Dubai’s newest free zone, called the DUQE Free Zone, has officially started operations at its headquarters aboard the historic Queen Elizabeth 2 floating hotel, making the first of its kind to be based on the emirate’s waters.
DUQE has partnered with the Ports, Customs, and Free Zone Corporation (PCFC), which is an umbrella organisation operating under the Dubai Government, to provide full integrated support for the benefit of entrepreneurs and emerging entrepreneurs.
DUQE, with its dedicated experts, seeks to provide assistance beyond the stage of launching companies; to provide a wide and comprehensive range of value-added services, including bank account opening assistance, accounting, medical fitness checks, Emirates ID, health insurance, VAT registration process, as well as business centre solutions.
The chairman of PCFC, Sultan Ahmed bin Sulayem, said: “The establishment of DUQE goes in line with the UAE’s vision to focus on economic growth, that aims for diversifying investment opportunities and enable community development, whilst building the infrastructure and environment needed to realise these objectives and establish Dubai and the UAE as a pivotal business hub for global trade”.
The free zone also aims to help innovators expand their businesses through an approach that enhances the flexibility of doing business in the UAE.
The CEO of PCFC Investment, Saeed Al- Bannai, said: “We are confident that DUQE efforts will stimulate the business environment in Dubai and boost its competitiveness through adopting new initiatives designed to improve ease of doing business in the emirate, while expanding our efforts to attract multinational companies and high-potential startups, which will result in elevating Dubai position as a global business hub through tapping into a wealth of growth opportunities in our promising market.”
This is also a step that aims to meet the increasing need for competitive and pioneering solutions to establish companies, especially in light of the strong economic recovery and the continuous flow of international companies that relocate their offices and employees to Dubai.
PCFC established DUQE Free Zone to meet the growing need for competitive and leading-edge company formation solutions, as the country’s entrepreneurial sector sees unprecedented growth amidst strong economic recovery and a continuing influx of international businesses relocating to Dubai.
The general manager at DUQE, Ghaith Al Daker, concluded: “DUQE is built to be the home of the next generation of game changers, innovators and disruptors. We have designed DUQE to be a modern business hub that provides all-inclusive support for entrepreneurs and start-ups, enabling them to source everything their business needs to thrive and succeed in one place.
“We have a team of carefully selected professionals who provide dedicated support through each stage of running a business, from setup and registration, all the way to operational tasks, such as book-keeping, licence and visa renewals and VAT registration. DUQE is where you can get everything done for your business to take off”.
Follow us on
