A FZCO ( Free Zone Company) in Dubai, is a legal business entity within the free zones. Unlike FZE companies, a FZCO allows up to 50 shareholders, accommodating both individuals and corporations as per the regulatory frameworks of various Free Zone Authorities (FZAs). For example, Jebel Ali Free Zone Authority (JAFZA) explained this in company […]
A Public Listed Company (PLC) in the Dubai Free Zone is a legal limited liability entity operating in the different free zones under the specific free zone authorities. It has 2-50 shareholders, who may be a natural or juristic person per the specific free zone authorities. For example, a PLC is an entity with two
The advantages of a business set up in Dubai include strategic location, tax benefits, world-class infrastructure, easy setup, 100% repatriation profits, and so on. Along with this businesses that operate in Dubai have a unique opportunity to reach a huge customer base. Being located in the heart of the UAE, which has direct connections to
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Dubai is a global investment hub for expatriate investors. Its business efficiency, prime location, strong economy, and visionary business policies strengthen investors’ confidence. The D33 agenda has made Dubai one of the top destinations globally for future technologies, including AI, blockchain, and fintech. Dubai’s startup ecosystem is highly supportive creating an ideal environment for business
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A Free Zone license is a mandatory approval from the Free Zone Authority, needed to operate a business legally. It is provided after the initial approval of the company by free zone-specific authorities, overseen by entities like the Department of Economic Development (DED), following Federal Law No. 2 of 2015 on Commercial Companies and Dubai
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Dubai Free Zone visas are legal residency permits issued in connection with Freezone companies. They allow individuals to reside in the UAE and, depending on their visa type and license status, work for or manage a business within a designated Freezone. These visas are regulated by Freezone authorities in alignment with UAE immigration laws to
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Dubai’s culture is a dynamic combination of different cultures from various backgrounds. It strongly connects with Bedouin idioms, Islam, trades, customs, hospitality, and family-oriented values. It has 56% Muslims, 25% Christians, and 16% Hindus, while 2% of the population adheres to other religions, according to the book The Middle East and South Asia 2014 by
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Dubai offers one of the world’s best working environments. The government massively supports the working community due to its labor laws. Only 8 hours per day or 48 hours per week are allowed in the private sector as per Article 17, Federal Decree-Law No. 33 of Dubai Labor Law. Along with this, employers need to
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The UAE has a diversified and growing economy, which is considered the 4rth largest economy in the Middle East, as stated by IMF reports 2024. It has produced a GDP of AED 1.83 trillion between 2021 and 2023. In past years, the UAE’s economy depended upon oil and gas exports, with 85% in 2009 and
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History of UAE The History of the United Arab Emirates dates back to BCE 6000 when nomadic tribes resided there. Then, the Magan civilization came with people known as Sumerians. After the Magans, the most famous civilizations were the Iron Ages, which are known for their advancements in fortified settlements, irrigation systems, pottery, metalworking, and
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