Business Bay stands out as an ideal location for business setup due to its strategic position in Dubai, near Downtown Dubai and Sheikh Zayed Road. Setting up a business in Business Bay offers entrepreneurs a prime location in Dubai with excellent infrastructure, connectivity, and growth opportunities.
The benefits of setting up a business in Business Bay include access to a dynamic business environment and a diverse client base. The location attracts multinational corporations, startups, and SMEs, fostering networking opportunities. Businesses enjoy tax advantages, such as no personal or corporate income tax, due to Dubai’s free zone policies in nearby areas. Excellent connectivity via metro, roads, and proximity to Dubai International Airport supports operational efficiency.
No, Business Bay is not a free zone. Business Bay operates as a central business district in Dubai under mainland jurisdiction, managed by the Department of Economic Development (DED). Unlike free zones, it requires a local sponsor for certain business types, such as a Limited Liability Company (LLC). However, Business Bay offers proximity to free zones like Dubai International Financial Centre (DIFC), located 5 kilometers away. Companies in Business Bay enjoy modern infrastructure and strategic access, but they follow mainland regulations instead of free zone benefits like 100% ownership or tax exemptions.
You can choose 3 main legal structures for a business in Business Bay. These structures suit different business needs:
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