gulfnews : Dubai to issue investors instant trade licences

The Dubai Department of Economic Development (DED) is planning to issue instant trade lic-ences to investors under a new ‘120 days hassle free licence' initiative that will be launched this year.
The move, which will allow investors to have their licences issued immediately, will drastically simplify the investment and business registration process, depending on the risk factors of the intended business activity.

“ The 120-day licence is part of DED's efforts to enable businesses to make full use of the advantages of Dubai and improve the emirate's ranking in the Doing Business Report of the World Bank ”
Mohammad Shael, Chief Executive Officer of the Business Registration and Licensing (BRL) Division

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