In a groundbreaking move to enhance business operations and foster a more business-friendly environment, Dubai’s Department of Economy and Tourism (DET) has introduced the ‘Dubai Unified License’ (DUL). This innovative commercial identification is set to revolutionize the way businesses in Dubai operate, bringing about a streamlined approach to various business processes. In collaboration with the Dubai Free Zones Council, the DUL initiative aims to create a unified digital registry, consolidating all economic establishments in Dubai into a single platform for efficient data management and sharing.
Efficiency and Competitiveness:
The Dubai Unified License is set to simplify and expedite the setup and operational procedures for businesses in Dubai, irrespective of whether they hold a mainland or free zone license. By doing so, the initiative enhances efficiency and significantly reduces the time required for companies to establish and manage their operations. This streamlined process contributes to bolstering Dubai’s competitiveness as a global business hub, making it an even more attractive destination for international investors and entrepreneurs seeking a hassle-free business environment.
Transparency and Trustworthiness:
The unified digital platform introduced by the DUL ensures greater transparency and ease of access to business-related information. This move enhances Dubai’s appeal as a dynamic and trustworthy investment destination. The initiative aligns perfectly with Dubai’s ambition to be recognized among the top three global cities for business and investment. The emphasis on transparency and ease of access to information positions Dubai as a frontrunner in the global economic landscape.
Thorough Validation and Screening:
As part of the DUL initiative, businesses in Dubai will undergo thorough validation, verification, and screening by the appropriate authorities to receive their unique digital identity. With over 50,000 licenses already issued by DET, plans are underway to issue more in the coming period, covering all registered companies in Dubai mainland and Free Zones.
Key Players’ Perspectives:
Helal Saeed Al Marri, Director-General of the Dubai Department of Economy and Tourism, emphasized the city’s forward-thinking mindset, highlighting the DUL as a key initiative fostering sustainable economic growth and consolidating Dubai’s standing as a global city of innovation. Dr. Mohammed Al Zarooni, Secretary-General of the Dubai Free Zones Council, highlighted the successful collaboration that led to the completion of the DUL initiative, showcasing the teamwork and constructive cooperation among various entities.
Key Features and Benefits:
The Dubai Unified Licence offers a range of key features and benefits, including easy access to verified DUL data, simplified issuance of No Objection Certificates (NOCs), and permits for economic activities. The initiative also aims to facilitate banks in opening accounts for Dubai-based companies with enhanced ease and efficiency.
QR Code Implementation:
Businesses can use their unique DUL QR Code on their premises, websites, and social media accounts, replacing traditional trade license certificates. This QR Code enables government entities, service providers, suppliers, and customers to scan and retrieve information about the company, enhancing the overall customer experience.
Conclusion:
The launch of the ‘Dubai Unified License’ marks a significant milestone in the digitalization of government services in Dubai. This forward-thinking initiative is poised to transform the business landscape by simplifying processes, enhancing transparency, and promoting a more efficient and competitive business environment. As Dubai continues to position itself as a global business hub, the DUL stands as a testament to the city’s commitment to innovation, excellence, and economic growth.
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*the above article is published and taken from www.getcompany.ae.
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