From commercial, touristic and professional licenses…
17 December 2018| Last updated on 17 December 2018
If you were wondering how many businesses operate in Dubai
Then you’ve probably come across the need for an operating license in the city, which is mandatory by bodies to obtain.
Thousands of businesses open in Dubai every day, which means that thousands of licenses are issued every day too.
And in November of this year alone, Dubai has issued 1,748 new licenses to residents and tourists in the country, as stated in a report by the Business Registration and Licensing sector in Dubai.
With the weather cooling down, several businesses tend to strategize to open their businesses in the winter time to take advantage of the heavy traffic in the city.
Among these issued licenses, there were a few differences:
- 62.3% were for commercial use
- 35.2% were for professional use
- 1.2% were for industry use
While individuals who run business must obtain a license, they must also obtain a business registration permit to operate their company in Dubai.
And so far, November saw 23,979 new business registrations.
Top business nationalities in Dubai
Of course behind these licenses and permits, lies a businessman or businesswoman who is running the operations.
The top nationalities that obtained these requirements in November, were:
- Saudi Arabia
In order of most submitted in November by each nationality.
Top locations for business issued
And if you were wondering the top locations behind these business licenses in that month, it goes as follows:
- Bur Dubai
- Burj Khalifa
- Port Saeed
- Al Marar