DED organises workshop for Canadian Business Council
The Department of Economic Development (DED) organized an informative workshop for more than 30 members of the Canadian Business Council of Dubai and the Northern Emirates. The initiative is the first in a series of meetings that DED is conducting with various business councils, and is aimed at enhancing bilateral relations and expanding the scope of businesses in Dubai.
Ahmed Ibrahim, Director, Customer Relations of the Business Registration and Licensing Division at DED, presented an extensive brief on the business registration process including how to choose the type of a business activity to practice, apply for a trade license, determine all related activates to be included within the chosen business license and determine the appropriate business legal form for individual establishments, commercial companies, civil companies, private/public joint stock company and limited liability company.
Mr Ibrahim explained the terms and conditions for operating economic activities in Dubai and the conditions for selecting and approving trade names.
Mr Mohammed Shael, CEO, Business Registration and Licensing Division at DED, received the visiting members. He said that Dubai’s dynamic economic environment encourages investors to choose the emirate as a preferred destination for businesses. He said that the pioneering initiatives and projects have positioned Dubai as the economic hub of the Middle East region.
“The DED focuses on enhancing the economic development of the emirate, increasing its competitiveness and reviewing laws for the benefit of the business community,” added Shael.
“The UAE and Dubai have long-standing trade and economic relations with Canada and the visit today will go a long way towards strengthening it,” said Mr Shael.
