Business Set Up in National Industries Park (NIP)

Business Set Up in National Industries Park (NIP)

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Business Set Up in National Industries Park (NIP)

Dubai is a flourishing, vibrant city and the most cosmopolitan of all of UAE’s Emirates. The city-state has been fortunate to have a liberal and progressive thinking government that realized from a nearly time, the importance of foreign investment to drive development. They dreamt of a Dubai that would rival Western cities like London and New York as far as business and industrialization was concerned. To realize this dream, the rulers ensured an open economy, and also Set Up Dubai Free Zones to entice foreign investment.

Also Read about: Company Formation in JAFZA

These special economic zones generally have rules and regulations that are more liberal than normal. Let’s take a look now at NIP at Jebel Ali in Dubai.

Built on a sprawling 21 million square meters of land, this special economic zone was created to promote research and development in technology, and to some extent, water management. The facility can house 60,000 permanent residents and 133,000 employees. It began functioning in 1985, and is managed by the Economic Zones World. Entrepreneurs who want business Set Up in Dubai Technopark can do so in one of these three segments – Trading in specified items, Professional or Industrial Activities. The main activities are one of the following: mobility, logistics, engineering, health, water and energy.

The business Set Up in NIP has to be as one of the below mentioned legal entities:

The NIP special economic zone lays heavy emphasis on R&D in technology and managing the scare water resources of the Middle East. What with having access to the resources of the finest academic institutions and international organizations and interacting with the best brains in the fields, working in the Technopark is an unparalleled experience.

Company formation in NIP requires less paperwork and minimal hassle, as the rules and regulations in special economic zones are far more liberal. Let’s examine the special advantages of the NIP at a glance:

By business Set Up in NIP, you can rub shoulders with some of the world’s leading researchers and innovators, and work together to deliver innovative solutions to improve life on the Earth.

Kreston Menon Corporate Services (KMCS) has been providing professional incorporation services to business enthusiasts globally for over two decades. Being among the leading consultants in the UAE , our experience and knowledge of the regional and global market help us provide the best business consultancy services to our clientele.

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