Dubai Economic Department offers new services

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Dubai Economic Department offers new services

Dubai - "The Department of Economic Development is focused on helping businesses overcome obstacles and keeps abreast of the constant evolution in doing business locally and internationally."

By Staff Report

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Published: Wed 14 Oct 2015, 12:00 AM

Last updated: Wed 14 Oct 2015, 10:49 AM

The Department of Economic Development (DED) in Dubai has launched three new services under a 'Hassle-Free' initiative in order to simplify procedures for business owners.
The three new services - 'Starting a business,' 'Automatic renewal,' and 'Special advisor'- are part of DED's strategy to develop vital economic sectors, boost investor confidence and promote competitiveness thereby strengthening Dubai's position as a competitive and sustainable business hub.
Sami Al Qamzi, director general of the DED said that the new services will add significantly to the ongoing efforts to facilitate procedures for trade license holders, improve customer satisfaction as well as customer convenience.
"The Department of Economic Development is focused on helping businesses overcome obstacles and keeps abreast of the constant evolution in doing business locally and internationally. A range of smart services are also being launched to serve investors and businessmen in the emirate, which will also promote economic activity and sustainable development," said Al Qamzi. The 'Starting a business' service integrates three initial steps in business registration - trade name reservation, initial approval and the article of association - into one easy step. The service is limited to new limited liability companies and a fixed legal contract will be issued to the client on condition that it cannot be modified.
The 'Automatic renewal' service has two components. The first is a text message sent from DED to license holders alerting them on the impending expiry of licenses, provided with a payment authorisation and an electronic link through which the client can pay the required fee and get the license renewed. The second is a text message sent on expiry of the license to the license holder with the expiry date and payment authorisation as well as an electronic link for fee payment and renewal.
The 'Special advisor' service targets large business groups and commercial centres in Dubai. Staff and accredited national representatives from these organisations will be trained by DED to provide services such as trade name reservation, initial approval, and license renewal.
- business@khaleejtimes.com


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