{"id":5551,"date":"2018-04-08T09:03:27","date_gmt":"2018-04-08T09:03:27","guid":{"rendered":"http:\/\/middleeastevents.com\/blog\/?p=5551"},"modified":"2018-04-08T09:03:27","modified_gmt":"2018-04-08T09:03:27","slug":"march-sees-a-surge-in-business-registration-and-licensing-in-dubai","status":"publish","type":"post","link":"https:\/\/www.middleeastevents.com\/blog\/march-sees-a-surge-in-business-registration-and-licensing-in-dubai\/","title":{"rendered":"March Sees A Surge In Business Registration And Licensing In Dubai"},"content":{"rendered":"<p>The Department of Economic Development (DED) in Dubai witnessed business registration and licensing activity maintaining an upward momentum during the month of March 2018, reaffirming the emirate\u2019s position as a preferred place for business startup and expansion. According to the \u2018Business Map\u2019 digital platform of DED, more than 26,410 BRL (business registration and licensing) transactions were completed in March, compared to 23,407 in February 2018, while the number of new licenses issued also jumped from 1,646 to 1,844 between the two months.<\/p>\n<p>The increase in BRL activity, and its distribution across business sectors and areas, underlines improved investor confidence in the expansionary spending policies and economic performance in Dubai as well as the emirate\u2019s potential to enable and sustain business growth.<\/p>\n<p>Renewal of licenses accounted for 12,694 BRL transactions in March 2018 while 3,281 transactions were related to Trade Name Reservation. Initial Approval transactions amounted to 2,231 and there were also 2,018 Auto Renewals, 108 Instant Licenses and 139 e-Trader licenses in the overall activity list.<\/p>\n<p>Commercial licenses topped the list of BRL activities in March 2018 at 62.2%, followed by the Professional (34.9%), Industrial (1.6%) and Tourism (1.3%) licenses. The outsourced service centres of BRL performed remarkably handling 21,582 (81.7%) of the total transactions and reaffirming their role and relevance in providing competitive services to DED customers.<\/p>\n<p>Among the major regions within the emirate, Bur Dubai accounted for the lion\u2019s share of new licenses (848), followed by Deira (847), New Dubai (141) and Hatta (8). The share of the top 10 sub-regions that accounted for 51.7% of all transactions were as follows: Burj Khalifa (11.2%), New Dubai (8.3%), Al Marar (6.4%), Naif (5.1%), Port Saeed (4.2%), Hor Al Anz (4.1%), Dubai World Trade Centre 1 (3.8%), Al Garhoud (3.4%), Al Karama (2.6%) and Al Khubaisi (2%).<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5552 size-full\" src=\"http:\/\/middleeastevents.com\/blog\/wp-content\/uploads\/2018\/04\/1-37.jpg\" alt=\"\" width=\"1900\" height=\"1613\" srcset=\"https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2018\/04\/1-37.jpg 1900w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2018\/04\/1-37-300x255.jpg 300w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2018\/04\/1-37-768x652.jpg 768w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2018\/04\/1-37-1024x869.jpg 1024w\" sizes=\"auto, (max-width: 1900px) 100vw, 1900px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Department of Economic Development (DED) in Dubai witnessed business registration and licensing activity maintaining an upward momentum during the month of March 2018, reaffirming the emirate\u2019s position as a preferred place for business startup and expansion. According to the \u2018Business Map\u2019 digital platform of DED, more than 26,410 BRL (business registration and licensing) transactions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/5551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/comments?post=5551"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/5551\/revisions"}],"predecessor-version":[{"id":5553,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/5551\/revisions\/5553"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media\/5552"}],"wp:attachment":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media?parent=5551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/categories?post=5551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/tags?post=5551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}