Business
DED Ajmans Online Trade Name Reservation Platform Receives Applications to Reserve Over 450 Trade Names in Q2 of 2017
The Department of Economic Development - Ajman (DED) has actually taken a significant stride in its initiative to bring in capitalists and construct a business-friendly atmosphere through its on-line 'Trade Name Reservation' site. The innovative e-service has actually so far received applications to reserve greater than 450 trade name because its establishing in the beginning of the second quarter of this year. The modern platform acts as a new and modern network created to sustain the UAE's transfer to embrace a knowledge-driven economy and reinforce Ajman's business and investment infrastructures.
Saud Al Shammari, Director of DED- Ajman's Registration Department of Economic and Licenses, said: "The online solution shows our commitment to change to an automatic procedure and drive continual solution improvement within the Division. It is a true embodiment of our ruthless efforts to provide a unique experience to our investors by providing faster purchase procedures and a much shorter turnaround time of seven to 10 minutes."
Al Shammari included: "The 'Trade Name Reservation' platform has actually thus far received applications to reserve greater than 450 brand name over a reasonably short period of time, which plainly shows our customers' full self-confidence in our e-services. Our portfolio of smart offerings is the key to scoring higher on the Simplicity of Operating index. It will certainly additionally assist own Ajman's efforts to diversify its economic situation and attain sustainable advancement. The service is a main device decreasing errors by allowing the customer to search for the suitable brand name with no dispute or similarity with any other name within the exact same business category. It likewise makes sure that the guidelines and laws concerning trade names are purely strictly followed.
The Trade Name Reservation platform allows for appointment of name for two months. The reservation process involves three major actions that do not take more than 10 minutes to complete. The primary step involves getting in essential information, followed by verification that the name is not identical with existing trade names. The last action entails repayment of charges, booking the brand name and sending it by email.