Dubai Economic Department
The Dubai Economic Department (DED), also known as the Department of Economy and Tourism, is a key governmental entity responsible for the economic development and regulation of economic activities in the Emirateof Dubai. It plays a pivotal role in fostering economic growth, promotinginvestment, and enhancing the business environment in Dubai. Here’s anoverview of the DED’s roles, responsibilities, and contributions:
- Business Registration and Licensing DED is responsible for the registration and licensing of businesses inDubai. This includes issuing trade licenses, commercial permits, and regulating economic activities. - It provides various types of licenses such as commercial, industrial, professional, and tourism licenses to cater to different business needs.
- Economic Planning and Development DED develops and implements strategic economic plans aimed at promoting sustainable economic growth and diversification. - It identifies key sectors for development and creates policies to attract investment and support business growth in these sectors.
- Investment Promotion The department actively promotes Dubai as a global business hub, attracting foreign investment through various initiatives, incentives, andsupport services. - It collaborates with international investors, trade delegations, and business forums to showcase investment opportunities in Dubai.
- Business Support Services DED provides a range of support services to businesses, including advisory services, training programs, and access to market information. - It facilitates the growth of small and medium-sized enterprises (SMEs) through tailored support and development programs.
- Economic Research and Analysis The department conducts economic research and analysis to provideinsights into market trends, economic indicators, and sectoral performance. - It publishes reports and studies that help businesses and policymakersmake informed decisions..
- Dubai SME Dubai SME is an agency under DED focused on the development of small and medium-sized enterprises. It provides funding, advisory services, andbusiness incubation to support SME growth.
- Dubai FDI Dubai FDI is responsible for attracting foreign direct investment to Dubai. It offers comprehensive support to international investors, including assistance with setting up businesses and navigating regulatory requirements.
- Commercial Compliance & Consumer Protection (CCCP) CCCP ensures that businesses adhere to commercial regulations andconsumer protection laws. It handles consumer complaints and works toresolve disputes between consumers and businesses.
- Dubai Exports This agency promotes Dubai’s exports by providing support to local companies in expanding their markets internationally. It offers market intelligence, export assistance, and participation in international trade fairs.
- Economic Diversification DED’s initiatives have been instrumental in diversifying Dubai’s economybeyond oil, fostering growth in sectors such as tourism, trade, real estate, finance, and technology.
- Business-Friendly Environment By streamlining business registration and licensing processes and providing robust support services, DED has created a business-friendly environment that attracts local and international businesses.
- Consumer Confidence Through effective consumer protection measures and market regulation, DED ensures a fair marketplace, enhancing consumer confidence andtrust inthe economic system.
- Innovation and Competitiveness DED's focus on digital transformation and innovation has positioned Dubai as a competitive global city that embraces technological advancements andentrepreneurial
Contact Information
Website: https://eservices.dubaided.gov.ae/Pages/Anon/GstHme.aspxEmail: [email protected]
Phone: +971 600555559
Address: One Central, building 2, 4th floor PO Box 594 Dubai, United Arab Emirates
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