Which Freezones are Designated Zones in the UAE?
We have discussed earlier the different options to have a licensed company, mainland, freezone, offshore. Now what is this designated Zone? How does it differ from the others? Here we will also get into the list of designated zones.
Being a company in UAE, it is important to follow the local laws, which include the tax laws. If the special tax laws are not followed within a designated zone properly then it will attract penalties. This will impact the company’s performance.
Scope for start-ups and offshore tech companies
The UAE government has put a lot of focus on innovation accelerators, in order to provide large scope for start-ups and offshore tech companies with employment gap especially
How sustainable is Dubai’s economy?
As much as the history of Dubai’s economy has been engrossed in its dependence on oil, Dubai currently is less dependent on oil than many may think.
Oil, a fossil fuel, has been an integral part of UAE’s economy.