In a significant move to bolster Dubai’s burgeoning digital economy, the Dubai Chamber of Digital Economy, a prominent entity under the Dubai Chambers, has launched a comprehensive guide for startups aiming to establish their businesses in the emirate. Titled *‘Building Your Business in a Dynamic City: The Entrepreneur’s Guide to Business Setup in Dubai’*, the guide is set to simplify the intricate process of business setup, providing entrepreneurs with vital insights.
This initiative comes as Dubai Chamber of Digital Economy prepares to host ‘Expand North Star,’ the world’s largest startup event. The guide is strategically timed to coincide with the event, offering invaluable resources to entrepreneurs amid the city’s dynamic business landscape. The UAE’s ambitious goal to double the digital economy’s contribution to the national GDP has spurred the creation of this guide. With the aim of reaching 19.4% of the GDP by 2031, valuing at US$ 140 billion, the guide is a pivotal step toward realizing these aspirations.
Available as a free download, the guide incorporates feedback from the business community, covering a wide array of topics, from understanding Dubai’s economy and legal frameworks to practical aspects like opening a business account and navigating the city’s diverse range of free zones. Additionally, the guide includes sector-specific information, guiding entrepreneurs through the nuances of Fintech, AI, Cybersecurity, and more.
Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, emphasized the guide’s role in facilitating entrepreneurs, stating, “The release of this guide represents an advanced step in our journey to help entrepreneurs from across the globe successfully set up their businesses and leverage the exciting opportunities emerging in Dubai’s digital economy.”
As Dubai cements its position as a global digital capital, this guide stands as a beacon, guiding entrepreneurs towards a future of innovation and success within the city’s flourishing digital landscape.