Dubai understands that the oil and gas industry is an important money earner for this place yet they are looking at other areas of investment that could be considered to contribute and strengthen its overall economy. The huge boom Dubai companies economy is experiencing now could be due to the good economic policies created by the new rulers to attract tourist and business to make this nation their primary destination for business or entertainment.

For businesses planning to conduct business in Dubai, locating in a free zone is a viable way to consider. To be registered and established in Jebel Ali, these establishments are governed by a separate body, the Dubai Free Zone Authority. Spanning an area of more than 100 square kilometers made up of several buildings like offices and warehouses, the Jebel Ali Free Zone has amenities essential for any company to carry out business easily. To establish such a business, you must have at least Dh one million in capital but surely, you can have more. One requirement for a business who would like to establish operation in a Dubai free zone is just a solitary shareholder.

The entrepreneur who wants to conduct business in Dubai need not visit the authority to incorporate the company. All essential documents may be delivered by courier service, email service and fax, however the documents have to be signed in the authorized agent’s office.

Investors can profit from the fact that Dubai is a globally-recognised jurisdiction that doesn’t have any ‘tax haven’ stigma as many other jurisdictions sometimes do. Dubai provides complete secrecy and confidentiality because owners of Dubai offshore companies are kept confidential under law. Dubai offshore companies may choose to hold banking accounts and deposits in the UAE or anywhere in the world they like to. Though Dubai companies has to submit audited financial statements annually, reports on corporate actions is not needed. Although anonymity might be abused for unlawful use, it’s regarded and legitimate as a privilege for Dubai companies.

If you’re looking for a market where you like to invest and gain significantly, Dubai might be your kind of place.