Dubai introduces unified digital registry for businesses

File picture

A unified digital registry has been introduced for all businesses in Dubai, as part of efforts to enhance the ease of doing business.

According to the Department of Economy and Tourism (DET), the 'Dubai Unified Licence' (DUL) is a unique commercial identification provided to all businesses in the emirate.

It's issued to existing and newly established entities in Dubai, operating with either a mainland or a free zone licence.

The registry, launched in collaboration with the Dubai Free Zones Council, consolidates all economic establishments in Dubai and its free zones into a single platform for data management, collation and sharing, serving as a reliable single digital information source.

The initiative aims to standardise and streamline Dubai’s business processes in accordance with global best practices, ensuring that the latest company records, including licence details and data, are consistently maintained within the registry.

Streamlined Approach

The 'Dubai Unified Licence' enhances efficiency and reduces the time required for companies to establish and manage their operations.

It ensures greater transparency and ease of access to business-related information, further enhancing Dubai's appeal as a dynamic and trustworthy investment destination.

The DUL also reinforces the compliance framework outlined in the national anti-money laundering and combating the financing of terrorism (AML/CFT) strategy, ensuring the integrity of the UAE economy and the global financial system.

As part of the initiative, establishments will undergo thorough validation, verification and screening by the appropriate authorities in order to receive their unique digital identity.

To date, DET has issued over 50,000 licences, with plans to issue more in the coming period, covering all registered companies in Dubai mainland and in Free Zones.

Key Features

The initiative provides access to verified DUL data housed in a digital repository, streamlining business verification processes in various interactions.

The issuance of No Objection Certificates (NOCs) and permits for economic activities is simplified through a unified and streamlined process.

Furthermore, the DUL offers unified and verified information about existing businesses, proving advantageous for prospective owners seeking details about operating businesses in the emirate.

Businesses can use their unique DUL QR Code on their premises, websites and social media accounts instead of presenting the traditional trade licence certificates. This QR Code enables government entities, service providers, suppliers and customers to scan and retrieve information about the company.

Looking ahead, the DUL aims to facilitate banks in opening accounts for Dubai-based companies with enhanced ease and efficiency.

More from Business

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

  • China to impose tariffs of 34% on all US goods

    China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.

  • Shares bruised, dollar crumbles as Trump tariffs stir recession fears

    Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared US President Donald Trump's sweeping tariffs would tip the global economy into a recession.

  • Wall Street futures sink as tariffs fuel recession fears

    US stock index futures tumbled on Thursday after President Donald Trump's sweeping tariffs on major trade partners heightened fears of an all-out trade war that could push the global economy into a recession.

News