The Umm Al Quwain Free Zone (UAQ) is one of of the newest free trade zones in the UAE. With a remarkable development during the last few years, the free zone offers foreign investors many investment opportunities, however the local government is currently trying to address new challenges. Our company formation agents in Dubai can assist foreign investors who want to open companies in Umm Al Quwain Free Zone.
The Dubai government is committed in investing the research and development (R&D) industry which is why it has launched the Dubai Future Accelerators program in collaboration with a local foundation. At first, the program will start several pilot projects which will target innovation in various industries in Dubai. Our company formation agents in Dubai can assist foreign investors who want to start businesses in the R&D sector.
2017 finds Dubai still helping small and medium-sized enterprises (SMEs) which are starting to become popular among investors. This time, the local government launched a portal meant to assist Dubai companies seeking to participate in public procurement programs. If you want to open a company in Dubai, our company formation consultants can assist you with the registration procedure.
The end of 2016 brought very good news for the UAE’s trading sector: the country continues to remain one of the world’s most important trading economies and the first in the region, according to the World Trade Organization (WTO). Our company registration agents in Dubai can assist foreign investors who want to start businesses in the trading sector.
The UAE plans to focus on the tourism industry in the “post-oil economy”, as the Minister of Economy called it. Tourism will play in important role in the development of Dubai and Abu Dhabi’s local economies and it will become one of the main supporters of the non-oil economy in the UAE. If you want to open a company in the tourism industry in Dubai, our company registration agents can help you.
The Dubai Chamber of Commerce comes from releasing a report which shows Dubai was more innovative in 2015. Dubai now occupies the 15th place in the Innovation Index out of 22 cities in the world where the report applies. Among the factors leading to this increase, the Chamber of Commerce indicated significant funding and investment in innovation programs. If you want to open a company in Dubai and need assistance, you can rely on our company registration agents.
Companies in the UAE are seeking to attract investments in the industrial branches of the economy worth a total of 70 billion US dollars, according to a recent report issued by the Government. Between 2017 and 2021 industrial companies will undergo what the authorities have named “digital transformation”. If you want to open a company in Dubai and need assistance, our company registration agents can provide it to you.
Dubai remains an attractive middle-eastern city for foreign citizens seeking to relocate and buying a property here. Real estate prices remain low compared to the living standards imposed by such city and the industry is expected to register a new increase on the background of these lower prices. This is also the time for those seeking to set up a real estate agency in the Emirate. However, foreign investors will need the assistance of Dubai company formation agents for the incorporation process of the company.
The yacht charter market in Dubai is afloat, favored by the economic situation in the area but also the Emirate’s great geographical position, allowing for good access to the Persian Gulf. The demand to rent a yacht in Dubai is fueled by the large concentration of high-net-worth individuals in the UAE area. The market includes both standard yachts but also luxury yachts and super-yachts.
Every large investor in Dubai, who wants to organize an important corporate event, knows how high can be the expectations of his guests who come from aboard in one of the most luxurious cities in the world.
For five years now, Dubai ranks among the most visited cities and most important international shopping destinations in the world. In 2016, Dubai ranked second after London in the retail index realized by one of the most prestigious magazines in the field. Our company registration agents in Dubai can assist foreign investors seeking to set up a business in the retail industry in the Emirates.
The UAE and India have always had good trading relations; however, their cooperation was pretty much limited at that until recently. At the end of the May, leaders of both countries have met in order to enhance these relations and create new investment opportunities for investors in both countries.
The World Free Zones Organizations recently held a meeting in Dubai in which the Emirate took the opportunity to present its latest program to assist the development of Dubai free zones. The Emirate has some the most developed and successful free zones in the world, but that won’t stop its rulers to strive to offer even better conditions to foreign investors setting up base here.
The first three months of 2016 have brought an increase in the non-oil private sector in the UAE, according to the last Purchasing Managers Index (PMI). Among the factors leading to growth were higher employment levels and an increase in new orders. Our company registration agents in Dubai can provide more information on the best performing non-oil industries at the moment.
Jebel Ali Free Zone (JAFZA), one of Dubai’s most developed free zones has become vital for the Middle Eastern region during the years as it has become one of the largest trade and logistics networks in the area. Its success was confirmed once more at the beginning of this year when a report showed the outstanding performance of companies registered here. If you want to set up a company in Jebel Ali Free Zone, our Dubai company registration agents can assist you.
A recent study shows the UAE as a “regional hotspot for foreign direct investment” because of the long-term economic growth prospect which is favorable. The UAE was nominated together with several countries in Europe and Africa. Our company registration agents in Dubai can provide you with information about the laws on foreign investment in the UAE.
After announcing the Dubai Wholesale City project, Shaikh Mohammed bin Rashid Al Maktoum unveiled Dubai World Trade Centre’s new projects for the development of the event management industry in the Emirate. The new project is called One Central and will benefit from investments worth 8 billion Dirhams. Our specialists in Dubai can assist foreign investor setting companies in the event management industry.
UAE has started strengthening economic relations with various trading partners, among which the Netherlands. The UAE Minister of Economy will soon meet with the Dutch Minister in order to agree upon new joint investment projects. Our specialists in company formation in Dubai can provide you with detailed information about the current relations between the UAE and the Netherlands.
On the 1st of March, the UAE Prime Minister and Ruler of Dubai, Shaikh Mohammed bin Rashid Al Maktoum, announced the launch of the new Dubai Wholesale City, which aims to become the largest wholesale network in the world. The new hub is expected to help the UAE reach a 4.9 trillion USD income over the next five years from wholesale trade. Our specialists in company formation in Dubai can provide you with more information about the new Wholesale City project.
Media companies in the UAE will benefit from new licensing facilities as Ras Al Khaimah (RAK) has signed a memorandum of understanding with the UAE National Media Council (NMC). The Ras Al Khaimah Investment Authority (RAKIA) is currently the only authority providing services to media companies in the free zone. Our specialists in company formation in Dubai can assist foreign investors seeking to set up media companies in RAK’s free zone.
The Dubai International Financial Centre Free Zone (DIFC) is among the most sought free zones in the Emirate by foreign investors. The number of new companies established in the DIFC was 28% higher last year than in 2014. Among these, the DIFC registered a record growth in the number of financial companies.
In order to streamline the communication between investors and governmental institutions, the Abu Dhabi Department of Economic Development will require local and foreign enterprisers to submit the Unique Identification Number when concluding any type of transaction. Our specialists in company registration in Dubai can assist you with the procedure of obtaining the Unique Identification Number.
The Dubai Chamber of Commerce and Industry organized a forum in order to promote a tighter collaboration with Italy. The forum addressed the business community of Lombardy, Italy which could find various investment opportunities in Dubai and the business community in the Emirate wanting to expand their operations in Italy. Our specialists in Dubai can provide you with more information about the trading relations between the UAE and Italy.
Dubai has become an example to follow among other countries in the Middle East. Present at the Commonwealth of Independent States Global Business Forum in Dubai, the governor of one of the largest financial centers in Kazakhstan declared that the Dubai International Financial Centre is a role model when it comes to regulations.
Dubai is currently working on a new program which will allow investors to have round-the-clock access to company registration and licensing services. Investors will be able to use online applications to register their companies with the Dubai Department of Economic Development (DED). Our specialists in company formation in Dubai can provide you with more information about the documents required for business registration.