Nowadays, nearly all discussion related to the landscape of business set up in Dubai is centred on profitable business opportunities. It is because of the unprecedented economic situation that we are passing through at present. We have seen many industries such as tourism and hospitality biting the dust all of a sudden when a deadly pandemic started driving the course of the world economy.
Interestingly, sectors such as e-Commerce turned highly profitable amidst this economic downturn. Dubai is one of the few business hubs in the world that rose to the occasion by creating an amiable infrastructure to tap into the newfound opportunities in the e-commerce sector. The recent launch of DubaiCommercity, the first e-commerce free zone in the Middle East region, is a positive indicator in this regard. The free zone, the other day, has released a report that states that the e-commerce market in the Middle East, Africa and South Asia (MEASA) will touch USD 148 billion by 2022.
As one of the top business setup consultants in Dubai, we delve deep into why choosing DubaiCommercity is ideal for e-Commerce investors to grab this billion-dollar opportunity. Read ahead.
A Peek into Dubai CommerCity E-Commerce Report
The study says e-commerce has seen major growth during the Covid-19 pandemic with the Gulf region recording a 214% year-on-year increase in cross-border online sales by mid-year 2020. The report has identified the GCC as the fastest-growing sub-regional e-commerce market over the forecasted period. Saudi Arabia and the UAE lead the way with 39% and 38% CAGR respectively. Being the only e-Commerce free zone in the region, foreign investors must choose Dubai CommerCity for company formation in Dubai. Now let’s move on to some points that will justify this recommendation.
A Perfect Environment for E-Commerce Business
The free zone is built around an area covering 2.1 million square feet and boasts of an investment of around USD 1 billion. Dubai CommerCity is strategically situated at the centre of the regional trade route that provides easy access to more than 2 billion people within a 2-hour flight radius. The free zone is close to Dubai International Airport, which enables fast e-commerce fulfilment across the region. Is the location of Dubai CommerCity seems to be appealing? Consult with the best business setup consultants in Dubai to proceed further.
Enabling E-Commerce in the Best Way
The motto of the free zone is enabling e-Commerce and the offerings are true to this slogan. Special e-Commerce licenses, pre-negotiated partnerships, and smart-cost structures enable startups or successful firms to grow their e-Commerce business with Dubai CommerCity free zone. Almost all the free zones in the UAE offer an e-Commerce license, but only in Dubai CommerCity, investors can get a wide range of licenses tailor-made for e-Commerce activities.
Tailor-Made E-Commerce Solutions
Apart from providing complete support to enable a hassle-free business setup in Dubai, the free zone provides special services for e-Commerce businesses. It includes e-commerce strategy consulting, guidance on e-commerce regulations in the region, end-to-end logistics solutions including last-mile delivery, complete e-commerce platform solutions, digital marketing services, and other support services, including but not limited to, photo studios, and call centres, among others.
A Sturdy Infrastructure for Businesses
In terms of infrastructure, the Dubai CommerCity free zone is divided into three clusters and each of them stands out with its own innovative design. The Business Cluster consists of modern landscaped buildings with Grade A premium offices. It includes 12 office buildings with a total built-up area of 443,830 sqm.
The Logistics Cluster comprises state-of-the-art dedicated and multi-client warehouse units with scalable pay-as-you-go pricing models. It has a total built-up area of 52,606 sqm. The Logistics. Ulster offers end-to-end warehousing services including order management systems, streamlined customs clearance processes, and last-mile delivery services from the bonded warehouse directly to the consumer. And, finally, the Social Cluster is where restaurants, cafes, exhibitions, and events are located.
Start a Business in Dubai CommerCity with JBC’s Expert Assistance
Initiating a business setup in Dubai CommerCity free zone enables the investors to benefit from the forecasted growth in the e-Commerce sector. Even though the 40 plus free zones in the UAE provides an e-Commerce license, setting up a business in an industry-specific free zone is more advantageous. In Dubai CommerCity, the investors get access to specialised e-Commerce consultations and support services, which the general-purpose free zones can’t provide.
Investors planning to set up an e-commerce company in the free zone can consult with the best business setup consultants in Dubai such as Jitendra Business a Consultants (JBC). JBC’s business setup consultants are highly qualified and provide robust solutions for enabling a smooth company formation in Dubai. Consult with JBC soon to reap success in the highly profitable e-Commerce sector in Dubai.