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Showing posts with the label instant trade license

Instant Trade License in Five (5) Minutes

In five (5) minutes, a businessman interested to put up a business in Dubai can quickly get the business license via an electronic portal 24/7 without document and physical visit. According to Khaleej Times,  as gathered from a development executive at the Dubai Economic Department (DED), Ammar Yasir, this initiative has "successfully helped the emirate jump to 25th rank in World Bank's Doing Business 2019 report." He said that they want to be at the number one rank. This is what really the world needs -- more businesses to help fuel economic growth in terms of livelihood and job generation. It is a huge saving when the entrepreneurs will not be required a leased office for the first year particularly when you are a foreigner and you have to spend extra money on residential space rental.  This one-of-a-kind business registration initiative saves a lot of time, and since time has value and can be traded for value, it really adds more to savings. It skips som...