Friday 21 June 2024

Dubai DED's auto licence renewal system 'a big hit'

DUBAI, November 3, 2018

Dubai's Department of Economic Development (DED) said the auto renewal service launched by its Business Registration and Licensing (BRL) sector has seen a 34 per cent increase in the number of total renewed licences (115,700) during the first ten months of 2018. 
The latest BRL report showed that the percentage of auto renewal transactions accounted for 46.9 per cent during the last quarter of 2018 compared to 14.9 per cent during the first quarter of the same year.
Among the auto renewed licences issued, 74 per cent were commercial, 22 per cent professional, and 2 per cent related to tourism and industrial, each.
“Business licences can be auto renewed in two simple steps, and in less than two minutes. Business owners can send a text message with their trade licence number to be renewed to “6969”, and they will receive a “payment voucher,” said Abdulaziz Bin Hathboor, Director of Customer Relation Division, BRL sector. 
"They can then complete the payment through any of the payment channels provided in the text message. They can also log on to the Dubai DED website or download the “DED Business” App, which they can also access as a one-time visitor only,” they stated. 
“The Auto Renewal service has helped business licence owners in Dubai in saving their time and efforts, and focusing more on developing their business by leveraging the advantages of the emirate as a hub for competitive and sustainable growth”, added Bin Hathboor.
According to the distribution of the economic activities of the auto renewed licences during the first ten months, the report showed the top five activities for commercial licences were: "general trade", followed by "Readymade clothing", "perfume and cosmetics", “Watches and spare parts” and "gifts".
The top five activities for professional licences were: "Restaurant", "men's salon", "selling snacks", "cafe", and "sewing and embroidery of women's clothing".-TradeArabia News Service

Tags: Dubai | DED | licence |

More Finance & Capital Market Stories

calendarCalendar of Events