The UAE has been attracting a multitude of international brands and organizations. This was initiated by the lure of reaching billions spread across the Middle East. The boom cascaded further due to the very liberal rules and regulations and ease of setup in the region.
Free Zone Companies are registered and listed with a Free Zone Authority (e.g DMCC). A DMCC Free Zone Company does not require you to have any Local UAE Citizen Partner and can be 100% owned by any foreign citizen and/or company.DMCC Free Zone companies can be registered as an Individual, Branch, and/or Subsidiaries of Local UAE, or Foreign Companies.
The economic downturn during the COVID-19 crisis is anything but positive. We are unclear on the long term impact this will have on our economy and in turn ourselves. However, it seems nearly everyone believes a global economic reset is upon us.
DMCC’s Executive Chairman and CEO hosts virtual briefing with UAE Ambassador to Germany. The briefing highlighted the UAE and Germany’s strong ties and continued collaboration particularly during these challenging times. This comes as the third briefing in a series being hosted by DMCC and is held days before DMCC’s Made for Trade Live Germany online event.
New Employee Protection Insurance programme, by Dubai Insurance, provides cost-saving for member companies whilst giving greater protection for employees. New insurance programme follows DMCC’s announcement of a range of economic initiatives to support new and existing members.
DMCC’s Executive Chairman and Chief Executive Officer and UAE Ambassador to the UK commend efforts in the UAE and UK to stem the spread of COVID-19. His Excellency was briefed on DMCC’s latest initiative to support businesses in Dubai. Virtual briefing held days before DMCC’s Made For Trade Live London online event.
DMCC’s Executive Chairman and Chief Executive Officer connects with UAE Ambassador in China via virtual conference. Bin Sulayem expressed his sympathy and support for those affected in China by COVID-19, and emphasised the importance of the UAE-China relationship. His Excellency was briefed on DMCC’s strategy to support business during challenging period. The pair agree to continue working closely in the future to promote the UAE as a global business hub.
DMCC’s leadership continue to interact with the international business community through virtual editions of their ‘Made For Trade Live’ roadshow. DMCC is hosting weekly educational webinars dedicated to its 17,000 member companies to support local business. Virtual roadshows to take place in China, the U.K., Switzerland, Turkey and Ukraine.
Comprehensive package includes discounts and waivers for DMCC’s existing member companies, as well as new companies looking to set up. Announcement in line with UAE and Dubai Government initiatives to support the national economy and private sector. Further information on how businesses can connect with DMCC, and access its range of digital services, is available online here: dmcc.ae/stay-connected.
Made For Trade Live roadshow visits Barcelona for the third time, strengthening ties. DMCC showcases the ease of doing business in its free zone in Dubai to over 150 business leaders. Expo 2020 Dubai set to boost opportunities for Spanish firms.