Dubai DED sees 83pc jump in trader licences for H1
DUBAI, July 4, 2020
The Department of Economic Development (DED) said it has witnessed a 83 per cent increase in issuance of trader licences during the first half of the year which rose to 1,947 compared to 1,064 for the same period last year.
The trader licence was launched by the Business Registration and Licensing section of DED to enable start-ups in Dubai to conduct business activities online and across social networking accounts.
The report also showed that the number of DED trader licences issued in June alone had reached 577, up 163 per cent over last year's figure of 219.
This reflects the growth of Dubai as a leading destination for e-commerce and a commercial hub for consumers in the Middle East region, as the emirate adopts its e-commerce strategy, said a statement from DED.
Dubai Economy focuses on providing support to DED Trader licence holders by signing partnerships with government and private sectors, providing facilities for their business growth as well as opening new channels by enhancing cooperation with major sales outlets, it stated.
The total number of DED trader activities is 382, and the number of permitted activities in a single licence is 10, provided that they are consistent within the same group category.
Lifestyle Coaching topped the list of activities issued since the launch until June followed by Marketing Services Via Social Media; Portal; Social Media Applications Development and Management; Perfumes and Cosmetics Trading; Marketing Management; Project Management Services; Web-Design; Ladies Wears Tailoring and Embroidery; and Readymade Garments Trading.
Information Technology group, which includes 17 activities topped the list of activity groups followed by Fashion (33 activities); Other Personal and Trading Services (13); Ladies tailoring and design (3), Preparation of Food (7); Commercial brokerage (2); Event organisers (8); Handicraft workshops (13); Electronics group (17); and Exhibition organisers (5). The total number of the DED Trader licence groups is 82.-TradeArabia News Service
