The Dubai Free Zones Council aims to redesign the investor journey to ensure further growth and reinforce Dubaiās position as one of the worldās leading investment destinations, it was revealed on Wednesday.
The council, which met under the chairmanship of Sheikh Ahmed bin Saeed Al Maktoum, highlighted the need to enhance the regulatory framework governing free zones, and further integrating government services.
Discussions opened with a review of recent economic developments alongside regional and global trends, with members assessing their implications for the wider business environment, said a WAM news agency report.
The meeting underscored the importance of strengthening institutional readiness and adopting proactive policies that enhance economic resilience and adaptability amid global changes, supporting sustainable growth across Dubaiās free zones.
The council further emphasised that the next phase of development requires moving beyond incremental process improvements towards a comprehensive redesign of the investor journey. This transformation will be driven by a fully integrated ecosystem enabled by greater interoperability between institutions, digital transformation, and smart governance, with the objective of reducing administrative time and effort, enhancing service quality, and maintaining the highest standards of compliance and risk management.
The council also reviewed a proposed framework governing procedures and requirements for investors outside the country, representing a significant step forward in the way approvals for international investors are managed. The model introduces a risk-based classification approach, streamlined requirements, and accelerated approval processes, thereby enhancing ease of establishment and business continuity while safeguarding regulatory and security standards.
The āDubai Investor Registerā initiative was also reviewed as a strategic step towards establishing a unified economic identity for investors at the emirate level, enhancing interoperability between government entities, reducing duplication in registration processes, enabling seamless investor mobility and expansion across free zones, while maintaining the regulatory autonomy of each free zone in licensing and governance matters.
This initiative contributes to a more cohesive and efficient investment ecosystem, reducing both time and cost associated with doing business and further strengthening Dubaiās competitiveness as a global investment hub.
The council further reviewed a proposal to unify legal and commercial announcements linked to licensing services through digital publication on approved government platforms.
The initiative aligns with Dubaiās broader agenda to streamline procedures and accelerate digital transformation, reducing operational burdens on businesses, enhancing government efficiency, and supporting Dubaiās zero-bureaucracy agenda.
Collectively, these initiatives form an integrated framework aimed at delivering a more efficient and agile investor experience, strengthening the competitiveness of Dubaiās free zones, and consolidating the emirateās position as a global hub for investment and business. The efforts are fully aligned with the Dubai Economic Agenda D33 and Dubaiās long-term vision for sustainable development and innovation.
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