While the opinion of the native “Emiratis” remains divided on the issue of economic liberalization, both the conservative onshore businesses as well as the recently implemented offshore enterprises continue to coexist peacefully. Dubai authorities have been quick to recognize the immense potential of incorporating free trade zones as excellent sources of revenue and this is precisely what has lead to their rather quick rise as one of the most stable and prosperous economies of the world. The Jebel Ali Free Zone in Dubai was built in the mid 1980’s with this sole purpose in mind, and is a veritable haven for offshore investors; others in this category are the Dubai Internet City, Dubai Investment Park, Dubai Airport Free Zone, Dubai International Finance Centre and Dubai Media City. All that is required is to obtain a valid lease on any or each of the 5 licence types. Continue Reading