The Department of Economic Development (DED) of the Emirate of Dubai is a government body responsible for establishing and driving Dubai's economic agenda within the broader government systems of the United Arab Emirates. DED and its agencies are tasked with developing economic plans and policies, identifying and supporting strategic sectors, and providing services to both national and international investors and companies. The DPD also provides funding to delegated agencies whose objectives include small business development, site development, or marketing, maintenance, and management throughout the area within a specific business district. The City of Chicago offers hyperlocal support to business owners and emerging entrepreneurs through its Neighborhood Business Development Centers (NBDC) grant program.
This program funds Chicago-based non-profit business service organizations located throughout the city to provide free business development assistance. Starting a business in Dubai can be a complex process, but it doesn't have to be. To ensure that your company is properly registered with the Department of Planning and Development (DPD) in Dubai, you must first understand the various steps involved in setting up a business in the Emirate. The first step is to obtain a license from the Department of Economic Development (DED). This license will allow you to operate legally in Dubai and will also provide you with access to other government services.
Once you have obtained your license, you must then register your company with the DPD. This registration process requires you to provide information about your company, such as its name, address, contact details, and other relevant information. Once your company is registered with the DPD, you will be able to access a range of services provided by the department. These services include assistance with site selection, obtaining permits for construction or renovation projects, obtaining licenses for certain activities, and more.
Additionally, the DPD can provide advice on how to best utilize available resources in order to maximize your company's potential. In addition to registering your company with the DPD, you may also need to register with other government entities in order to operate legally in Dubai. These sectors are the responsibility of the Dubai Export Development Corporation, the Mohammed Bin Rashid Establishment for young business leaders, the Dubai Shopping Festival Office, and the Office of Foreign Investment.