Burj Khalifa area..the preferred destination for companies in Dubai

A report issued by the commercial registration and licensing sector in the Dubai Economy showed that the total number of effective companies operating in the Burj Khalifa area has so far reached 18,308 companies, led by license category, commercial activities by 69%, followed by “professional” by 29% The remaining percentages were distributed to industrial and tourism activities.

The report indicated that the Burj Khalifa area is the preferred destination for companies in Dubai, as it provides permanent job opportunities due to its hosting of commercial offices, many service facilities and leading hotels, and the Dubai Opera, Dubai Mall and The Dubai Fountain are surrounded by the tower. The Dancer”, while it is adjacent to many areas such as the Dubai International Financial Center, Al Quoz, Business Bay, and Jumeirah, as well as easy access to Sheikh Zayed Road to go to Zabeel, Al Safa and Umm Suqeim area.

The report indicated that with regard to the legal form of the issued and effective licenses in the Burj Khalifa area, limited liability institutions accounted for about 56 percent, while individual institutions accounted for 23 percent and civil works for 9 percent, while the rest of the list of legal forms included each of the companies with responsibility Limited - Single Person (LLC);

branches of foreign companies;

Branches of companies based in another emirate;

Branches of companies/institutions based in a free zone;

branches of Gulf companies;

joint ventures;

public joint stock companies;

government liaison offices;

and private joint stock companies.

And he indicated that citizens ranked first among investors with issued and effective licenses in the Burj Khalifa area today, while the list of the most prominent nationalities investing in the region included Britain, France, Canada, America, Germany, Egypt, Saudi Arabia, Jordan, China and India.

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