A local partner or local service agent is required to sign up for all the applications connected to governmental issuance. They don't interfere in the daily business operations unless agreed. Nevertheless, the ex-pat partner is responsible to handle the day-to-day business activities.
The three goals of the Department of Economic Department are:
- Contributing to achieve Dubai Government’s vision and developing the different economic sectors.
- Prepare a competitive investment environment to attract local and foreign investment and organizing the business sector according to best practices.
- Provide the best human, financial and technical resource and supportive environment for creativity and excellence.
Many foreign investors and entrepreneurs are eager to conduct their business activity across Dubai with no restrictions. Dubai Mainland (DED) offers a number of options open to international companies and foreign investors including commercial, professional or branch offices. With a DED trade license, there are far greater advantages including a wider variety of business activities, no limit on the number of visas and more. Dubai mainland is the preferred destination for many investors for company formation. The reason behind the popularity of Dubai mainland is the freedom to do business anywhere in Dubai and UAE.