Dubai has introduced a new permit that allows free zone companies to operate within the mainland, marking a significant shift in the emirate’s business landscape. This permit initially applies to non-regulated activities such as technology, consultancy, design, professional services, and trading, with plans to extend it to regulated sectors soon.
Key Features of the Free Zone Mainland Permit
- Allows free zone companies to operate in mainland Dubai without requiring a local sponsor.
- Covers a wide range of non-regulated business activities.
- Maintains the benefits of full foreign ownership and tax advantages typical of free zones.
- Expected future expansion to include regulated sectors.
Benefits to Businesses and the Economy
This permit is designed to:
- Enhance business flexibility by allowing companies to expand their operational reach beyond free zones.
- Create new opportunities for entrepreneurs within Dubai’s mainland.
- Attract increased foreign investment to support innovation and growth, especially in technology and professional services sectors.
- Strengthen Dubai’s position as a leading global business hub with investor-friendly policies.
Overall, Dubai’s new free zone mainland permit represents a significant development in its efforts to foster a dynamic and competitive business environment.
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