Decree No. 13/2024: Establishing the Unified Digital Platform for the Establishment of Companies in the Emirate of Dubai

14 Dec 2024

Decree No. 13/2024: Establishing the Unified Digital Platform for the Establishment of Companies in the Emirate of Dubai
##DigitalTransformation##DubaiInnovation##UnifiedPlatform##BusinessSimplified##TechInBusiness##FutureOfDubai##SmartDubai##EaseOfDoingBusiness##DigitalEconomy##InnovativeDubai

1. Overview of the Decree

The Decree No. 13/2024 establishes a unified digital platform, known as the "Digital Window", aimed at simplifying and organizing the procedures for establishing companies in the Emirate of Dubai. It seeks to streamline the process of obtaining licenses, permits, and approvals, thereby enhancing the investor's experience in Dubai.

2. Objectives of the Decree

2.1 Creating an Investment Environment

The Decree aims to create a conducive investment environment by integrating the efforts of licensing authorities and competent authorities. It ensures seamless establishment and licensing of companies, enabling them to practice their economic activities efficiently.

2.2 Development of a Unified Digital Platform

The Digital Window is established to promote the investor's experience, providing specific channels for acquiring information and obtaining necessary services.

2.3 Regulating Issuance of Licenses and Approvals

The Decree regulates the issuance of licenses, permits, and approvals in the Emirate according to clear, defined, and simplified rules and procedures.

2.4 Addressing Obstacles

It addresses obstacles faced by investors during the setup and operation of their businesses.

2.5 Enhancing Coordination

The Decree enhances coordination and electronic connectivity between licensing and competent authorities, supporting Dubai's digital transformation.

2.6 Unifying Efforts

It unifies efforts to avoid duplication of procedures, requirements, or conditions for practicing economic activities.

2.7 Providing Valueadded Services

The Decree aims to provide valueadded services to meet and exceed investor expectations while practicing economic activities.

3. Key Provisions

3.1 Issuance of Licenses, Permits, and Approvals

Applications for issuance, renewal, modification, and cancellation of licenses are submitted through the Digital Window. Licensing and competent authorities issue, renew, amend, or cancel licenses and related permits through the platform in accordance with applicable regulations and legislation.

3.2 Establishment and Development of the Digital Platform

The Department of Economy and Tourism (DET) is responsible for establishing, operating, managing, supervising, and developing the Digital Platform in coordination with relevant authorities. The DET regulates the process of obtaining necessary documents through this platform.

3.3 Preparation of the Manual

The DET prepares a Manual in coordination with competent entities, detailing procedures, conditions, requirements, and timeframes for issuing and processing applications related to economic activities.

4. Impact on Other Laws

4.1 Federal DecreeLaw No. 32/2021 on Commercial Companies

The Decree complements the Federal DecreeLaw No. 32/2021 by streamlining the company registration and licensing process.

4.2 Dubai Law No. 13/2011 on Regulation of Economic Activities

The Decree further enhances the regulatory framework for economic activities by introducing a digital process.

4.3 Dubai Law No. 9/2022 on Regulation of Digital Services

The Decree aligns with the provisions on digital services, promoting the digital transformation in regulatory processes.

4.4 Special Development Zones and Free Zones Legislation

The Decree incorporates digital processes for registering and licensing companies within special development zones and free zones, including Dubai International Financial Centre.

5. Benefits to Investors

5.1 Simplification of Procedures

The Decree simplifies procedures for obtaining licenses and approvals, reducing administrative burdens on investors.

5.2 Transparency and Efficiency

The unified digital platform enhances transparency and efficiency in the licensing process, providing investors with a clear understanding of requirements and timelines.

5.3 Cost and Time Savings

By digitizing the process, investors save both time and costs associated with physical paperwork and manual processes.

5.4 Enhanced Investor Experience

The streamlined process improves the overall experience for investors, encouraging more business activities in the Emirate.

5.5 Access to Valueadded Services

Investors gain access to additional services that cater to their needs, supporting their business operations effectively.

Conclusion

Decree No. 13/2024 marks a significant step towards modernizing the business environment in Dubai through digital transformation. By establishing a unified digital platform, the Decree not only streamlines the company establishment process but also aligns with existing legislation to provide a comprehensive regulatory framework that benefits investors and supports economic growth in the Emirate.

Laws Link: https://www.linkinlegal.com/document/675876fb8efc52c198fe998d

Authors

Soiab Khan

Soiab Khan is a distinguished corporate lawyer with extensive expertise in business law, mergers and...

Expertise:

CorporateLawMergersAndAcquisitionsContractNegotiationLegalExpertiseClientFocusedSolutionsLegal Head