Dubai: The Department of Economic Development (DED) has completed adding descriptions for 2,000 business activities permitted in Dubai in a move to streamline its business registration and licencing services, it said in a statement on Monday.
DED completed adding descriptions for half of the permitted activities in the first half of 2013, and 1,000 more activities were added by December 2013. Each licence will include the licence type (commercial, professional or industrial) and a group of activities permitted under that licence.
“Licence holders will now have clarity on what they can or cannot do under their licence…investors can avoid penalties and maintain better focus on their core activities with the licensed activities clearly listed,” Ahmad Ebrahim, director of business registration and licensing (BRL) at DED, said in the statement.
Listing business activities permitted under each licence will make it easier for investors since it will remove ambiguity on the activities permitted under commercial, industrial and professional licences, according to the statement.
“Clear and transparent procedures and systems are essential to attracting investors and facilitating businesses in line with the steady improvements Dubai has won in the global indices on the ease of doing business,” Ebrahim said.
