As the economy of Dubai has grown, so too have job prospects, culminating in the booming publishing industry. O&G, transportation & communication, information technology, and tourism are Dubai’s most important industries. As a result of this burgeoning economy, there is an oversupply of office space. International publications have come to Dubai in record numbers.
Most major multinational brands have a presence in Dubai’s Marina, including Citibank, DaimlerChrysler, Goldman Sachs, Hilton, Apple, Credit Suisse, and Reebok, to name a few. The free zone is a section of the city adjacent to the Sharjah city center set aside for economic development. Business, money, and government have all consolidated in this region.
In this planned zone, the most important businesses are shipping and transportation, information technology; banking; chemicals; tourism; construction, and the food processing and manufacturing industries. The Sharjah government has a stake in a small number of sectors. These industries are not fully controlled by Dubai and operate under a different legal regime. A real estate corporation active in Sharjah and Abu Dhabi and a gold market owned entirely by the Dubai Gold Association round out the trio, while the Sharjah Free Zone is a separate commercial development wholly located within the free zone.
Several Sharjah enterprises are conducting business through their own company formation offices in the city’s free zone as part of their efforts to attract more foreign investment. Working with a Sharjah company formation office has the main benefit of streamlining Dubai’s registration and company formation processes. You don’t have to be worried about anything legal. Everything will be taken care of by the advisor of business setup in Dubai. All you have to do is tell him a bit of your company, and you’re done.
Do you wish to establish a business in the United Arab Emirates?
The publishing city of Dubai has a wide range of rental choices. One-room flats, villas, and wholly equipped offices are examples of these. Villas, and fully-equipped offices have all the utilities needed for a working environment. Rentable space on the same site is also available if you manage a whole publishing firm from the exact location. The Dubai license fee covers the operating costs of these offices.
However, publishing businesses and offices in Dubai have higher rates than those in other locations. The reason for this is that Sharjah is a wealthy municipality. Several factors contribute to the business setup in Dubai, including Dubai’s strategic location near the United Arab Emirates and the city’s climate. Due to Sharjah’s increasing popularity as a business destination, it’s no surprise that the city’s real estate market has exploded.