UAE: Business bank accounts can now be opened in Dubai in just 5 days with the unified licence
Dubai has transformed business setup with the Dubai Unified Licence (DUL), cutting the average time to open a business bank account from 65 days to just five. Since 2024, over 3,000 accounts have been opened and 134,000 profiles updated. Integrated with banks and government entities, DUL streamlines services, enhances transparency, and supports Dubai’s D33 agenda to double its economy by 2033.
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