Dubai has over 15,000 Chinese investors, says DED report.

Over 18,975 Chinese investors own 5,977 active business licences in the emirate of Dubai, according to a report issued by the Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED), Dubai. Between 2014 and 2018, 2,312 licences were issued for Chinese investors, with 371 licences issued in 2014, 424 in 2015, 396 in 2016, and 503 in 2017. Last year, 618 licences were issued to Chinese investors, an increase of 22.8 per cent over the previous year.

Over the past years, Dubai has welcomed 6,364 Chinese investors who have established businesses in various sectors. In 2014, there were 1254 registered Chinese investors for new commercial licenses, 1,222 in 2015, 1,154 in 2016, 1,309 in 2017 and 1325 investors in 2018. Of these licences, 4,811 are Limited Liability Companies, in addition to 722 Sole Proprietorship, 337 Civil Companies, 68 Branches of Foreign Companies, 15 Limited Liability Companies.

Eight Free Zone Branches, eight Branches of Companies based in other emirates, five Government Commercial Liaison Offices...