Dubai's Department of Economic Development (DED) is set to unveil a new service that will centralise how business investors and owners licence their business, according to an official close to the matter.
"There are many steps new investors and business owners need to take before licensing a business, including with the municipality, land department etc. This new service will allow them to file for documentation and pay any and all fees associated with licensing a business in one online location," he said.
DED is currently exhibiting a demonstration of the new service at the Gulf Information Technology Exhibition (GITEX) being held in Dubai from October 14-18 at the Dubai World Trade Centre.
"We are first showcasing this service to professionals at the event and will look to launch it officially in the next two weeks," he said.
DED has been working on a range of initiatives to facilitate new business licensing and registration in a bid to spur the emirate's economy.
Last month it announced businesses within certain freezones would be able to carry dual licenses that will allow them to conduct businesses on the mainland in the Emirate.
Earlier in the year, it also launched a '5-minute business registration' service aimed at startups and new businesses that wanted to test their products in the market without needing to fulfill the requirements traditionally associated with conducting business in Dubai, such as renting office space.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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