DED's business registration department issues over 10,000 Dubai licences this year

02/11/2006

So far this year, the business registration department at the Department of Economic Development (DED) in
Dubai has issued over 10,000 licenses for local businesses. The licenses were issued in five categories - commercial, professional, industrial, tourism and Intlaq (for UAE nationals to set up small, home-based individual businesses).

The majority of the licences were issued in the commercial sector, where general trade topped the list, followed by watches and accessories, readymade garments, gifts, handbags and leather products, and toys.

The business registration system at DED has been thoroughly streamlined and made more user-friendly. Investors can now set up businesses with the minimum of procedures and paperwork, with DED assisting with dealings with other government departments.