ARTICLE · 17 NOVEMBER 2011
Single Portal For Dubai Licensing
With the aim of promoting Dubai as the regional hub for business in the Middle East, the Government of Dubai recently introduced a new Licensing Law that delegates to DED the responsibility of streamlining and updating the current licensing system as well as, more generally, regulating economic activities in Dubai.
United Arab EmiratesFinance and Banking
With the aim of promoting Dubai as the regional hub for business
in the Middle East, the Government of Dubai recently introduced a
new Licensing Law that delegates to DED the responsibility of
streamlining and updating the current licensing system as well as,
more generally, regulating economic activities in Dubai. Sharhzad
Molavi highlights the main provisions of this new law.
In Brief:
- The new Licensing Law, through a single portal, aims to
facilitate improved coordination between various relevant
authorities to regulate economic activity in Dubai, particularly
with respect to licensing and permissions for small and medium
sized businesses.
- The new Licensing Law has assigned the Dubai Department of
Economic Development (DED) the task of overseeing this move towards
a streamlined process for licensing as well as, more generally,
regulating various economic activities in Dubai, outside the free
zones.
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