The UAE, with its excellent infrastructure, safe-haven status, and business-friendly environment, is among one of the most sought-after business destinations in the world. Make use of the potential from a broader global market and communities as you begin with the United Arab Emirates. Unlike many geographies, the UAE has 50+ authorities that can issue business licenses. Broadly, the licensing authorities are categorised as mainland and Free Zones.
Unlike many geographies, the UAE has 50+ authorities that can issue business licenses. Broadly, the licensing authorities are categorised as mainland and Free Zones. Mainland licenses are issued by the economic department of the respective emirate (State- Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Fujairah and Ras Al Khaima). There is only one such licensing authority in each of the emirates. However, there are multiple free zones that are authorised to issue a license in their own jurisdiction. Among them are themed free zones, which offer specific licensing activities in their jurisdiction, such as Dubai Medic City for Media organisations. It can be challenging for entrepreneurs to select an ideal licensing location considering location, facility, service, cost, availability of activities etc. Our practical understanding can help you make a perfect selection and advise you on the pros and cons that need consideration. Tax regulations can also be a deciding factor in selection since an ideal choice would result in long-lasting tax advantages. Get in touch with our experts well ahead of the formation process, so we can help you choose and execute your objectives.