UAE launches unified business licensing platform linking economic departments
The UAE Business Pass, linked to the digital identity system, eliminates paper transactions and connects investors with more than 40 government and regulatory entities.
The Ministry of Economy, in partnership with the local economic development departments across the UAE, launched the Unified Business Licensing Platform, known as the UAE Business Pass, on Thursday, November 5, 2026. The platform allows investors and entrepreneurs to establish companies and obtain all federal and local commercial licences and business activities with a single click in less than 10 minutes, from anywhere in the world.
Eliminating paper transactions and linking to the digital identity system
The updated business platform uses the UAE PASS digital identity system to verify investors' identities and complete electronic signatures on memoranda of association and security approvals automatically. The ministry said the platform eliminates the need to visit service centres or submit paper documents, connecting users with more than 40 regulatory and government entities to issue a comprehensive commercial licence and a tax-registered licence immediately.
Simplifying corporate bank account opening and support packages for companies
The platform's launch also includes an automated service for opening a corporate bank account for the newly registered company, in cooperation with participating national banks. It also offers support packages, including exemptions from certain government fees and licensed virtual office spaces at promotional rates. The initiative aims to reduce operating costs for new investors and encourage foreign capital to expand in the UAE.
A competitive lead in ease of doing business
Abdulla bin Touq Al Marri, Minister of Economy, said the launch of the unified platform reflects the UAE's commitment to providing one of the world's most flexible and attractive investment environments, while supporting the goal of reaching one million companies registered in the country by 2031. The UAE continues to update its legislative and procedural framework to remain the region's preferred destination for trade and innovation.