New ‘Unified Digital Platform’ to streamline business set-up in Dubai
The Unified Digital Platform is a life-changing entity reshaping the landscape of business in Dubai. In other words, it is a trusted ally for your business that weaves every aspect of your operations into a perfect balance of productivity. This means you no longer have to deal with incompatible systems as the Unified Digital Platform for establishing companies in Dubai refines processes and nurtures growth with supreme accuracy.
Here we are going to embark on a journey unveiling a new era in business management and delving deeper into the domain of the Unified Digital Platform UAE for-Business Setup amidst the thriving heart of Dubai’s economy.
Unified Digital Platform for establishing companies in Dubai
The Unified Digital Platform combines various digital tools, technologies, and functionalities into a single platform, creating a comprehensive and cohesive system. It is a centralized core that manages multiple aspects of business operations, including customer relationship management, sales and marketing, finance, human resources, supply chain management, and more.
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The operation, management, and development of the Unified Digital Platform has been entrusted to the Department of Economy and Tourism in partnership with appropriate licensing bodies. The platform adheres to the guidelines outlined by the Dubai Digital Authority. Therefore, all licensing and permit requests must comply with these guidelines and be processed through this platform accordingly.
Main features of introducing the Unified Digital Platform: –
Enhanced investor experience – The platform enhances convenience for investors by combining licensing and permit requests through Invest in Dubai, thereby improving the overall investor experience.
Executive Council resolution – An Executive Council resolution was issued by Sheikh Hamdan bin Mohammed approving the key ethics for simplifying the investor journey in Dubai. It commits to providing a smooth and supportive environment for establishing companies in Dubai.
D33 strategy – The D33 strategy of Dubai seeks to intensify the economy twice as large over the next decade. The Unified Digital Platform aligns with this strategy by supporting several private enterprises to achieve unicorn status, thus establishing Dubai as a global digital economy leader.
Economic growth – Dubai has succeeded in maintaining a robust growth drive even after many challenges, especially those followed by the Covid-19 pandemic. The non-oil sector was able to reach AED 2 trillion in 2023, driving continued economic growth in the emirate.
Positive business outlook – In the last few years, business activities in the non-oil sector economy grew at the fastest rate, encouraging employment rates and a rise in new orders.
Characteristics of a Unified Digital Platform: –
- One-stop shop –
The platform integrates various licensing processes under one roof. This eliminates the need to navigate through different departments and authorities, which eventually saves businesses their valuable time and resources.
- Enhanced transparency –
The Unified Digital Platform provides clear and concise information on the business setup process, empowering entrepreneurs to make informed decisions.
- Streamlined procedures –
Users can avail themselves of a more streamlined experience on this platform. Investors and entrepreneurs can expect faster processing of their company setup application and potentially get the process completed within minutes.
The Unified platform includes various economic activities, even those under the scope of special development zones, like the Dubai International Financial Centre (DIFC).
Additional features: –
- Combines data and processes from different departments and systems effortlessly within an organization, thereby promoting collaboration and eliminating incompatible and isolated data.
- Provides a centralized location to access and manage all relevant information and resources, thus improving efficiency and decision-making within the organization.
- Accommodates the changing needs of the business accordingly without the need for significant infrastructure changes.
- Flexible enough to customize according to specific business requirements and workflows.
- Includes investigative and reporting capabilities to provide operative insights and prompt data-driven decision-making.
Overall, the use of a Unified Digital Platform for establishing companies in Dubai helps streamline operations, enhance productivity and customer experiences, and more importantly adjust to changing market dynamics.
Benefits of Unified Digital Platform for Businesses
The new platform announced by Sheikh Mohammed bin Rashid Al Maktoum aims to expedite and streamline the process of establishing a company in Dubai. additionally, it holds many benefits for the businesses, such as –
- Reduced costs – With the simplified process on the Unified platform, business owners must incur lower administrative costs associated with company formation.
- Increased efficiency – With faster processing, businesses can go ahead with operations quicker and capitalize on opportunities.
- Improved confidence among investors – Dubai already holds the position of a globally preferred destination for investors. The new robust and efficient business setup system builds a new level of confidence among investors, encouraging them to choose Dubai for their next commercial venture.
- Smoother licensing process – With the Unified Digital Platform for establishing companies in Dubai, the process for seeking licenses and permits for new shops or projects would be easier. Being an integrated channel for corporate services, companies would be able to secure their licenses from all relevant regulatory bodies, such as the Department of Economy and Tourism, the Dubai International Financial Centre (DIFC), and Freezone authorities.
Unified Digital Platform for Government Services
- The Unified Digital Platform is a one-stop destination, integrating all UAE Government’s services. Thus, it can be used as a go-to platform to access various governmental services.
- The Unified Digital Platform for establishing companies in Dubai focuses on user experience by prioritizing customer needs and satisfaction. The user-friendly interface ensures that it can be easily navigated and accessible to users of all backgrounds and technical abilities.
- The in-built interface of the platform guides users through each step, fostering a personal connection with them. It simplifies processes, instills confidence, and enhances their overall experience which eventually builds their trust in the platform.
- Data is the primary driver for designing, enhancing, and developing services for the Unified Digital Platform. It collects insights from data analytics and accordingly grows to meet its users’ changing needs.
- The platform complements new services with minimal development efforts, thereby empowering government entities. Consequently, it remains flexible and responsive to emerging needs and evolving requirements.
The Unified Digital Platform Policy
The Unified Digital Platform was introduced as a foundation of the UAE’s Strategy for Government Services. It was designed for the following purposes: –
- Merge all government services on a single integrated platform.
- Enhance user experience by providing access to digital government services.
- Switching from traditional services to unified and organized digital offerings.
- Employ digital government facilitators to incorporate and connect the digital systems of the UAE federal government.
- Boost efficiency in the delivery of digital services.
- Build trust in digital government services.
Foundations of the policy
The following are the pillars of the United Digital Platform Policy: –
- Explain the roles and responsibilities of government entities.
- Enables the use of digital government effectively.
- Define the content of the platform.
- Ensure the source and authenticity of data.
- Facilitate digital payments on the platform.
- Embrace new and emerging technologies.
- Enhance capacity development within government entities to manage the platform.
- Efficient management of the unified digital platform.
- Measure the performance of digital services.
Concluding Thoughts
Thus, we believe that this blog has provided valuable insights and addressed your queries regarding the United Digital Platform in the UAE. If you still have any concerns or questions, please contact Shuraa Business Setup at +97144081900 or reach via email at info@shuraa.com
Interested in learning more about company registration in Dubai? Don’t hesitate to reach out to the team of Shuraa at any time.