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Setting up a business in Dubai attracts entrepreneurs from all over the world due to its strategic location, favorable tax regime and developed infrastructure. Dubai allows companies to be opened both in Free Zones (free economic zones) and on the mainland of the city (Mainland).

Free economic zones offer full foreign ownership, exemption from corporate and income tax for up to 50 years, simplified visa processing and minimal bureaucratic requirements. The choice of a specific zone depends on the type of business, as some zones specialize in finance, IT, media or trade.

On the mainland of Dubai, a company can operate for the entire UAE market, but in most cases a local partner is required who owns 51% of the company. The process of creation includes registering a company name, filing statutory documents, obtaining a license for the appropriate type of business, as well as registering an office and a corporate bank account.

Dubai provides a wide range of licenses: trade, service, industrial, financial and special for online business. Taxes on most types of business are non-existent or minimal, and registered companies have access to international markets and the banking system https://financefeeds.com/regulated-payment-structures-in-the-uae-a-legal-guide-for-international-business/