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Initial Approval:
- "Initial Approval" is the formal consent from the UAE government to establish a business.
- Obtained from the Dubai Economic Department and Tourism authorities.
- Required for tenants starting a business has not previously operated any business in the UAE.
- Signifies government has no objections to the tenant's business activities.
- Crucial step in registering a new sub-lease after obtaining the EJARI certificate.
Reservation Name:
- Reservation Name is a name chosen by a tenant for their intended business.
- The name is submitted and approved by the Dubai Economic Department (DED).
- Upon approval, the DED issues a document confirming the name reservation.
- The reserved name indicates the tenant's intention to establish a business with that name.
- Essential step for tenants in the process of setting up a new business entity.