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 Best and Cheapest Free Zones for Business Formation in Dubai Dubai is an all-time favorite location for foreign investors and entrepreneurs. Dubai is preferred for business activities, whether expanding an MNC or starting up a new venture. Startups have continuous exposure, excellent business infrastructure, easy licensing process, UAE Government’s support, and more benefits. Dubai is best defined with the terms like “magnificence” and “Luxury”. The UAE has over 30 cheap free zones for different businesses and industries. You can freely choose the zone that can meet your business needs. Different zones are governed by your different jurisdictions and laws for business formation in Dubai - Dubai Silicon Oasis It is the melting pot of state-of-the-art technical advances. This free zone offers a lot of residential amenities and job opportunities to the people who work here. A lot of telecom giants and IT companies lead here. However, it also has many business consultancies, law firms...

 Latest Opportunities for Business Set up in Dubai With improved access to natural resources and finances, business-friendly tax environment, and so many trading options, Dubai is such a favorable destination for business expansion. You have reached billions of customers thanks to its proximity to Middle East, African, Asian, and Eastern European countries and its central location. With negligible cost of living and 0 corporate tax, there is no lack of opportunities. Education Dubai has more than 85% of the expat population. So, educational institutions are much needed here. If you have all the important licenses and certifications to provide education in different languages, you can easily set up a school, educational institute, or college here. You should have proper infrastructure, unless you are acquiring a franchise. You can also make the most of digital teaching with low capital. Healthcare It is another recession-free industry as people from nearest countries visit the UAE f...

 How to Renew a Trade License in Dubai? To set up and do any business in Dubai, you need a trade license. There is a lot of paperwork involved in license renewal Dubai. It is also a cumbersome process if you don’t know about the procedure. Delay in renewing trade licenses is also subject to penalties and even a ban on the license. As a result, all your business operations may be seized. The Department of Economic Development Dubai offers three types of licenses – ● Professional License, ● Commercial License, and ● Industrial License Here’s how to renew a trade license – 1. Tenancy Contract Keep in mind that the validity of the tenancy contract of your company is for a minimum 1 month or you won't apply for renewal. 2. Application You need approval from relevant authorities to do business in Dubai and renew your trade license. Apply with the renewal of license with all the documents needed at the DED. Here’s what you will need for renewal of business license – ● BR/1 form ● ...

 Patent Registration in UAE – Legal Requirements and Procedure Whether you are creating a novel item or a unique technique, it always comes with a new opportunity for the growth of your business. Patent registration in UAE is the first step to safeguard your interest. The UAE Ministry of Economy (MOE) regulates patent registration. Legal Requirements You can get a patent for a novel invention in the world or something which is inventive and not common to any other skilled person in the same field. The invention must be used for industrial innovation. In addition, you cannot register patent for one of these things as per Patent Law article 6(1) – ● A rule, guide, or method to do mental activities, play games, or do business ● An invention which may cause violations of morals or public order ● A mathematical principle, method, or scientific discovery, ● A variety of animal species, plants, or biological method to produce animals or plants (excepting microbiological products and metho...