Dubai has introduced a new permit allowing free zone companies to operate in the mainland, marking a significant development in the city’s business landscape. This permit currently applies to companies engaged in non-regulated sectors, including technology, consultancy, design, professional services, and trading. The government aims to expand this initiative to regulated sectors soon.
Key Features of the New Permit
- Enables free zone companies to conduct business activities beyond their initial locations.
- Targets non-regulated sectors first, with plans to include regulated sectors later.
- Designed to increase flexibility and facilitate growth opportunities for businesses.
Benefits for Businesses and the Economy
This move is expected to:
- Reduce restrictions traditionally faced by free zone companies in mainland operations.
- Simplify procedures, making it easier for companies to access new markets.
- Attract more entrepreneurs and investors, boosting Dubai’s reputation as a global business hub.
- Create a more integrated and competitive business environment.
- Support innovation and economic diversification in the region.
In summary, this new permit represents Dubai’s commitment to fostering a dynamic and inclusive business ecosystem. Businesses in eligible sectors are encouraged to apply and benefit from enhanced operational freedom. Stay tuned to Questiqa World News for further updates on this initiative and its expansion to regulated sectors.
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