Dual License in Dubai
Earlier, the Department of Economic Development (DED) didn’t approve of obtaining more than one business license in Dubai. But now that the dual licensing has been approved by the DED. If you want to get a Dual license in Dubai then you can get the Dual License by registering your business at Dubai Airport Free Zone Authority (DAFZA) & Dubai International Financial Centre (DIFC).
The DIFC has signed a Memorandum of Understanding (MoU) with DED; to allow companies operating within the DIFC to apply for Mainland License in Dubai.
The Dubai Airport Free Zone Authority (DAFZA) has signed a Memorandum of Understanding (MoU) with the DED to allow companies operating within the DAFZA to get licenses to operate in Dubai mainland.
The dual licensing system allows foreign free zone companies to broaden their business to the Dubai mainland. The dual licensing system will enable more business opportunities to the investors in Dubai.
And also, the dual business system allows the authorities to assure better governance & regulations. Under the agreement, the DED have the power to modify or add to the existing activities of the businesses.
For more details, Contact us: +971 52 544 1248
Find out how much it cost you to setup your Dream Business
Other Recent Blogs
What Does Foreign Direct Investment (FDI) in the UAE Mean for Your Business?
The United Arab Emirates is known around the world for its business-friendly environment. Over the years, the country has put new rules and regulations into place to attract foreign investors, and it has paid off big time! Switzerland, the United Kingdom, India, the...
Top 10 Profitable Business Ideas in UAE for 2021
There’s no doubt that the pandemic has impacted the way that businesses operate. Business owners in Dubai and from all around the world had to change their structure and uncover new opportunities to succeed during the pandemic.
What Does the UAE’s New Company Ownership Rule Mean for Your Business?
Officials in the UAE are hoping for an explosion of foreign investment, that’s because they’ve revamped their company laws to allow foreign investors to fully own local companies without the need of an Emirati sponsor. This is a huge deal for foreign entrepreneurs!
How Can I Become a Travel Agent in Dubai?
If you’re thinking of starting a business in Dubai, you can’t go wrong with a travel agency. The tourism industry is booming due to the popular shopping spots, stunning architecture, dining,
Women Entrepreneurship In The UAE
If you’re a female entrepreneur, the United Arab Emirates is the place to be. That’s because the country offers greater gender equality than any other country in the region. And women entrepreneurs are noticing because now, more than ever before, women are taking...
Getting Your Tax Resident Certificate in UAE
One of the main advantages of doing business in the United Arab Emirates is the preferential tax treatment that businesses get. The UAE has a 0% corporate income tax for individuals and legal entities, which is ideal for anyone wanting to own their own business. But,...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news