Do business in Dubai without residence with virtual licence.
| Position | Dubai, United Arab Emirates |
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, on Monday announced the launch of the region's first Virtual Company Licence. The licence will allow investors worldwide to do business in Dubai digitally without requiring residence. The virtual licence, a joint initiative of Dubai Economy, Dubai International Financial Centre (DIFC), General Directorate of Residency and Foreigners' Affairs (GDRFA), Smart Dubai, and the Supreme Legislation Committee, focuses on three main sectors: creative industries, technology and services.
The initiative, which offers vast opportunities for investors around the world to...
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