• Jumeirah Lakes Towers residents now qualify for a 40 per cent discount when setting up a business in the world’s leading free zone
• The exclusive offer is designed to boost Dubai’s SME community, and support aspiring entrepreneurs and freelancers to start a business

DMCC, the world’s leading free zone for commodities trade and enterprise, launched an exclusive offer on company set up for residents in the Jumeirah Lakes Towers (JLT) community. From June 2019, JLT residents qualify for a 40 per cent reduced rate when registering a new company.

“Flexibility is key when starting a business and by launching this exclusive offer, we hope to help those with entrepreneurial or freelance ambitions transform their ideas into successful business ventures. Jumeirah Lakes Towers is home to over 100,000 people and I have no doubt that there are thousands within this community with great business ideas,” said Feryal Ahmadi, Chief Operating Officer, DMCC. 

“By making business set up simple and providing bespoke advice and support, DMCC takes away the headache for those in the early stages of forming a new company. Dubai is a business capital and the SME community is the backbone of Dubai’s burgeoning economy. We are confident that through our new offering, JLT will continue to be the cradle of entrepreneurship and innovation and in turn, support the nation’s wider economic diversification strategy,” she added.

To avail the offer, JLT residents are simply required to contact the DMCC business set up team through a dedicated website: www.dmcc.ae/resident.

DMCC is home to over 15,000 member companies and registers an average of seven new companies a day. Collectively, the economic impact of DMCC member companies contributes over 10 per cent to Dubai’s GDP, which in turn, positively impacts the long-term economic diversification strategy of the United Arab Emirates (UAE).