Dubai’s largest and most trusted business setup company Creative Zone announced its strategic alliance with EnterPh, a Philippine-based consultancy firm led by renowned entrepreneurs RJ Ledesma and Ricardo Chan.
Under the partnership, the entities will work together to enhance business relations between the UAE, Philippine and the larger Southeast Asian markets by providing advice to SMEs and investors on how to set foot in Dubai and operate globally.
The UAE's latest FDI laws allowing foreigners to own 100% of the mainland company, has made the country a top attraction for entrepreneurs and investors to start their ventures. The country was also ranked first in the region for ease of doing business by the World Bank, as it allows businesses to be registered in a few minutes, offers affordable business setup costs, provides a robust and well-regulated banking system, offers a zero personal and corporate tax structure, allows for easier trading across borders and the growing market of the MENA region, thereby offering endless opportunities to a better life.
The Philippines and the UAE enjoy strong bilateral ties, and trade between the countries account for 31 per cent of the regional trade, valued at $4.81 billion. The UAE is also home to more than 7,50,000 Filipinos, who constitute the third-largest expatriate community in the UAE, with an evolving purchasing power and representation across all sectors.
Commenting on the partnership Lorenzo Jooris, CEO, Creative Zone, said: "In a digital world, limiting oneself to specific regions have taken a back seat. The opportunities that lie beyond boundaries are now better explored, and Creative Zone eases this knowledge exchange through our 11 years of expertise in the UAE business landscape. Together with EnterPH's wealth of knowledge in the Southeast Asian market, this partnership will pave the way in materialising the global entrepreneurship concept more effectively and quickly."
"Dubai has always been close to my heart, and educating my fellow entrepreneurs on the overlying opportunities and business potential that can be leveraged whilst within the country is a novel approach. Companies like Creative Zone makes it much easier by providing business owners with flexible and cost-effective solutions about how and where to setup and operate their companies locally in the UAE. I really look forward to this fruitful partnership encouraging the spirit of entrepreneurship," added Ledesma, Co-Founder EnterPH. -- TradeArabia News Service
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