Company formation in dubai

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Company Formation In Dubai

Transcript of Company formation in dubai

Company Formation In Dubai

As one of the seven Emirates which make up the United Arab Emirates, Dubai is a cosmopolitan city with a distinctive cultural blend. It is a home to a

large expatriate population. Dubai is the commercial hub of the UAE and has traditionally

been a trading center, serving as an entry port into the Middle East region.

The government of Dubai has played a key role in promoting Dubai as a commercial,

financial, trading and tourist center.

Several free zones have been set up to provide excellent facilities for trading, manufacturing,

services and other industries. With the creation of 'Dubai Internet City', Dubai became the e-

commerce capital of the Middle East with over several hundred IT companies.

Dubai government has commissioned the development of the Dubai Strategic Plan 2015 along five sectors namely:

(1) Economic Development(2) Social Development(3) Infrastructure, Land and Environment(4) Security, Justice and Safety(5) Government Excellence.

Dubai Department of Economic Development(DED)

• Dubai Foreign Investment Office (Dubai FDI)• Dubai SME• Dubai Events and Promotions Establishment (DEPE)• Dubai Export Development Corporation (Dubai Exports)• Dubai Competitiveness Office (DCO)

Trade practices in UAE are in line with normal international standards. As a sophisticated market, full

technical specifications should be provided with CIF UAE prices and Middle East references. UAE is a member of

WTO. Only importers who have appropriate trade license can undertake imports into UAE.

Company formation in Dubai is also subject to several rules and regulations. The Department of Economic Development,

with the institutional support from the Dubai Chamber of Commerce & Industry, is the statutory body that regulates and

controls the licensing procedures for company formation in Dubai.

Company registration in Dubai is also subject to several rules and regulations. Morison Menon, as

one of the top professional consultancy companies in Dubai, UAE, assists clients to comply with such

laws.

Level 15, Lake Central - At The Bay,Business Bay, Al Abraj Street, P. O. Box : 55535, Dubai, UAE [email protected]

Ph: +971 4 276 2233 Fax: +971 4 422 1680

www.morisonmenon.com