and gain information on their contact details and business activities.
“DED believes in continuous improvement and is implementing the eStrategy to enhance and expand its online services according to world best practices and customer feedback. This complements our strategic objective of creating an investor-friendly environment and encouraging investors to regard Dubai as their investment destination of choice,” Al Saadi added.
Business owners must present a sealed lease contract authenticated by Dubai Real Estate Regulatory Authority to issue, renew or transfer the location of business licences, according to DED. It will ensure the validity of commercial contracts, as well as strengthen the relationship between investors and tenants.
According to DED, the Business Registration and Licensing Division will continue to provide more tech-driven and value-added services to cope with the growth of businesses, and to position the department as the best government agency offering services leveraging the latest technologies.
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