Dubai: The Department of Economic Development (DED) in Dubai on Sunday announced that it will allow business owners to practice industrial, commercial and professional activities under one licence.
Earlier, business owners in Dubai could only get individual licences for each activity.
This latest move aims to ease the process of engaging in business activities in Dubai and add value to the market and business owners as well, said Ahmad Ebrahim, Director of Registration Department in the DED said.
“There are around 11,800 industrial licences in Dubai that can benefit from the new decision which allows them to engaged in commercial and professional activities from the company current location.”
This reduce cost on the business owners as well as allow further expansion in the market, he added.
Mohammad Al Shael, Mohammad Shael Al Sa’adi, CEO Business Registration and Licensing of the Department for Economic Development in Dubai (DED), told Gulf News that today businesses will be free to have a unified licence for industrial, commercial, professional activities under one business licence. Additional activities can be added by signing a memorandum of association.
He added this can be done but under certain conditions related to the business location and environment.
This can be done for minimal charges far below than issuing an individual licence for each activity.
