A new initiative has been launch by the Department of Economic Development doctor’s degree which will alter householders to renew their business licenses automatically through a straightforward text message (SMS). The householders will merely send a text message to ‘6969’ that they are planning to then receive a payment voucher to new their trade license renewal if all the doctor’s degree desires are consummated. The owner will they have the selection to either pay its fee electronically through the phone or can then visit the nearest outlet and manually renew their business license.

DED hopes that this new initiative will facilitate improve the fight ranking of the UAE among the Doing Business Report of the world Bank furthermore as facilitate people conduct their Start business in Dubai in Associate in Nursing passing a great deal of useful manner.

Almost any kind of business license are revived through the SMS whereas not the need for any external approvals. associate estimate of 2,096 business activities have automatically revived that account for 9ty nine.8 percent of the licenses below varied legal forms. There ar four varieties of licenses that need associate external approval from the Roads and Transport Agency (RTA).

Omar Bushahab, executive director of Business Registration & Licensing (BRL) Sector in doctor’s degree aforementioned that ever since the launch of this initiative in 2015, they have been following in control the progress of the SMS services and have area unit planning to be practice feedback and suggestion from its customers therefore on assist develop the service.

One of the ways in which they followed in control the service was through a survey given to its customers. it had been visible that ninety per cent of the respondents felt that the service had significantly improved the business license renewal procedures. By creating this ‘Hassle Free’ initiative, doctor’s degree is prepared to eliminate any issues or challenges investors and business householders two-faced, allowing port to become a great deal of competitive and move towards achieving property economic development.

The service permits its users to renew their licenses and pay their fee in two steps whereas not the need of any work. Bushahab extra that doctor’s degree will endlessly raise to develop this service to increase consumer satisfaction and facilitate save time.

70 per cent of DED’s daily transactions revolve around the renewal of trade licenses making it’s the foremost vital share. completely different activities provided by the service embody, registration of latest contracts to the licence renewal system in partnership with the vital Estate regulatory agency (Rera), making it easier for investors and businessmen.

One of the ways in which during which the service has gotten eliminate its obstacles is by have a decent cooperative relationship with the government agencies. These co-operations will help can produce port one in all the foremost ideal locations for conducting business internationally.

The Department of Economic Development (DED) in port has launched a package to make it abounding easier for businesses to clear fines and renew their licences. The package will allow businesses to pay their fees and fines in easy instalments, freeze their trade license for a year associated acquire Associate in Nursing friendly settlement with doctorate on business violations.

The service package may be a part of enabling businesses to beat obstacles and take pride during a credit facility that may allow them to stay up their aggressiveness. doctorate had recently exempted corporations and business establishments in port from all fines obligatory on them and granted them until the highest of 2018 to renew their licences.

The new package permits for the payment of licence renewal fees and accumulated fines through convenient instalments among twelve months. doctorate is extending the power in cooperation with its strategic partner aafaq theism Finance and kind of native banks. Business homeowners can approach any of the doctorate service centres throughout port or visit the doctorate electronic computer for a great deal of details on the power.

Mohammad Al Shehi, Deputy CEO, company Support Services sector at doctorate, said: “The Department of Economic Development is committed to enhancing aggressiveness in port through extending additional services that facilitate business homeowners continue their activity and sustain their business. Eliminating all obstacles moon-faced by corporations is incredibly vital to develop the economy and build a competitive atmosphere tributary to investment in port.”

Avoid fines

The distributer can take pride within the instalment if fines and charges area unit accumulated for over a year. Investors can apply for the fees to not be paid and avoid fines simply just in case they have to concisely freeze doing business whereas long their license.

The release applies to fines issued before Pan American Day, 2018 and for fines issued once this date licence holders can good thing about the provision of friendly settlement and payment in instalments. The distributer United Nations agency requests friendly settlement mustn’t have benefited from the opposite exemptions following the first fine issued once Pan American Day, 2018. as such licence holders unit of measurement entitled to a fifty per cent reduction among the essential value of penalties issued for the first violation.

Al Shehi extra that invigorating businesses and giving improved flexibility to businessmen and investors unit of measurement a high priority for doctorate. “Facilitating payment of fees and fines in addition as licence renewals will eventually amendment port to attract investors and reinforce itself as a world commerce and economic hub.”

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