D-U-N-S numbers from the Dubai Economic Department (DED) registration to enhance the global recognition of the companies in Dubai.
The formation of new businesses affiliated with the Dubai Department of Economic Development (DED) is now being provided with the D-U-N-S numbers. The process has begun, where all new licenses, those registering to renew their licenses, or those with modifications to their Dubai company registration undergo this process. This technology is expected to enhance the exposure of companies operating in the area in the global market and fast-track the Dubai Economic Department business registration process.
D-U-N-S Number Benefits
There are several benefits one can get with the nine-digit, internationally accepted D-U-N-S number procured from Dun & Bradstreet for businesses. They make it easy to gain trust and make business transactions run smoothly with organizations and people from other countries. This program is consistent with the DED’s goal of creating an environment that would facilitate investment growth and corporate enlargement in Dubai. Businesses benefit from the adoption of the D-U-N-S number since a company with such a number can show its authenticity in the international market hence being able to attract local and international investors.
Importance of D-U-N-S Number
Ali Ibrahim, the DED’s Deputy Director General for Executive Affairs said it is necessary to launch the D-U-N-S number for all registered companies, pointing out that, “it will give them an international status and they can find many new opportunities in the international markets. ” This calculated action is part of boosting the Dubai Economic Department business registration process for locals and foreign investors.
In conclusion, the extensive and unique registration of companies and businesses in Dubai through the D-U-N-S numbers by DED is very close to change the philosophy of company registration in Dubai by giving them a unique and global identity. It is a great effort that will greatly benefit firms that want to establish themselves more in the international market by providing them with credible ways and making the Dubai registration process much easier.
