Dubai has introduced a pivotal regulation allowing businesses operating within free zones to expand into the mainland, making Company Formation in the UAE more flexible and accessible. This groundbreaking move, sanctioned by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, grants free zone enterprises—except financial institutions regulated under the Dubai International…
Dubai has launched the International Sports and Entertainment Zone (ISEZA), a groundbreaking initiative within the Dubai World Trade Centre (DWTC) Free Zone. This industry-specific free zone is set to transform the sports and entertainment sector by providing specialized business licensing, operational support, and a dynamic ecosystem for companies looking to expand in Dubai. A Dedicated…
Sharjah, UAE – In a strategic move to bolster security protocols and streamline investor services, the Sharjah Airport International Free Zone Authority (SAIF Zone) and the Hamriyah Free Zone Authority (HFZA) have engaged in discussions with the Sharjah General Directorate of Civil Defence. This collaboration aims to align safety measures with global best practices, ensuring…
The Abu Dhabi Department of Economic Development (ADDED) has introduced a strategic policy allowing businesses from other UAE emirates to set up in Abu Dhabi Mainland without the requirement of a physical office for the first year. This initiative aims to attract more investment, reduce setup costs, and foster a seamless business environment in the…
The International Free Zone Authority (IFZA) has partnered with RAKBANK to provide custom banking solutions for businesses in the UAE. This strategic collaboration aims to simplify financial management for entrepreneurs, startups, and international companies operating in the UAE. The official announcement took place at IFZA’s Dubai headquarters, where top executives from both organizations gathered to…
Dubai’s Free Zones are vibrant hubs that draw businesses from around the globe, offering numerous advantages that make running a business easier and more cost-effective. These designated areas provide a tax-free environment, eliminating corporate and personal income taxes, which can lead to significant savings. In this comprehensive guide, we’ll explore the costs associated with starting…