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Business, Expansion, Startups

Dubai CommerCity Free Zone is Coming

Are you looking to start or expand your e-commerce business to the UAE? Well look no further we have exciting news for entrepreneurs. Dubai’s first dedicated e-commerce free zone is named CommerCity.

Dubai CommerCity is a Dh2.7-billion, 2.1-million square feet joint venture between Dafza and wasl Asset Management Group and is located at Umm Ramool area.

CommerCity free zone will accelerate the growth of the e-commerce market, which is expected to reach $20 billion (Dh73.4 billion) in 2020 in the GCC countries. Dubai CommerCity will provide an environment that inspires creativity and appeals more direct foreign investments.

This new free zone is expected to drive steadily growing private investment activities supporting the region’s start-ups. Over the next five years, the e-commerce sector is projected to account for 10% of Dubai’s retail sales, which are in turn expected to reach Dh200 billion by the end of 2017.

Dubai CommerCity free zone is ideal for all types of businesses offering e-commerce, IT and internet-based services.

SYNERGY GROUP

Are you ready to be the next entrepreneur? Do you need advice on starting your business in the UAE?

Fast-growing and trusted partner Synergy Group, provides integrated business solutions for individuals, SME’s, mid-size corporates and MNC’s seeking to establish a presence or restructure in the UAE or wider-GCC.

Entrepreneurs and professionals benefit from Synergy Groups fast assistance on all aspects of corporate structuring and residency/employee matters.

Synergy Group, offer a FREE consultation on company formation. Contact us to discuss your business options either by e-mail info@synergy-gulf.com or call +971 4 563 7302. We look forward to meeting you.

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