Laudy Lahdo, general manager for Servcorp, Middle East, said it continues to see a “flight to quality” with companies relocating from older, secondary locations to prime, quality buildings.
Attending last night's function was Mohammed Abdulla Shael Al Saadi, CEO of Business Registration and Licensing, Department of Economic Development in Dubai.
He outlined two new projects for the business community.
“We are working extensively with Dubai Port to notarise all memorandum of association electronically, hopefully it will go live by May,” he said.
DED is also launching a 120-day “hassle-free license” for corporates arriving in the city on “quick business”, although they will need to be based in Dubai.
“Once you decide to have a business license in Dubai, all you require is a tenancy contract – then you can start business immediately. No one will bother you for 120 days! Inspectors will visit only to check you are complying with business rules and regulations,” he said.
