Thursday 27 February 2020

Image courtsey: WAM

DED signs licensing services deal with Tecom unit

DUBAI, July 2, 2018

The Business Registration and Licensing (BRL) Sector of Dubai's Department of Economic Development (DED) has signed a memorandum of understanding (MoU) with axs, Tecom Group’s smart gateway for integrated services, for licensing and registration services.

The agreement aims to provide licensing and registration services for Tecom Group’s non-free-zone business partners in Dubai Industrial Park, Dubai Design District, and Barsha Heights, reported state news agency Wam.

In line with the government’s directive to enhance ease of doing business in the emirate, the move aims to increase the efficiency of company licensing and registration processes, and enable all Tecom organisations to complete the full spectrum of transactions under one roof without the involvement of any external service centres.

Until now, Tecom’s non-free-zone business partners – unlike their free zone counterparts – were required to liaise with DED for their licensing and registration needs through multiple formal steps and procedures.

Omar Bushahab, chief executive officer of BRL, signed the agreement with Dr Ayoub Kazim, managing director of axs.

As per the MoU, effective July 1, axs has access to DED’s business licensing and registration systems, and can issue, renew and cancel commercial licenses for its over 4,000 non-free-zone business partners.

The agreement also mandates that 70 per cent of jobs newly created by axs should be held by UAE nationals.

Bushahab said that they are keen to upgrade its services to support sustainable economic development and facilitate business activity.

He added that through the partnership with axs, the company seeks to streamline licensing procedures and commercial operations across the free zones in Dubai.

Tags: | DED | Tecom | services | deal | unit | licensing |

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