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Ministry Of Economy & The Licensing Authorities Begin Issuance Of Written Warnings To Establishments Violating UBO Procedures

Ministry Of Economy & The Licensing Authorities Begin Issuance of Written...

Imposition of fines to begin in July 85% of establishments in the country implement ultimate beneficial owner procedures while 15% fail to comply during the...

Foreign Investors in UAE Now Benefit from Full Ownership in Most...

- 59 investors in Dubai have benefited from the decision so far - No additional fees, guarantees or capital required for full foreign ownership - 100%...

Effective June 1st, UAE Commercial Companies Law allows 100% Foreign Ownership

UAE Ministry of Economy announced that the amended Commercial Companies Law will come into effect on June 1st, 2021, allowing foreign investors and entrepreneurs...

Dubai Economy, Hotdesk Partner to Support DED Trader Licence Owners

The Business Registration and Licensing (BRL) sector of Dubai Economy has partnered with Hotdesk to help DED Trader License holders find and book flexible...

Dubai Economy Issues 32,158 New Business Licenses So Far in 2020

The Business Registration and Licensing, BRL, sector in Dubai Economy issued 32,158 new licenses during the first 10 months of 2020, an increase of...

Dubai Economy: Most Preferred Ares for New Businesses

5 locations across the city account for 43.7% of the total new licenses issued in the first half of 2020 A report issued by the...

GCC Small Business ‘Boom’ to Drive Post-COVID Economy as Commercial Registrations...

Commercial registrations increase 109 percent in Bahrain amid new wave of entrepreneurs 99 percent of businesses in Saudi Arabia are SMEs making 64%...

New Opportunities at DIFC Through Expanded Prescribed Company Regime

· Expanded Prescribed Companies Regime available to wider range of applicants · The expansion aligns with international best practices and local market requirements Dubai International Financial...

Jafza Signs Agreement with Emaar Malls to Facilitate Business Licensing beyond...

The Jebel Ali Free Zone, Jafza, has agreed to extend its expertise in business licensing, visas and other related activities to Gold & Diamond...

Dubai Sees 179% Increase in DED Trader Licences in Q1 2020

‘DED Trader’ licence sees strong interest with online business and e-Commerce growing 5,353 DED Traders already conducting diverse businesses online and on social...

550 Instant Licences issued in Q1 2020, says Dubai Economy

• Market fees for Instant Licence revised from AED3000 to AED250 • Instant Licence in 5 minutes; option for electronic MOA, and virtual site enough...

Dubai Economy Issues 14,366 Business Registrations in 1 Month; 66% Online

License renewal transactions through smart and electronic channels accounted for 86% Stay at home and complete your transactions electronically, safely and easilyThe Business...

DIFC Reports 14% Growth in Total Number of Businesses

The Dubai International Financial Centre, DIFC, announced a record growth in 2019, registering an addition of 493 new businesses for the year. The total number...

Abu Dhabi Reports 63.9% Increase in Business Licenses Issuance in 2019

Commercial licenses represent 95 per cent of newly issued licenses in 2019 More than 2,000 Instant licenses were issued in Abu Dhabi in...

Dubai Economy: Business Registration and Licensing Up 22% in January

Overall, 30,582 business registration and licensing transactions were recorded Dubai Economy issued 4,076 new licenses that created 10,782 jobsThe Business Registration and Licensing...

Dubai DED issues 2,805 new licenses in April 2019

93 new licenses issued daily during April 2019 The new licenses created 8,375 jobs in the labor market. Deira accounting for the largest...

DED and e25 partner to support DED Trader licence owners

The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) in Dubai is partnering with e25, Emaar’s in-house innovation lab,...

Dubai DED issues 2,204 new licenses in February 2019

Dubai DED issues 2,204 new licenses in February 2019 Bur Dubai accounts for the largest share (1,163), followed by Deira (1,038) Dubai is...