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.