Advantages of Doing Business in Dubai?
- The abundance of alternatives for corporate structure and the incentives that go along with them are among the advantages of Dubai’s ease of doing business. Regardless of the format, the following are advantages for businesses in Dubai:
- Advantages of Doing Business in Dubai
- dependable and secure leadership
- a premier financial center
- An international pool of educated workers with a wide range of professional backgrounds is available.
- No limitations on the return of capital
- No share capital is necessary.
- No need to have an office location
- comparatively cheaper setup fees than in other onshore countries
If you’re familiar with the business climate in Dubai, you know there are three types: free zone, mainland and offshore. How does the ease of doing business correlate to the company type? Here’s what you need to know:
Doing Business in a Dubai Free Zone or on the Mainland
Can a Free Zone Company do Business in Dubai?
Free zone companies generally can only operate within their Free Zones and abroad, not on the Mainland. However, the UAE recently announced changes to the Commercial Companies Law that eliminated the need to have a local agent be the majority owner of Mainland companies, making operations on the Mainland more appealing, especially in sectors like retail.
How Can You Tell Whether a Free Zone Company or a Mainland Entity is Right for You?
First, you’ll want to figure out where you want to operate. If you’re looking for Dubai to serve as a hub for regional commerce, a Free Zone entity will suit you best. If you want to service Emiratis, a Mainland firm might be a better option.