Business Licensing In Dubai Retains Momentum In February

The Department of Economic Development (DED) issued 1.646 new business licences during February 2018 and completed 23,407 transactions business registration and licensing as Dubai maintained its ability to attract businesses looking to grow competitively and sustainably. Of the total, 11,300 transactions were related to renewals while 2,060 Initial Approvals were given and 3,029 trade names reserved during the same period, as seen on the ‘Business Map’ digital platform.

The ‘Business Map’ tracks business registration and licensing in DED and seeks to reflect the economic realities in Dubai by providing vital data on each license category, including their numbers and distribution as well as investor trends on a monthly basis. February 2018 also saw 1,646 transactions relating to commercial permits, 1,644 Auto Renewals, 11 Instant Licences and 67 e-Trader licences.