UAE, Dubai: Emford Global Limited, the specialist company formation and management firm, responsible for managing a variety of corporate business structures in the UAE, today reveals that it has successfully supported the creation of over 900 international businesses between March 2017 and March 2018. An important proportion of these have been located within the UAE, with Dubai Multi Commodities Centre (DMCC) and Ajman Free Zone (AFZ) emerging as the two preferred jurisdictions.
Recent data released by the Ajman Chamber of Commerce and Industry shows that the GDP growth rate in the Emirate averaged 10 per cent from 2001 until 2015. The report also shed light on the role played by AFZ in creating an investment-friendly environment and offering efficient logistics services.
Tony Mathew, Director at Emford Global Limited commented: ‘Each jurisdiction has their own advantages, and the jurisdiction of operation depends on the type of activity. For instance, Ajman Free Zone is the best jurisdiction for start-ups looking for minimal cost in terms of incorporation fees. The short, one-day timeframe and easy instalment payment plans are other key drivers. For a company looking for office space, staff and close proximity to key business areas in Dubai, DMCC is ideal. It is also the best option for a conglomerate as both corporates and individuals can also buy offices in Jumeirah Lake Towers.’
Tony continued: ‘We are encouraged by the growing number of new businesses choosing the UAE to set up their offices. This ultimately reinforces the position of the UAE as one of the best place to set up a new business and an emerging global business hub.’
As a place to set up a new business, the UAE continues to score highly, being ranked #21 out of 190 economies in terms of ease of starting a business, according to the World Bank’s 2018 listing, representing a jump of five places compared with the previous year.
Emford Global Limited has successfully been incorporating companies in a number of different jurisdictions for over 30 years. The company handles more than 13,000 companies in major jurisdictions across the world, with a presence in 16 countries and with over 3,000 regular professional users.
Emford Global Limited also provides a wide range of services to businesses including company formation, administration, bank account opening, corporate re-structuring, residency, virtual office and accounting / auditing. The company does not give investment, legal or tax advice of any nature to its clients.
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About Emford Global Limited
Emford Global Limited is a company specializing in forming and managing a variety of corporate business structures in the UAE. The company provides a wide range of services to businesses including company formation, administration, bank account opening, corporate re-structuring, residency, virtual office and accounting and auditing. Emford Global does not give investment, legal or tax advice of any nature to its clients.
Emford Global Limited has been successfully incorporating companies in different jurisdictions for over 30 years. The company handles more than 13,000 companies in major jurisdictions across the world, with a presence in 16 countries and with over 3,000 regular professional users.
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© Press Release 2018
