The business landscape in Dubai has significantly improved with the introduction of instant access to utilities and telecom services. This move is set to benefit small and medium enterprises (SMEs), investors, and freelancers looking to establish their presence in the emirate. The seamless provision of essential services upon company registration is part of Dubai’s broader effort to streamline its business setup process, reinforcing its position as a global hub for entrepreneurs.

Dubai’s Unified License Streamlines Business Setup

The Dubai Business Registration and Licensing Corporation (DBLC), part of the Dubai Department of Economy and Tourism (DET), has collaborated with several key entities to simplify the business setup in the city. One of the most significant initiatives is the Dubai Unified License (DUL), which offers instant access to telecom and utility services. Investors and SMEs can now benefit from these services as soon as they complete their registration process.

This partnership extends to five leading banks—Emirates NBD, Dubai Commercial Bank, First Abu Dhabi Bank (FAB), Ruya Bank, and Emirates Development Bank (EDB)—that have streamlined the process of opening a corporate bank account. Now, business owners can set up accounts within 72 hours, adding to the ease of doing business in Dubai.

Benefits for New Businesses and Investors

Industry experts agree that simplifying access to Dubai business utilities and telecom services in Dubai significantly reduces the initial hurdles of setting up a company. In the past, business owners had to navigate multiple processes, but now, thanks to this unified approach, investors can focus on growing their ventures.

This change aligns with Dubai’s vision to become a top choice for global businesses. It also enhances Dubai’s competitiveness in attracting foreign investment. The recent reforms are expected to boost the emirate’s attractiveness as a prime destination for entrepreneurs.