DED introduces a new business activity; “floating consumer store”
Dubai: The Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, added 44 new business activities across a number of sectors in first 10 months of 2018 following that tracked local market needs, supply and demand in those vital sectors. The move, which is part of DED’s efforts to facilitate business for licensees and enable them to respond to market needs, will promote business development and healthy competition among businesses in Dubai and the UAE.
The new activities cover various specialised business sectors in Dubai, and include the “floating consumer store.” The activity will enable stores to sell beverages, light food, gifts, newspapers, magazines, and personal items, in a fixed location along the beach or while en-route on trips.
The “floating customer store” will add to the convenience of both tourists and visitors to beaches, while enabling docked boats and those on their journey the option to provide a retail experience. The activity is suited for the provision and transport of quality consumables.
Marwan Al Marzouky, Senior Manager of Activities Classification section in BRL, said: "Our team is constantly evaluating market needs, gathering views and suggestions from license holders as well as those looking to start their business in Dubai where there are always changes and new developments.
"The decision to add new activities is also an extension of Dubai’s ongoing efforts to facilitate licensing for limited liability companies and develop BRL services in general. It will have a positive impact on private sector growth and ensure that license holders can reap further benefits by eliminating obstacles for entrepreneurs who have new business ideas, and thus create more jobs.”
DED has a directory of economic activities, which explains the procedures and guidelines governing business activity in Dubai. A ready reference, the guide provides information on business activity, licenses, registration, company establishment, legal forms, as well as procedures to be followed for site relocation, change of manager and license freeze. A set of frequently asked questions is also included for the benefit of businesses and investors, especially those looking to move to Dubai.
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About the Department of Economic Development, Dubai
The Department of Economic Development (DED) is the government body entrusted to set and drive the economic agenda of the emirate of Dubai, UAE. DED supports the structural transformation of Dubai into a diversified, innovative service-based economy that aims to improve the business environment and accelerate productivity growth. DED and its agencies develop economic plans and policies, identify and support the growth of strategic sectors, and provide services to domestic and international investors and businesses.
For further information on DED, please contact:
Faisal Shamsudheen,
Phone: +971 4 445 5927,
Email: faisal.pathiasseri@dubaided.gov.ae
Nafisa Elmarzouky,
Phone: (971 4)4455978,
Email: nafisa.elmarzouky@dubaided.gov.ae
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