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Dubai Chambers Board of Directors Resolution No. (8) of 2024 Approving the Requirements and Procedures for Issuing Permits to Business Groups and Business Councils

Dubai Chambers Board of Directors Resolution No. (8) of 2024 Approving the Requirements and Procedures for Issuing Permits to Business Groups and Business Councils

قرار مجلس إدارة غرف دبي رقم (8) لسنة 2024 باعتماد إصدار التصريح لمجموعة العمل

Code
Dubai-Resolution-8-2024
Authority
Chairman of the Board of Directors
Category
Business/licensing

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Articles

AI-generated summary — this is NOT the official text of the law and may be inaccurate. Not legal advice; consult the official source.

  1. المادة 1

    a. For a business group to be established and issued a permit by the Dubai Chambers, the following requirements must be satisfied: 1. The number of companies establishing the business group must not be less than twenty (20) companies licensed by a competent licensing authority in the Emirate of Dubai. 2. The companies establishing the business group must be conducting a common economic activity. 3. The Dubai Chambers must not have previously issued a permit to another business group established by companies that conduct the same economic activity in respect of which the business group is to be established. 4. The purpose of establishing the business group must be non-profit. b. For a business council to be established and issued a permit by the Dubai Chambers, the following requirements must be satisfied: 1. The number of companies establishing the business council must not be less than twenty (20) companies licensed by a competent licensing authority in the Emirate of Dubai. 2. The activities of the companies establishing the business council must contribute to enhancing commercial ties with a specific country. 3. The Dubai Chambers must not have previously issued a permit to another business council established by companies to contribute to enhancing commercial ties with the same country for which the business council is to be established. 4. The purpose of establishing the business council must be non-profit. 5. The Dubai Chambers must approve the names of the representatives of the companies establishing the business council.

  2. المادة 2

    The following procedures will be followed in issuing a business group or a business council with a permit: 1. A permit application will be submitted to the competent department at the Dubai Chambers by one of the companies establishing the business group or business council. The application will be accompanied by a list of the companies wishing to establish the business group or business council, the licence number of each company, and the Emirates identity number of a representative for each company. 2. The competent department will register the permit application and notify the applicant of the receipt of his application. 3. The competent department will consider the application and verify that it meets all relevant requirements and is accompanied by all required documents. The competent department may require any other documents it deems necessary for considering the application. 4. Where the application meets all relevant requirements and is accompanied by all required documents, it will be referred to the Director General of the Dubai Chambers for approval at his own discretion. 5. Where the application is rejected, the competent department will notify the applicant of the reasons for rejection. 6. Where the application is approved, the competent department will issue the permit. Where the business group or business council wishes to be granted legal personality, the competent department will send to the CDA a copy of the application, along with the permit and other relevant documents, for the CDA to complete the relevant process for issuing the business group or business council with a licence, in accordance with its applicable legislation.

  3. المادة 3

    Where the requirements stipulated in this Resolution are not met, or for considerations of public interest, the Dubai Chambers may reject a business group or business council permit application.

  4. المادة 4

    Any provision in any other resolution is hereby repealed to the extent that it contradicts the provisions of this Resolution.

  5. المادة 5

    This Resolution will be published in the Official Gazette and will come into force on the day on which it is published.

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Information, not legal advice. UAE laws change. Always verify the current text via the official source linked above and consult a UAE-licensed lawyer for advice on your situation.