Establish Your Business in Dubai & Abu Dhabi with?BELOBABA

Dubai, Abu Dhabi, and Ras Al Khaimah are rapidly becoming global hotspots for business. As a multijurisdictional neobank, BELOBABA is uniquely positioned to help you capitalize on the myriad opportunities these cities offer. Here’s an in-depth look at why setting up your company in Dubai’s free zones, Abu Dhabi’s ADGM, and Ras Al Khaimah could be transformative for your business.

Dubai’s Free Zones: A Gateway to Global Markets

Dubai boasts over 30 free zones, each offering unique advantages tailored to various industries. Here are some of the key free zones:

1. Dubai Multi Commodities Centre (DMCC)

???- Industry Focus: Commodities trading, financial services, technology, and more.

???- Benefits: 100% foreign ownership, zero corporate and personal income taxes, and a strategic location in the heart of Dubai.

2. Jebel Ali Free Zone (JAFZA)

???- Industry Focus: Manufacturing, logistics, trading, and industrial activities.

???- Benefits: Proximity to Jebel Ali Port, one of the largest ports in the world, and flexible business setup options.

3. Dubai Internet City (DIC)

???- Industry Focus: Information technology and telecommunications.

???- Benefits: Access to a tech-savvy community, excellent infrastructure, and zero taxes on personal and corporate income.

4. Dubai International Financial Centre (DIFC)

???- Industry Focus: Financial services, legal firms, and fintech companies.

???- Benefits: An independent regulatory framework, 100% foreign ownership, and a strong financial ecosystem.

5. Dubai Silicon Oasis (DSO)

???- Industry Focus: Technology, research and development, and advanced electronic industries.

???- Benefits: State-of-the-art infrastructure, comprehensive business services, and zero taxes on personal and corporate income.

Abu Dhabi: The Rising Star in Business Innovation

Abu Dhabi, the UAE’s capital, is also home to world-class business environments, particularly the Abu Dhabi Global Market (ADGM).

1. Abu Dhabi Global Market (ADGM)

???- Industry Focus: Financial services, fintech, and innovation-driven enterprises.

???- Benefits: ADGM operates under a common law framework, offering a robust legal system and regulatory environment. It provides 100% foreign ownership, zero corporate and personal income taxes, and a strategic location on Al Maryah Island.

2. Khalifa Industrial Zone Abu Dhabi (KIZAD)

???- Industry Focus: Manufacturing, logistics, and trading.

???- Benefits: Proximity to Khalifa Port, one of the most advanced ports in the region, and excellent connectivity to global markets.

3. Masdar City Free Zone

???- Industry Focus: Renewable energy, clean technologies, and sustainability.

???- Benefits: A unique focus on sustainability and innovation, with incentives for green technology businesses and startups.

Ras Al Khaimah: The Crypto-Friendly Option

Ras Al Khaimah, the northernmost emirate of the UAE, is emerging as a favorable destination for cryptocurrency and blockchain businesses.

1. Ras Al Khaimah Economic Zone (RAKEZ)

???- Industry Focus: Diverse sectors including crypto and blockchain technologies.

???- Benefits: RAKEZ offers a flexible and cost-effective business setup with 100% foreign ownership, zero corporate and personal income taxes, and a supportive regulatory environment for crypto businesses.

2. Ras Al Khaimah International Corporate Centre (RAK ICC)

???- Industry Focus: Offshore business setups, including crypto ventures.

???- Benefits: RAK ICC provides an efficient and secure environment for international business, with modern infrastructure and regulatory frameworks conducive to crypto activities.

Why Choose Dubai, Abu Dhabi, and Ras Al Khaimah?

Strategic Location

These emirates offer strategic locations that provide access to markets in the Middle East, Africa, and Asia. Their world-class infrastructure and connectivity make them ideal hubs for international trade and commerce.

Tax Benefits

Dubai, Abu Dhabi, and Ras Al Khaimah offer some of the most favorable tax regimes globally, including zero corporate and personal income taxes in their free zones.

Business-Friendly Environment

The UAE government has implemented policies to attract foreign investment, such as streamlined business setup processes and reduced bureaucracy.

Innovation and Technology

These emirates are at the forefront of innovation, investing heavily in smart city initiatives and technology, creating a fertile ground for tech startups and innovative businesses.

Choosing Dubai, Abu Dhabi, or Ras Al Khaimah as your business base opens a world of opportunities. At BELOBABA, we specialize in guiding you through the nuances of setting up and thriving in these vibrant markets.

Ready to take the next step in your business journey? Contact BELOBABA today and let us help you navigate the advantages of establishing your company in UAE. Your success is our mission.