Over the years, Dubai has successfully fostered a hospitable environment in the realm of business. During this pandemic time, the majority of economies are struggling to remain afloat or restore stability, Dubai is well on its way to returning to its daily chores.
If you are a person who needs a good dose of retail therapy once in a while, then Dubai is the place for you. The world’s biggest mall, annual shopping festivals and traditional souks do justice to Dubai’s tag as the ‘shopper’s paradise’. With the Dubai Shopping festival just weeks away, a major
Experts of several renowned business consultancy firms who helping investors to set up businesses in Dubai, mention that entrepreneurs prefer setting up their offshore companies in the free trade zones in Dubai. The primary reason behind this is that companies located within free trade zones offers the benefit of 100% ownership to foreign investors, unlike a Limited Liability Company (LLC).
In LLC formation, the major shareholder should be a UAE national with 51% of shares. Company owners looking to expand their business and having a global presence choose Dubai because this city is conducive to the growth and development of business.