Mohammed bin Rashid Issues Unified Digital Platform for Company Formation in Dubai
In a pivotal step aimed at enhancing the business environment, promoting economic growth, and improving the overall investor experience in Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has announced a groundbreaking new decree. This decree introduces the Unified Digital Platform, which is set to revolutionize the process of establishing companies in the UAE. This unified digital platform initiative aims to bolster Dubai’s economy by unifying licensing efforts across various authorities.
Simplified Integration for Streamlined Processes:
The revolutionary platform integrates a range of licensing processes in Dubai, including those overseen by the Department of Economy and Tourism, the Authorities of special development zones and free zones, and the Dubai International Financial Centre (DIFC), among others. By consolidating these processes, the platform aims to significantly enhance the investor experience and simplify the overall setting up and operating of businesses in Dubai. The goal is to provide investors with a streamlined channel for accessing information, obtaining licenses, and availing various services related to economic activities.
Regulating Licenses, Permits, and Approvals:
The new decree encompasses all economic activities in Dubai. It is designed to regulate the issuance of licenses, permits, and approvals. This initiative seeks to enhance clarity and simplicity, thereby ensuring that investors face fewer obstacles when
businesses in Dubai. By providing a more straightforward and transparent regulatory framework, the decree contributes to a more conducive environment for investment and business growth in the emirate.
Digital Transformation and Electronic Integration
The decree emphasizes the importance of electronic integration between licensing departments and other key entities. By aiming to eliminate duplication of procedures and enhance coordination between various entities, the platform supports Dubai’s digital transformation. This strategic move reinforces the city’s commitment to positioning itself as a digital economy hub. This will align perfectly with the objectives of the Dubai Economic Agenda D33.
Complementary Partnership for Business Setup in Dubai
With these groundbreaking initiatives, Business Link is reaffirming its commitment to providing nurturing support for businesses and foreign investors. Our experts are firmly establishing themselves as professional business consultation leaders in fostering company growth and innovation in the UAE.
