Dubai is the hub for business and the strategic location backed by government initiatives can easily uplift the business in the best way possible. The availability of free zones like DMCC, JAFZA, and more has created an easier pathway for entrepreneurs to pursue different business ideas with huge benefits.
The investors are showing huge interest in the free zones as these offer a myriad of benefits. There are more than 30 free zones in Dubai with flexible and quick establishment policies. The Entrepreneurs can retain huge benefits from business setup in Dubai free zone with 100% ownership and local sponsorship.
Setting up a Business in DMCC
Dubai Multi Commodities Center is the fastest growing and largest economic free zone in the UAE. DMCC has approximately received registration of 170+ companies every month where the leading industries include golds, diamonds, colored stones and pearls, energy-related sectors, steel, base metals, and other soft agricultural commodities. The trading and establishment in DMCC is quite an easy process and with the increase in government initiatives, they are highly profitable. DMCC has recently launched the Middle East’s first Google Entrepreneurs Global Tech with the AstroLabs Dubai collaboration. Dubai Expo 2020 has turned the economy upside down and provided a global platform to exhibit innovation, ideas, and collaboration which tends to attract a huge number of investors to invest in the Dubai Free Zone. Here is the list of factors that you should consider before setting up a business in DMCCChoose the Company Type
The first and foremost is to determine the kind of company you want to open up a business in Dubai- Branch of Local and Foreign Company
- Limited Liability Company.
