Why do business in Dubai?
Dubai is located within the UAE. It is one of the region’s most populous cities. The Gulf represents a substantial market for UK businesses, and Dubai is a regional hub and commercial capital. There are around 100,000 UK nationals living in Dubai, and more than 5,000 British companies with a presence in UAE.
As an entry route for Gulf Cooperation Council (GCC) countries, Dubai, with its liberal trade regime, is a strong re-export market. Industries where there are opportunities in Dubai include: healthcare & life sciences services, infrastructure, education, and renewables.
Setting up a business in Dubai
There are three types of business set-ups available to UK entrepreneurs looking to form a company in Dubai:
- offshore company
- freezone company
- mainland company
Each one has different benefits and characteristics, but with expert guidance you can weigh up the advantages, and work out which is best suited to your organisation.
We can tell you if you need a local sponsor for your business in Dubai and we can help you get approval from the UAE’s Department of Economic Development. NX Accountants can assist with your trade licence application and help you get necessary permits for your commercial activity in Dubai.
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